Loan Amount
Get financing up to Rs 3.5 lakhs to purchase your ideal two-wheeler with flexible support.
Two Wheeler Loan In Rajahmundry
- 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 Rajahmundry Upto 3.5 Lakh
Rajahmundry, also known as Rajamahendravaram, is a city located in Andhra Pradesh. It is famous for its Godavari River, the Godavari Bridge and lush green landscapes. Known for its heritage and vibrant festivals celebrating its diverse traditions Rajahmundry is considered a cultural hotspot. The city's strong agricultural roots and growing industrial sectors make it an attractive place for investment and development. With surroundings and a blend of cultural and economic opportunities, Rajahmundry offers a diverse destination with great potential for growth and success.
Features And Benefits of Two Wheeler Loan in Rajahmundry
Hero FinCorp offers competitive two-wheeler loans in Rajahmundry with minimal paperwork and quick approval. It also offers other benefits and features like:
Competitive Interest Rate
Enjoy competitive interest rates for affordable repayments and a lighter financial burden.
No Collateral Requirement
Get a two-wheeler loan without collateral, ensuring easy and convenient financing access.
Customisable Repayment Period
Choose a repayment term that suits your finances, offering flexibility for effective management.
Effortless Approval Process
Enjoy a fast and seamless loan approval process with instant access to needed funds.
Eligibility Criteria for Two Wheeler Loan in Rajahmundry
To qualify for bike finance in Rajahmundry, meet the following criteria.
Age
A minimum of 18 years old is required of applicants.
Citizenship
The loan can only be applied by Indian citizens.
Work Experience
1 year worth of work experience is a minimal requirement.
Monthly Salary
Applicants should have a minimum monthly salary of Rs 10,000.
Documents Required to Apply for a Two Wheeler Loan in Rajahmundry
To apply for a bike loan in Rajahmundry, you need the following documents:
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 Rajahmundry
The interest rates for two-wheeler loans in Rajahmundry are designed to be competitive, ensuring that applicants have access to affordable financing options. With rates capped at a maximum of 36% per annum, prospective borrowers can benefit from attractive and cost-effective interest rates, contributing to the accessibility of two-wheeler loans for a broad spectrum of applicants. This emphasis on competitive interest rates reflects the commitment to providing financial solutions that align with the diverse needs of individuals seeking two-wheeler finance in Rajahmundry.
How To Apply For a Two Wheeler Loan in Rajahmundry?
Applying for a bike on loan in Rajahmundry is simple:
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
No, the loan is collateral-free so you cannot put your bike for collateral.
You can get a maximum loan of up to Rs 3.5 lakhs in Rajahmundry from Hero FinCorp.
Yes, pre-approval options are available if you are an existing customer with us.
Hero FinCorp offers competitive rates and quick approval for a two-wheeler loan.
Yes, the application can be completed online easily and in minutes using our official website.