High Loan Amount
Finance your dream bike or scooter with a loan amount up to Rs 3.5 Lakhs.
Two Wheeler Loan In Raichur
- 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 Raichur Upto 3.5 Lakh
Holding a vibrant history and a majestic centrepiece known as the Raichur Fort, Raichur is a beautiful city settled in Karnataka. One of the most appealing parts of residing in a place like this is that it offers a rich cultural heritage and imposes natural beauty everywhere around the place. The city is also known for its vibrant existence in the textile industry, which also contributes to the economics vibrancy of our nation. The city is also known for its landscape, highlighted by waterfalls like Jog Falls. Additionally landmarks such as the Malik Rihan Tomb underscore Raichurs importance, making it an enticing destination for those interested in heritage. With a blend of history, industry and nature, Raichur charms both visitors and residents alike, providing an experience that unveils Karnataka's rich cultural tapestry.
Features And Benefits of Two Wheeler Loan in Raichur
Fulfil your dream of owning a two-wheeler with a convenient Hero FinCorp two-wheeler loan in Raichur.
Attractive Interest Rate
Enjoy a competitive interest rate of up to 36% for a budget-friendly repayment plan.
Collateral Free
No need to pledge any assets as security for the loan.
Flexible Repayment Tenure
Choose a repayment tenure that aligns with your financial comfort, typically 6 to 60 months.
Instant Approval
Get a quick decision on your loan application, allowing you to ride away sooner.
Eligibility Criteria for Two-Wheeler Loan in Raichur
Qualifying for a bike loan in Raichur is a hassle-free process!
Age
Generally, applicants must be between 18 and 65 years old.
Citizenship
You must be an Indian resident..
Work Experience
Minimum of 1 year of work experience is required.
Monthly Salary
Applicants should have a minimum monthly salary of Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Raichur
The application process for bike finance in Raichur is streamlined. Here's what you will need:
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 Cuddapah
Interest rates for bike loan in Raichur may vary depending on factors like your credit score, the loan amount and whether you are eligible or not. The bike loan interest rate in Raichur can vary from 14% to 36%.
To be financially prepared for the situation, it is always recommended that you analyse your financial situation along with using a two-wheeler loan EMI calculator to make an informed decision about bike finance in Raichur.
How To Apply For a Two Wheeler Loan in Raichur?
Getting a bike on loan in Raichur is a simple process:
Here’s how you can apply online:
- 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! By visiting the Two Wheeler Application section on our website or App, you can check the status of your loan.
If you wish to inquire about our latest offer, we request you to speak to our customer care executive for latest updates.
To get the latest update on this statement, we recommend you speak to our customer care executives.
The minimum credit score requirement may vary depending on the lender, but generally, a score of 600 or above is considered favourable.
Yes, two-wheeler insurance is mandatory to obtain a loan for your vehicle