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Get A Two Wheeler Loan In Cuddapah Upto 3.5 Lakh

Cuddapah, nestled in Andhra Pradesh, blends historical significance with scenic beauty and industrial development. Explore ancient forts and temples or admire the natural beauty of the Penna River flowing through the city. Cuddapah is a major centre for the cement industry and mica production. Thriving agriculture and handloom weaving contribute to the city's economic landscape. This unique city offers a glimpse into Andhra Pradesh's rich heritage.

Hero FinCorp stands out as a leading provider, offering accessible two-wheeler loans in Cuddapah designed to enhance mobility for residents. Our loans support daily commuting needs and contribute to the local economy's growth. Fulfil your bike aspirations effortlessly with our quick and convenient two-wheeler loan services in Cuddapah.

Features And Benefits of Two Wheeler Loan in Cuddapah

If you are in Cuddapah, you can easily get a two-wheeler loan from Hero FinCorp. Here are the key features of our loans:

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High Loan Amount

At Hero FinCorp, our loans range from ₹10,000 to ₹3,50,000. These large amounts help you buy your dream bike.

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Attractive Interest Rate

Get affordable interest rates and lower your loan costs with our competitive rates of up to 36% per annum.

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Collateral Free

Our loans do not need any collateral or guarantor to secure a two-wheeler.

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Flexible Repayment Tenure

Choose from a range of flexible repayment options, ranging from 12 to 60 months.

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Instant Approval

Enjoy instant approvals in just 15 minutes and get a loan of up to Rs 3 lakh instantly. This way, you can buy your bike as early as possible.

Eligibility Criteria for Two Wheeler Loan in Cuddapah

Consider the possibility of obtaining a two-wheeler loan to ride around Cuddapah and check the eligibility criteria.

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Age

You need to be in the age bracket of 21 to 58 years

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Citizenship

You must be an Indian resident.

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Work Experience

Showcase proof of regular employment.

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Monthly Salary

You need to earn a minimum monthly income of Rs 15,000.

Documents Required to Apply for a Two Wheeler Loan in Cuddapah

The following paperwork is required if you are a salaried person or self-employed person wanting to apply for a Hero FinCorp bike loan in Cuddapah:

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 Cuddapah

At Hero FinCorp, we understand the importance of affordable financing. Our competitive interest rates on two-wheeler loans in Cuddapah ensure that you can purchase your dream bike without depleting your savings. We strive to offer flexible repayment options and transparent terms, empowering you to make a financially sound decision while enjoying the freedom of mobility.

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 Cuddapah?

To apply for a two-wheeler loan in Cuddapah, you can either visit our branch near you or apply online on our website.

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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, there is a 2% penalty fee applied to your next EMI payment when you miss your last payments.
Yes, you can log in with your credentials and check the status online using our official website or download the Hero FinCorp mobile app.
The rate of interest for Hero FinCorp's two-wheeler loan is fixed.
Yes, you may opt for a longer tenure of up to five years for a two-wheeler loan.
If such a case arises, you can always contact us and check the reason for rejection.