Adequate Loan Amount
Taking help from Hero FinCorp can give you access to Bike finance in Rajam for upto Rs 3.5 lakhs.
Two Wheeler Loan In Rajam
- 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 Rajam Upto 3.5 Lakh
Rajam is a town celebrated for its culture and fast-paced progress. Noteworthy landmarks comprise of the Sri Satya Sai Baba Temple and the lively Rajam Bazaar. The town serves as a center, for agriculture and small scale businesses playing a role in its advancement. Rajam is esteemed for its facilities delivering top notch learning opportunities to its residents.
Features And Benefits of Two Wheeler Loan in Rajam
Hero FinCorp offers competitive two-wheeler loans in Rajam that are tailored to your needs.
Appealing Interest Rate
Take advantage of competitive interest rates, which simplify and lower the repayment cost for later.
Collateral Free
The absence of collateral makes applying for two-wheeler finance in Rajam even easier.
Flexible Repayment Tenure
Choose a repayment period (6 to 60 months) that works for your budget.
Instant Approval
Get loan approvals quickly so you can start riding your new bike sooner.
Eligibility Criteria for Two Wheeler Loan in Rajam
Understanding the eligibility criteria is crucial for a smooth application process for a bike loan in Rajam.
Age
A minimum of 18 years old is required of applicants.
Citizenship
The loan can only be applied by Indian citizens.
Work Experience
1 year worth of work experience is a minimal requirement.
Monthly Salary
Applicants should have a minimum monthly salary of Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Rajam
To buy a bike on loan in Rajam you will need to submit documents. These typically consist of;
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 Rajam
Hero FinCorp offers two-wheeler finance in Rajam with interest rates of up to 36%. Renowned for their customer approach, Hero FinCorp delivers convenient financing choices designed to cater to the varied requirements of borrowers. With a presence in the industry, Hero FinCorp ensures approval processes and competitive interest rates, simplifying the process for candidates to own their desired two-wheeler.
How To Apply For a Two Wheeler Loan in Rajam?
Applying for a two-wheeler loan in Rajam is a simple process:
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
Yes, students can qualify with a co-applicant. Since they do not have the required income requirements and some may not be eligible due to age.
Not necessarily, but it may improve your loan approval chances for better terms and conditions.
You can check the status online using the website, download the Hero FinCorp app or contact us directly.
No, personal loans for vehicles do not usually offer tax benefits.
Yes, joint applications are allowed and may enhance your loan eligibility.