High Loan Amount
Hero FinCorp offers two-wheeler loans up to ₹3.5 lakh in Adilabad for high-end bikes.
Two Wheeler Loan In Adilabad
- Loan up to Rs 3.5 Lakh
- Longer Tenure
- No Hidden Charges
- Flexible Repayment
Two Wheeler Loan EMI Calculator
Get A Two Wheeler Loan In Adilabad Upto 3.5 Lakh
Adilabad is famous for its rich cotton cultivation, with acres of cotton fields surrounding the city. Hence, it is also called "White Gold City," as cotton has been the backbone of its economy for many years.
It is an agricultural trade centre strategically connected with Hyderabad and Maharashtra's Nagpur by a national highway. Because of this, the demand for two-wheelers is high in Adilabad. However, not everyone can afford a bike and may need external financial support; that’s where a two-wheeler loan comes into play.
Two-wheeler loans are essential in helping people efficiently and affordably fulfil their transportation needs. Hero FinCorp is a popular financial institution that provides customised financing options for people looking to buy two-wheelers. You can select the ideal two-wheeler loan in Adilabad based on various tenures and down payment amounts.
Hero FinCorp offers quick approval for bike loans in Adilabad through minimum paperwork. You can get approval for your two-wheeler loan in Pune in fifteen minutes if you fulfil the loan eligibility criteria and have all the necessary paperwork.
Features And Benefits of Two Wheeler Loan in Adilabad
Hero FinCorp offers a range of attractive features and benefits with their two-wheeler loans in Adilabad, such as flexible repayment tenures, high loan amounts, attractive interest rates, instant approvals, and more.
Attractive Interest Rate
Hero FinCorp offers competitive two-wheeler loan rates starting at 14% per annum in Adilabad.
Collateral Free
Hero FinCorp's two-wheeler loans are collateral-free, requiring only the purchased vehicle for approval.
Flexible Repayment Tenure
Hero FinCorp offers loan tenures from 6 to 60 months, allowing flexible EMI and interest options.
Instant Approval
Hero FinCorp offers quick bike loan approval in Adilabad with eligibility and paperwork in 15 minutes.
Eligibility Criteria for Two Wheeler Loan in Adilabad
Hero FinCorp has certain two wheeler loan eligibility criteria, such as minimum age, income level, citizenship, etc., that must be fulfilled to qualify for two-wheeler finance in Adilabad. Let's understand these requirements in brief:
Age Range
Between 18 and 65 years old.
Citizenship Requirement
Only Indian Citizens are eligible to apply.
Work Experience
Salaried individuals need 1 year of work experience.
Minimum Monthly Income
The minimum monthly income needs to be Rs.10,000.
Documents Required to Apply for a Two Wheeler Loan in Adilabad
The following are the documents required for two wheeler loan with Hero FinCorp from salaried individuals and self-employed individuals:
Documents Required for Salaried Employee
Loan Application
Duly filled loan application form, Passport-size coloured photograph
Identity Proof
Driving Licence, Aadhaar card, Passport, PAN Card, ID Card (issued by Central Government/State Government/PSUs)
Residence Proof
Driving Licence, Aadhaar Card, Passport, Property or Municipal Tax Receipt, Ration Card, Utility Bill
Income Proof
Salary Slips (last six months), Bank Account Statement of the last six months (salary account), Salary certificate (stating name, designation, and authorised signatory), Form 16
Job Continuity Proof
Job offer letter from the current employer, Experience certificate from the previous employer
Age Proof
Birth Certificate, Passport, PAN Card, Driving Licence
Office Address Proof
(Not required for salaried employees)
Property Documents
(Not required for salaried employees)
Documents required for Self Employed
Loan Application
Duly filled loan application form, Passport-size coloured photograph
Identity Proof
Driving Licence, Aadhaar card, Passport, PAN Card
Residence Proof
Driving Licence, Aadhaar Card, Passport, Ration Card, Utility Bill
Income Proof
(Not required for self-employed)
Job Continuity Proof
(Not required for self-employed)
Age Proof
Birth Certificate, Passport, PAN Card, Driving Licence
Office Address Proof
Maintenance Bill, Utility Bill
Property Documents
Rent Agreement, SSI or MSME Registration Certificate
Interest Rates and Charges for Two Wheeler Loan in Adilabad
Hero FinCorp offers some very attractive options for two-wheeler loan interest rates in Adilabad. They have a range of interest rates starting from as low as 14% per annum, making monthly repayments very convenient.
How To Apply For a Two Wheeler Loan in Adilabad?
Hero FinCorp provides two ways to apply for two-wheeler loans:
- 1
Visit the Two-Wheeler Loan section on the Hero FinCorp website.
- 2
Click the ‘Apply Now’ button.
- 3
Enter your details and select the ‘Hero MotoCorp Two-Wheeler dealership’ from where you want to buy the vehicle.
- 4
Select the checkbox to agree to our ‘terms and conditions’ and submit.
Frequently Asked Questions
Any 18+ Indian Citizen, whether salaried or self-employed, whose income is more than Rs. 10,000 can apply for a two-wheeler loan in Adilabad.
You can get the loan amount starting from Rs. 10,000 to Rs. 3,50,000.
You can repay your two-wheeler loan in three simple steps:
- Enter your Loan Account Number or Application ID.
- Confirm your Loan Account Details & Total Due Amount.
- Select Payment Mode & Make Payment.
- Or you can automate the EMI deduction directly from your bank account.
Several lenders may impose additional fees and penalties when a borrower fails to make an EMI payment on schedule. If the payment is not made within 30 days of the due date, a penalty of 1% to 2% of your EMI will be imposed.