High Loan Amount
Avail a ₹3.5 lakh loan for flexible bike choices, covering insurance and registration costs.
Two Wheeler Loan In Adoni
- Loan up to Rs 3.5 Lakh
- Longer Tenure
- No Hidden Charges
- Flexible Repayment
Calculate Your Two Wheeler Loan EMI
Get A Two Wheeler Loan In Adoni Upto 3.5 Lakh
Adoni, a historic city in Andhra Pradesh, blends tradition with modernity. Known for its forts, temples, and mosques, it is also a major trade hub. The city thrives on cotton production, textile industries, and groundnut oil processing.
With its bustling streets, bikes have become a preferred mode of transport, increasing the demand for two-wheeler loans. Interest rates start as low as 14% per annum, with no extra fees. Loan amounts range from ₹10,000 to ₹3.5 lakh, with flexible repayment options. The online application process ensures quick approval, making it easier than ever to own your dream two-wheeler and explore Adoni with pride.
Features And Benefits of Two Wheeler Loan in Adoni
It is convenient to finance a bike loan in Adoni. From competitive interest rates to availability, Hero FinCorp offers great benefits for all its users.
Attractive Interest Rate
Hero FinCorp offers bike loans in Adoni at competitive rates starting from 14% per annum.
Collateral Free
Hero FinCorp offers collateral-free two-wheeler loans, ensuring accessibility without asset risk.
Flexible Repayment Tenure
Hero FinCorp offers a flexible loan tenure of up to 60 months, allowing convenient repayment based on income.
Instant Approval
Hero FinCorp offers quick two-wheeler loans in Adoni, approved within 15 minutes with minimal documentation.
Eligibility Criteria for Two Wheeler Loan in Adoni
Hero FinCorp has specific two wheeler loan eligibility criteria, such as minimum age, income level, citizenship, and so on, that must be met to qualify for two-wheeler financing in Adoni. Here is a brief explanation of all these requirements:
Age Range
Between 18 and 65 years old.
Citizenship Requirement
Only Indian Citizens are eligible to apply.
Work Experience
Salaried individuals need 1 year of work experience.
Minimum Monthly Income
An individual’s monthly income must be Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Adoni
Whether you are a salaried individual or self-employed, having the right paperwork ensures a smooth loan approval process. Below are the documents required for two-wheeler loan from Hero FinCorp:
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 Adoni
At Hero FinCorp, the affordable two-wheeler loans allow you to buy your dream bike without draining your savings. Their bike loan interest rates in Adoni start at 14% per annum. With such competitive rates, anyone can apply for a wheeler loan in the beautiful city of Adoni.
How To Apply For a Two Wheeler Loan in Adoni?
To apply for a two-wheeler loan in Adoni, you can follow any of the two methods provided below:
- 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
One must provide proof of identity, residence, income, age, office and business, and job continuity.
The interest rate of two-wheeler loans in Adoni starts at 14%. With a competitive and attractive interest rate, you can own your desired two-wheeler.
You can prepay Personal Loans by fulfilling your needs and paying a few EMIs; however, there may be foreclosure or prepayment costs.
The Motor Vehicles Act 1988 regulates the country's traffic laws. It requires all motorcycles in India to have third-party insurance coverage.