Calculate Your Two Wheeler Loan EMI

Calculate your EMI and choose the most suitable EMI for you

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Get A Two Wheeler Loan In Chirala Upto 3.5 Lakh

Chirala is a charming coastal town in Andhra Pradesh. The city offers a captivating blend of serene nature and modern industries. It is located alongside the Bay of Bengal, Chirala, renowned for its pristine beaches, like Ramaparuram and Vodarevu, which are ideal for unwinding escapes. The town boasts a rich history, with temples like the Sri Veera Raghava Swamy Temple showcasing Dravidian architecture. Chirala's thriving textile industry, famous for handloom cotton sarees and other woven products, keeps the town buzzing.

If you want to explore this beautiful place on your own or are looking for a bike for your daily commute, getting a Two-Wheeler Loan can be helpful. Hero FinCorp offers Two-Wheeler Loans in Chirala that help you get the bike you need without exhausting your savings. Also, you can use our EMI calculator for better budgeting and repayment strategy.

Features And Benefits of Two Wheeler Loan in Chirala

Get the Two-Wheeler of your dreams! Hero FinCorp provides instant Bike Loan Chirala with appealing loan options:

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High Loan Amount

Get the money you need to buy the bike of your choice. Choose from a large range, from Rs 10,000 to Rs 3,50,000.

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Attractive Interest Rate

Lower your loan costs and use our competitive rates, starting from 14%.

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Collateral Free

There is no need to pledge assets to secure a Two-Wheeler Loan from us.

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Flexible Repayment Tenure

Select from a range of flexible repayment tenures of 6 to 60 months per your financial budget.

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Instant Approval

Receive a prompt approval in 15 minutes to your loan application so you can buy a bike early.

Eligibility Criteria for Two Wheeler Loan in Chirala

Let's check the two-wheeler loan eligibility criteria to see if you qualify for bike finance in Chirala.

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Age

Meet the minimum age requirement of 18 years.

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Citizenship

You must be an Indian resident.

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Work Experience

Salaried and self-employed individuals can apply, with at least one year of experience.

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Monthly Salary

You must earn a minimum monthly income of Rs. 10,000.

Documents Required to Apply for a Two Wheeler Loan in Chirala

The following bike finance documents are required if you are a salaried and self-employed person wanting to apply for a Two-Wheeler Loan in Chirala from Hero FinCorp:

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 Chirala

In Chirala, owning a Two-Wheeler signifies true freedom of movement. Hero FinCorp offers affordable Two-Wheeler Loans, allowing you to purchase your dream bike without using up your savings. With our competitive Two-Wheeler Loan interest rates in Chirala, you can enjoy the convenience of a new bike without financial stress.

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 Chirala?

Securing a bike on loan in Chirala is a straightforward process with Hero FinCorp. Here's how you can get started:

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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

No, you can’t apply for a Two-Wheeler Loan as a student. You need a stable income, and the age limit is 18.
Yes, you can only apply for a commercial Two-Wheeler Loan in Chirala.
Yes, you can change the EMI due date by contacting us.
Only one type of Two-Wheeler Loan is available at Hero FinCorp for personal use only.
You can’t transfer your Two-Wheeler Loan to someone else as you are the primary borrower and liable to pay it off until the end of the tenure.