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Get A Two Wheeler Loan In Gooty Upto 3.5 Lakh

Gooty is a town located in the Anantapur district of Andhra Pradesh. It is a charming town celebrated for its ancient fort and serene landscapes. It boasts cultural treasures like the revered Chennakesava Swamy Temple, drawing visitors with its historical richness and peaceful ambience.

Agriculture, particularly cotton and groundnut cultivation, forms the backbone of Gooty's economy. Its strategic position on the Bangalore-Hyderabad National Highway ensures easy accessibility. The place offers a mix of traditional allure and modern conveniences, making it an attractive destination for anyone seeking tranquillity. The most efficient way to get around the city is by using a two-wheeler.

Hero FinCorp offers competitive Two-Wheeler Loans in Gooty, designed to cater to those looking to buy or upgrade their bike or scooter. With minimal documentation and attractive interest rates, we ensure a seamless borrowing experience.

Features And Benefits of Two Wheeler Loan in Gooty

Avail our bike loan in Gooty to get your desired two-wheeler with ease. Here are the key features:

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High Loan Amount

Secure the funds necessary to buy your preferred motorcycle. We offer loans ranging from Rs 10,000 to Rs 3,50,000 for all Hero MotoCorp two-wheelers.

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Attractive Interest Rate

Save on your loan costs with our attractive interest rates. Our Two-Wheeler Loan interest rates start at 14% per annum.

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No Collateral Needed

You can obtain a Two-Wheeler Loan without having to pledge any assets as security.

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Flexible Repayment Tenure

Choose a repayment plan that fits comfortably within your budget. Our loan tenures range from 6 months to 5 years.

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Quick Approval Process

Get instant approval on your loan application, ensuring you can hit the road sooner than expected.

Eligibility Criteria for Two Wheeler Loan in Gooty

Before applying, check the eligibility criteria for Hero FinCorp’s Two-Wheeler Loans in Gooty.

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Age

Ensure you are at least 18 years of age.

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Citizenship

You should be a citizen of India.

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Work Experience

Salaried and self-employed individuals can apply, with at least one year of experience.

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Monthly Salary

You must earn a minimum monthly income of Rs 10,000.

Documents Required to Apply for a Two Wheeler Loan in Gooty

The following documents are required if you are a salaried person and self-employed professional to apply for a Hero FinCorp Two-Wheeler Loan:

Documents Required for Salaried Employee

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Loan Application

Duly filled loan application form, Passport-size coloured photograph

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Identity Proof

Driving Licence, Aadhaar card, Passport, PAN Card, ID Card (issued by Central Government/State Government/PSUs)

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Residence Proof

Driving Licence, Aadhaar Card, Passport, Property or Municipal Tax Receipt, Ration Card, Utility Bill

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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

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Job Continuity Proof

Job offer letter from the current employer, Experience certificate from the previous employer

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Age Proof

Birth Certificate, Passport, PAN Card, Driving Licence

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Office Address Proof

(Not required for salaried employees)

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Property Documents

(Not required for salaried employees)

Documents required for Self Employed

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Loan Application

Duly filled loan application form, Passport-size coloured photograph

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Identity Proof

Driving Licence, Aadhaar card, Passport, PAN Card

Residence Proof

Driving Licence, Aadhaar Card, Passport, Ration Card, Utility Bill

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Income Proof

(Not required for self-employed)

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Job Continuity Proof

(Not required for self-employed)

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Age Proof

Birth Certificate, Passport, PAN Card, Driving Licence

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Office Address Proof

Maintenance Bill, Utility Bill

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Property Documents

Rent Agreement, SSI or MSME Registration Certificate

Interest Rates and Charges for Two Wheeler Loan in Gooty

Our Two-Wheeler Loans in Gooty enable you to buy your desired bike without exhausting your savings. We provide competitive bike loan interest rates in Gooty, starting at 14% per annum, ensuring affordability and flexibility whether you are looking for a scooter for daily commuting or a stylish motorcycle for occasional rides.

Maximum Loan Amount

Rs.10000 (Min) – Rs.3,50,000 (Max)

Maximum Loan Tenure

6 Months (Min.) – 60 Months (Max)

Interest Rate

14% - 36% (Upto 36 %)

Processing Fees

Up to 5% of Loan Amount

Other Fees (Promo Charges, PDD Charges, ECS charges, Doc Charges)

As per Schemes

Prepayment Charges

5% on Principal outstanding (additionally interest up to 6 months for foreclosures within 6 months from date of disbursement)

Cheque/NACH dishonor charges

350/-

Cheque Swap Charges

500/- per request

Delayed Payment Charges

3% per/ month on EMI overdue

Default Charges

Additional as applicable

Stamp duty Charges

As applicable

Re-imbursement of Collection charges

Actual

Legal, Repossession & Incidental Charges

Actual

Other Charges

As applicable

Taxes

GST and all other applicable taxes statutory levies, if any will be charged additionally.

How To Apply For a Two Wheeler Loan in Gooty?

You can apply for two-wheeler financing in Gooty online and offline.

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  • 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

You can proceed under the foreclosure terms outlined in your loan agreement.
Your loan processing will occur within 15 minutes after submitting the required documents and completing verification.
No guarantor is needed for loan approval. Just submit your KYC documents and bank details.
You may be able to provide a down payment as low as 5% of the vehicle's on-road price, depending on your credit score and eligibility.
A good credit score can help you get favourable terms on your Two-Wheeler Loan, including competitive interest rates and flexible repayment tenure.