February 06, 2023 11:49 (IST)
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Smart Tips to Avail Best Rates on Your Two-Wheeler Loan

When buses are always overcrowded and auto rickshaws deny you a ride, your daily commute can become a nightmare. Then, it's time to consider buying a new two-wheeler. Two-wheelers are not only convenient and fuel-efficient; they have now become much more affordable, thanks to easy access to two-wheeler loans.

Have these documents in hand before applying for a two-wheeler loan!

The growing demand for two-wheelers in the country has been met with equally significant growth in bike loan financing options. While buying a dream bike may be high on one’s priority list, one cannot hope to bypass already existing financial responsibilities with such a substantial one-time investment. This is where two-wheeler loans come in handy. With up to 100% financing options, they allow you to buy your dream bike and pay for the same in EMIs over a customised tenor without compromising on your existing financial responsibilities. To make the application process easier, lenders have instituted a minimum documentation policy, whereby you can avail of a two-wheeler loan by submitting just a few basic documents. Let’s take a look at this list of basic documents required for a bike loan.