High Loan Amount
Hero FinCorp lends you up to Rs 3.5 Lakhs. This helps you in buying your dream two-wheeler with ease.
Two Wheeler Loan In Ranga Reddy
- 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 Ranga Reddy Upto 3.5 Lakh
Having your own two-wheeler vehicle in Ranga Reddy will let you explore this beautiful Telangana district very easily. Named after the former deputy CM of Andhra Pradesh, K. V. Ranga Reddy, this place has a lot to offer.
A hub for religious people, it has temples like Chilkur Balaji Temple and Sanghi Temple. A quick drive from Ranga Reddy will take you to Mrugavani National Park, and if you are looking for some adventure, there is Ocean Park and Mount Opera.
There is also a Statue of Equality in Ranga Reddy which is also becoming a popular destination. As a local, exploring this beautiful district will be much easier on a two-wheeler.
But as a visitor, a two-wheeler will help you navigate your journey better. Getting a bike, scooter, scooter loan in Ranga Reddy is now easier, courtesy of Hero FinCorp.
Features And Benefits of Two Wheeler Loan in Ranga Reddy
Hero FinCorp's two-wheeler loan in Ranga Reddy is flexible, has low interest rates, and ensures fast funding.
Attractive Interest Rate
Two-wheeler loan interest rates in Ranga Reddy range from 14% to 36%, keeping payments manageable.
Collateral Free
The two wheeler loan from Hero FinCorp is collateral-free, meaning no security is required.
Flexible Repayment Tenure
Choose a flexible repayment term up to 60 months, with no strict repayment requirements.
Instant Approval
Your loan for the two-wheeler will get approved very fast in Ranga Reddy.
Eligibility Criteria for Two Wheeler Loan in Ranga Reddy
Here we discuss the eligibility criteria for a two-wheeler loan in Ranga Reddy:
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 Ranga Reddy
To apply for a bike loan in Ranga Reddy, 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 Ranga Reddy
If you want to get a loan to buy a new two-wheeler in Ranga reddy, Hero FinCorp should be your top choice. It provides loans starting at a 14% interest rate, which is reasonable and can fit into your finances effectively.
How To Apply For a Two Wheeler Loan in Ranga Reddy?
Applying for a bike on loan in Ranga Reddy 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
Hero FinCorp typically does not charge foreclosure fees for two-wheeler loans in Ranga Reddy.
No collateral or security is required for a Hero FinCorp two-wheeler loan in Ranga Reddy.
Yes, you can finance any two-wheeler available in the market through Hero FinCorp in Ranga Reddy.
Popular models in Ranga Reddy include Hero Splendor, Hero HF Deluxe, Hero Passion Pro, and Hero Glamour.
Hero FinCorp offers loans for both new and used two-wheelers in Ranga Reddy.