High Loan Amount
Getting a bike loan in Nagpur has become easy. It offers anywhere between Rs.10,000 and Rs.3,50,000.
Two Wheeler Loan In Nagpur
- 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 Nagpur Upto 3.5 Lakh
Nagpur, the "Orange City," blends rich culture with modernity, making it a captivating destination for tourists. Deekshabhoomi, one of the city's most prominent attractions, is a sacred monument where Dr. B.R. Ambedkar chose to follow Buddhism, representing social justice and a significant site for pilgrims. While exploring the vibrant city, tourists can also enjoy the lush orange orchards and indulge in the delicious citrus fruits.
Thanks to its diversified economy, Nagpur has become a notable industrial hub, marked by various industries such as manufacturing, IT, and logistics. This economic diversity has led to a vibrant job market and entrepreneurial opportunities, making the city an excellent place to work and live.
Moreover, two wheeler loans in Nagpur are readily available for quick and hassle-free mobility, making commuting convenient and efficient. The city’s harmonious blend of tradition and progress and the convenience of quick two-wheeler loans make it an exciting and convenient place to live in.
Features And Benefits of Two Wheeler Loan in Nagpur
The two-wheeler loan in Nagpur has many benefits and features. If we talk about its features, it comes with high loan amounts and offers attractive interest rates, flexible repayment tenure and instant approval.
Attractive Interest Rate
Bike on loan in Nagpur enhances the affordability and budget-friendliness of your dream bike or scooter purchase.
Collateral Free
In Nagpur, secure a collateral-free two-wheeler loan, making it easy to finance your dream bike.
Flexible Repayment Tenure
The Two-Wheeler Loan in Nagpur offers flexible repayment options for up to 60 months for convenience.
Instant Approval
Get fast approval for your Bike Loan in Nagpur, and ride your new bike without delay.
Eligibility Criteria for Two Wheeler Loan in Nagpur
To buy a bike on loan in Nagpur, applicants need to fulfil these eligibility criteria:
Age
Ensure you are at least 18 years of age.
Citizenship
You should be a citizen of India.
Work Experience
Salaried and self-employed individuals can apply, with at least one year of experience.
Monthly Salary
You must earn a minimum monthly income of Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Nagpur
To apply for a two-wheeler loan in Nagpur, you'll need the following documents along with a duly signed loan application form and passport-size coloured photograph:
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 Nagpur
Have you always dreamt of riding your dream bike but been put off by high interest rates? Well, you need not worry much. Our two-wheeler loans in Nagpur offer more than just a way to get around; they give you the freedom and excitement of open-road adventures.
How To Apply For a Two Wheeler Loan in Nagpur?
Applying for a Two-wheeler Loan in Nagpur with Hero FinCorp is a breeze:
- 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
Yes, self-employed individuals can apply for a bike loan in Nagpur.
The processing fee ranges from 1% to 3% of the loan amount in Nagpur.
Yes, students can apply for two wheeler loans in Nagpur, provided they meet specific eligibility criteria.
You can repay your bike loan through EMI.
The maximum loan tenure for a two wheeler loan in Nagpur is generally up to 5 years.