High Loan Amount
Get up to Rs. 3.5 lakhs for your two-wheeler purchase.
Two Wheeler Loan In Punganur
- 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 Punganur Upto 3.5 Lakh
Punganur, a town in Andhra Pradesh, is famous for its history, strong agricultural presence and growing infrastructure. The city is well known for the Punganur cow and the peaceful Punganur Lake, both iconic landmarks. With its thriving industries and efficient transportation system, Punganur stands out as a hub for business and tourism, attracting visitors and enterprises alike. The historical sites and agricultural legacy add to the city's charm making it an attractive destination for travellers interested in experiences and learning about farming traditions. Thanks to its location and diverse offerings, Punganur remains a city that harmoniously merges tradition with modernity.
Features And Benefits of Two Wheeler Loan in Punganur
Hero FinCorp offers competitive Bike Loans in Punganur with minimal paperwork and quick approval.
Attractive Interest Rate
Enjoy low and competitive interest rates.
Collateral Free
No need for collateral to secure your loan.
Flexible Repayment Tenure
Choose a repayment tenure that suits your financial situation.
Instant Approval
Quick and hassle-free loan approval process.
Eligibility Criteria for Two Wheeler Loan in Punganur
To qualify for bike finance in Punganur, ensure you meet the following criteria.
Age
Applicants should be between 18 and 65 years.
Citizenship
Must be an Indian citizen residing in Punganur.
Work Experience
Minimum of 1 year of work experience is required.
Monthly Salary
Applicants should have a minimum monthly salary of Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Punganur
To apply for a Bike Loan in Punganur, you need the following documents:
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 Punganur
Two-Wheeler Loan interest rates in Punganur at Hero FinCorp are designed to be competitive, starting at just 14% per annum, ensuring affordability for all eligible applicants. This favourable interest rate structure aims to make two-wheeler financing accessible to many individuals, allowing potential borrowers to secure financing at attractive terms. Whether you are considering the purchase of a new motorbike or scooter, these competitive interest rates cater to various budgetary requirements, allowing applicants to benefit from cost-effective loan options in Punganur.
How To Apply For a Two Wheeler Loan in Punganur?
Applying for a Two-Wheeler Loan in Punganur is simple:
Here’s how you can apply online:
- 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
The processing fee ranges from 1% to 2% of the loan amount.
Yes, zero down payment options are available.
Use our website's online two-wheeler loan EMI calculator. Enter your loan details, such as tenure, loan amount, and interest rate, and get EMI estimates in seconds.
Yes, loans are available for all two-wheeler models.
No, these loans are collateral-free. You do not need to pledge any asset to get a Bike Loan from us.
