HDFC Bank Two Wheeler Loan

Whichever the bike, HDFC Bank Two Wheeler loan is the answer. With quick approvals, flexible payment options and easy repayment – HDFC Bank will help you buy the bike you desire.

HDFC Bank Two Wheeler Loan Features & Benefits:

• Flexible repayment options, ranging from 12 to 48 months available even at the point of purchase.
• Repay through post-dated cheques with easy EMIs. 
• Hassle free loans – No guarantor required.
• Speedy loan approval.
• Available for almost all models at attractive interest rates.
• Free gifts from time to time on approval of your Two Wheeler Loan. 

HDFC Bank Two Wheeler Loan Eligibility Criteria: 

The eligibility criteria for a Two Wheeler Loan are -

• You are a salaried or self-employed individual.
• You are between =>21 years (at the time of application) and <= 65 years (at the end of the loan tenor).
• Your minimum gross income is equivalent to Rs. 54,000/- p.a. if you reside in Mumbai, Delhi, Chennai, Bangalore, Calcutta, Pune and Rs. 42,000/- p.a. for all other cities.
• You have been residing for atleast 1 year in the city.
• Atleast 1 year at the given residence address ( In case of transfer from other location with less than 1 year at current location – please provide relevant documents to the bank during loan approval stage).
• You have been working for atleast 1 year.
• You have a phone at your residence or office.

Documentation Required: 

Applying for a Two Wheeler Loan is absolutely simple. All you need is -

1) Proof Of Identity: Any one of Passport Copy/ Photo Credit card- front & reverse/ Voters ID card/ Driving Licence/ PAN card/ Copy of Company ID card of MNC/ Public Ltd./ PSU/ Govt. company/ Ration Card (If Photo is given).

2) Address Proof:  Any one of Passport Copy/ Voters ID card/ Driving Licence/ Rental agreement/ Telephone Bill/ Electricity bill/ Gas Connection Bills/ Ration Card/ Sale deed/ Property purchase agreement/ Credit Card billing statement (latest)/ LIC policy/ Letter from Company or Company provided Accommodation (List of the company’s as per the Banks List- ID card of MNC/ Public Ltd.,/ PSU/ Govt. Company Containing the residence address), Address proof in the name of the applicant’s Spouse or parents name is acceptable.

3) Income Proof For Salaried: Latest Salary slip for Govt. employees; If Salary slip is not available, Only salary certificate to be accepted with deductions, For Partnership/ Proprietary firms & Pvt. Ltd. Co’s- Salary Certificate to be accepted with the following mitigants: Salary Certificate to clearly state the deductions, Name & Designation of the authorized signatory. For Self-Employed – Copy of the latest I. T. return.