Online Two Wheeler Loan

Commuting is a problem over long distances in India as everywhere public transport doesn’t help. An ordinary individual if does not think of owning a car does think of possessing a two-wheeler as a personal means of transport.

So, Personal Loan from Home Credit can be known as two-wheeler loan is such a friendly option to make life easy for everyone by making them fulfil the basic needs.

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  • Quick & Easy
  • 100% Paperless
  • 0% Processing Fees
  • Instant Online Approval upto INR 2 Lacs
  • No Hidden Charges
  • Quick Disbursal

Required documents

Listed below are some of the documents needed at the time of loan application.

ID proof: Passport, Driving licence, PAN card, Aadhar Card.
Address Proof:Documents should have your current residential address like Passport, Driving licence, PAN card, Aadhar Card, Utility Bills
DOB proof: A valid document showing your age. It can be a birth certificate or an educational document.
Bank statements:This is a decision making a document for getting the loan approval at the earliest as the bank decides the borrowers’ repayment capacity and the also checks the savings the person has.
Salary slips:Last three months’ salary slip for salaried person.
Certified balance sheet:For self-employed
Additional DocumentsITR document, Form 16, Employment Letter, Documents Supporting Qualification, Income Proof

Home credit personal loans have the following document requirement.

  • PAN card of the individual
  • ID Proof: Voter ID, Passport, Driving License, etc.
  • Address Proof: Passport, Driving License, Ration Card, Passport, Aadhar Card, Utility Bills, etc.
  • Bank statement of the income account with net banking facility.

Carefully check the loan details like the interest rate, duration of extension, extra charges, EMIs etc. before finalising the loan offer, changes at a later stage might not be possible. Education is important, do not put it aside because of financial crunch. Our personal loan is for you.

Features and Benefits

Irrespective of Income

This loan doesn’t consider the annual income of an individual as far as there is a surety of repayment. The individual doesn’t have to cut on his/her daily expenses as the EMIs are small it is only about the responsibility that one needs to take of repayment and should be counted as an element of the monthly budget he/she plans. .

No prepayment or foreclosure charges

Since two-wheeler loans are small amounts, therefore, there are high chances that they can be prepaid, hence banks being aware of the high probability usually do not charge extra. They understand that any individual would want to get free of monthly instalments even if they are small amounts.

Major finance

The banks finance the major amount of the two-wheeler making it easy for the borrower to pay the minimal down payment and own the vehicle without any difficulty.

Added costs

This loan offer makes life even easier by covering the extra expenses on buying a vehicle like insurance, safety accessories, etc. It offers best deals inclusive of these extra benefits and the cost associated with it hence, you don’t have to worry about the expenses post purchasing your vehicle.

Reasonable and flexible tenure

The loan tenure is quite reasonable and decent to make easy repayments. In case of delays due to unfavourable circumstances, there is an option to extend the duration of your loan.

Credit score

Make a start with two-wheeler loan, repay easily and give a good start to your credit history. Build a good credit score and maintain for further requirements.