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Get A Two Wheeler Loan In Sattenapelli Upto 3.5 Lakh

Sattenapalli, a charming town in Andhra Pradesh, is a great escape from the hustle and bustle of city life. It offers scenic landscapes and cultural heritage for you to enjoy. A few notable attractions include the ancient temples, such as the Sri Chennakesava Swamy Temple. The serene Pulichintala Reservoir nearby is ideal for picnics and boating, attracting both locals and tourists. Now, imagine enjoying these beautiful sites on your two-wheeler. It makes it better, right?

Are you thinking to buy a motorbike or scooter? Hero FinCorp can help you finance it with a Two-Wheeler Loan in Sattenapelli. You can get up to Rs 3.5 Lakh at an attractive interest rate. Apply online to get quick approval and fast disbursal.

Features And Benefits of Two Wheeler Loan in Sattenapelli

What makes borrowing a Two-Wheeler Loan from Hero FinCorp in Sattenapelli better? Well, you get flexible loan tenure, attractive interest rate, and hassle-free approval. Check out some other benefits:

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High Loan Amount

You can get up to Rs 3.5 lakh to buy your favourite scooter or bike in Sattenapelli.

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Attractive Interest Rate

Our Two-Wheeler Loan interest rate in Sattenapelli starts at 14% per annum.

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Collateral Free

Our Two-Wheeler Loans are collateral-free. This means you do not need to provide any security for the sanctioned loan.

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Flexible Repayment Tenure

You can opt to repay your Two-Wheeler Loan over tenures of up to 5 years.

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Instant Approval

If you meet our eligibility criteria, you can get an instant approval for your bike finance in Sattenapelli.

Eligibility Criteria for Two Wheeler Loan in Sattenapelli

The two wheeler loan eligibility criteria for getting an instant Two-Wheeler Loan in Sattenapelli are as follows:

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Age Range

Between 18 and 65 years old.

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Citizenship Requirement

Must be an Indian citizen.

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Work Experience

Salaried individuals need 1 year of work experience.

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Monthly Salary

A minimum monthly salary of Rs 10,000 is required.

Documents Required to Apply for a Two Wheeler Loan in Sattenapelli

To apply for bike finance in Sattenapelli, you will need to provide the following documents for 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 Sattenapelli

Interest rates are crucial in determining your loan's cost. You can secure the best Two Wheeler Loan interest rate based on your credit score, income, and other eligibility criteria. At Hero FinCorp, the Bike Loan interest rate in Sattenapelli starts at 14% per annum.

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 Sattenapelli?

At Hero FinCorp, you can apply for a Two-Wheeler Loan in Sattenapelli online. Here are the steps to apply:

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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

Yes, you can apply for a Two-Wheeler Loan with joint ownership in Sattenapalli.
At Hero FinCorp, the prepayment charges are 5% on the principal outstanding, plus interest up to 6 months for foreclosures within 6 months from the disbursement date.
At Hero FinCorp, Two-Wheeler Loans in Sattenapalli are available for Hero MotoCorp bikes and scooters only.
You can get a Two-Wheeler Loan in Sattenapalli for a commercial vehicle. Check with Hero FinCorp customer care for details.
The processing fee for a Two-Wheeler Loan in Sattenapalli is up to 5% of the loan amount.