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            • Home
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            • Two Wheeler Loan
            • Two Wheeler Loan In Proddatur

            Two Wheeler Loan In Proddatur

            • Loan up to Rs 3.5 Lakh
            • Longer Tenure
            • No Hidden Charges
            • Flexible Repayment
            Apply Now
            • Overview
            • EMI Calculator
            • Eligibility
            • Documents Required
            • Interest Rate & Charges

            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 Proddatur Upto 3.5 Lakh

            Proddatur, a city in Andhra Pradesh, is well known for its thriving agricultural and textile sectors. The city boasts temples, including the iconic Sri Ranganathaswamy Temple. It is also home to the Annamayya Project, an endeavour for irrigation and hydroelectric power.

            The city's agriculture industry contributes to the economy, while the textile sector offers employment opportunities to many residents. The Sri Ranganathaswamy Temple draws devotees and tourists from places serving as a cultural and religious hub. The Annamayya Project contributes greatly to water management and power generation in the area, underscoring Proddatur's importance. Proddatur's rich cultural heritage and flourishing industries reflect the prosperity and progress of Andhra Pradesh.

            Features And Benefits of Two Wheeler Loan in Proddatur

            Hero FinCorp provides benefits with a bike loan in Proddatur, making it an appealing choice for bike purchasers. Here are the features and advantages of the Hero FinCorp Two-Wheeler Loan in Proddatur.

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            Generous Loan Amount

            Secure a loan of up to Rs. 3.5 Lakhs to fund your desired bike.

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            Competitive Interest Rate

            Benefit from interest rates starting at 14%.

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            No Collateral Required

            You won't need to offer any collateral or security for the loan.

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            Flexible Repayment Options

            Select a repayment period that aligns with your plan, ranging from 6 to 60 months.

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            Quick Approval Process

            Obtain approval for your loan with paperwork.

            Eligibility Criteria for Two Wheeler Loan in Proddatur

            To qualify for a Two-Wheeler Loan in Proddatur, individuals must meet the following criteria:

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            Age Range

            Between 18 and 65 years old.

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            Citizenship Requirement

            Must be an Indian citizen.

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            Work Experience

            Salaried individuals need 1 year of work experience.

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            Minimum Monthly Income

            A minimum monthly salary of Rs 10,000 is required.

            Check Your Loan Eligibility

            Documents Required to Apply for a Two Wheeler Loan in Proddatur

            To apply for bike finance in Proddatur, you will need to provide the following documents:

            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

            identity_proof.png
            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 Proddatur

            Regarding Two-Wheeler Loans in Proddatur, Hero FinCorp offers low Two-Wheeler Loan interest rates in Proddatur per annum. Remember that the interest rate can vary depending on factors like credit score, income level and loan amount. This flexibility ensures borrowers receive interest rates tailored to their situations, making two-wheeler ownership more accessible to a wider customer base in Proddatur. Whether you are buying a used scooter or a motorcycle, Hero FinCorp strives to provide financing options that align with your needs and financial circumstances. With its focus on customer solutions, Hero FinCorp remains a choice for individuals seeking a bike on loan in Proddatur.

            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 Proddatur?

            Here's how you can go about applying for a Two-Wheeler Loan in Proddatur:

            Here’s how you can apply online:

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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.

            Apply Now

            Frequently Asked Questions

            You can repay your loan with a foreclosure fee.

            The loan amount is calculated based on bike price, income and credit history.

            Not having a guarantor is not obligatory for securing a Two-Wheeler Loan.
            Certainly, self-employed individuals are eligible to apply for a Two-Wheeler Loan.
            Hero FinCorp provides financing options for both brand-new and second-hand motorcycles.
            Two Wheeler Loan Key Pages
            • Two Wheeler Loan Overview
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