Apply for loan on HIPL app available on Google PlayStore and App Store - Download Now

Calculate Your Two Wheeler Loan EMI

Calculate your EMI and choose the most suitable EMI for you

₹ 0
₹ 0
₹ 0

Get A Two Wheeler Loan In Dharmavaram Upto 3.5 Lakh

Dharmavaram, a town steeped in history in Andhra Pradesh, is famed for its exquisite silk sarees adorned with intricate designs and vibrant colours. This traditional craft is the lifeblood of Dharmavaram, employing skilled artisans who carefully weave these sarees on handlooms. Agriculture is another mainstream occupation, with paddy cultivation playing a significant role. Dharmavaram's charm lies in its unique blend of cultural heritage and economic activity, making it an attractive destination.

Being one of the most beautiful areas to visit in India, the place attracts multiple tourists throughout the year. The attraction of tourists, along with the regular footfall on the road, makes commuting challenging, especially for day-to-day activities. Purchasing a two-wheeler in such a case can be your way to get out of daily traffic and attain a hassle-free experience!

For all those looking to purchase a two-wheeler, Hero FinCorp has an amazing way to manage your finances even after purchasing a bulky commodity! We offer tailored solutions with our two-wheeler loan facility that comes with competitive interest rates, easy repayment capacity and manageable EMI options for a burdenless purchase!

Hero FinCorp stands out for its commitment to making two-wheeler loans in Dharmavaram accessible and convenient, empowering you to achieve your financial goals with peace of mind.

Features And Benefits of Two Wheeler Loan in Dharmavaram

You can easily avail of a two-wheeler loan in Dharmavaram from Hero FinCorp and get your dream bike with ease. Here are the key features and benefits:

high-loan-amount.png

High Loan Amount

Apply for the funds you need to purchase the bike of your choice. We offer loans ranging from Rs 10,000 to Rs 3,50,000 for two-wheelers.

applicable-rate-of-interest (1).png

Attractive Interest Rate

Get attractive interest rates and lower your monthly EMIs. Take advantage of our competitive rates on two-wheeler loans.

Collateral.png

Collateral Free

At Hero FinCorp, there is no need to pledge assets to secure a two-wheeler loan.

flexible.png

Flexible Repayment Tenure

Choose from a range of repayment plans that are comfortable for your long-term finances.

instant-app.png

Instant Approval

We offer instant loan approvals so that you can get the funds you need on time.

Eligibility Criteria for Two Wheeler Loan in Dharmavaram

Consider the following eligibility criteria for obtaining bike finance in Dharmavaram from Hero FinCorp:

age.png

Age

Meet the age bracket of 21 years and 58 years.

citizenship.png

Citizenship

You must be an Indian resident.

work-experience.png

Work Experience

Submit proof of regular and stable employment.

monthly-income.png

Monthly Salary

Showcase a minimum monthly income of Rs. 15,000.

Documents Required to Apply for a Two Wheeler Loan in Dharmavaram

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

Documents Required for Salaried Employee

mand-doc.png

Loan Application

Duly filled loan application form, Passport-size coloured photograph

identity_proof.png

Identity Proof

Driving Licence, Aadhaar card, Passport, PAN Card, ID Card (issued by Central Government/State Government/PSUs)

addr.png

Residence Proof

Driving Licence, Aadhaar Card, Passport, Property or Municipal Tax Receipt, Ration Card, Utility Bill

income.png

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

ownership.png

Job Continuity Proof

Job offer letter from the current employer, Experience certificate from the previous employer

age.png

Age Proof

Birth Certificate, Passport, PAN Card, Driving Licence

office-address-proof.png

Office Address Proof

(Not required for salaried employees)

mandatory_documents.png

Property Documents

(Not required for salaried employees)

Documents required for Self Employed

mand-doc.png

Loan Application

Duly filled loan application form, Passport-size coloured photograph

identity_proof.png

Identity Proof

Driving Licence, Aadhaar card, Passport, PAN Card

Residence Proof

Driving Licence, Aadhaar Card, Passport, Ration Card, Utility Bill

income.png

Income Proof

(Not required for self-employed)

ownership.png

Job Continuity Proof

(Not required for self-employed)

age.png

Age Proof

Birth Certificate, Passport, PAN Card, Driving Licence

office-address-proof.png

Office Address Proof

Maintenance Bill, Utility Bill

mandatory_documents.png

Property Documents

Rent Agreement, SSI or MSME Registration Certificate

Interest Rates and Charges for Two Wheeler Loan in Dharmavaram

At Hero FinCorp, we understand that a two-wheeler signifies more than just transportation; it embodies the freedom of mobility. Our affordable bike loan interest rate in Dharmavaram enables you to purchase your desired bike without depleting your savings.

We offer competitive interest rates of up to 36% with easy loan terms, ensuring a hassle-free borrowing experience. With Hero FinCorp, you can easily finance your dream bike and enjoy the convenience of flexible repayment options tailored to your needs.

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 Dharmavaram?

You can apply for two wheeler finance in Dharmavaram, both offline and online. To apply offline, please visit your nearest Hero FinCorp branch.

Here’s how you can apply online:

hfc_app.png

  • 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, you may be able to get a loan if you have a good source of income or a co-borrower with a good credit score.
The loan is disbursed directly to your linked bank account once you have been verified with correct paperwork and eligibility conditions.
Yes, you can check our eligibility criteria and see if your age falls under our age bracket, which is 58 years.
Yes, there is an option to part-pay your two-wheeler loan. Check the charges before choosing this option.
Yes, you can apply for it even if you are a first-time buyer. We offer easy eligibility for first-time buyers.