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 Siliguri Upto 3.5 Lakh

Siliguri blends natural beauty with an urban vibe, making it a beautiful place to visit. It is situated on the banks of Mahananda River and Teesta River. Adjacent to Siliguri lies some of the popular destinations like Darjeeling and Sikkim. It is a trade hub renowned for its tea gardens and timber industry. It's often called the "Gateway to the Northeast" due to its strategic location connecting various northeastern states. You must visit Jaldapara National Park, which is the prime attraction of this place.

Nature enthusiasts can visit Mahananda Wildlife Sanctuary, which houses diverse flora and fauna. Landmarks like the Kali Mandir and ISKCON Temple complement the city's scenic beauty. Siliguri also has markets like Hong Kong Market and Cosmos Mall, a shopper's paradise.

If you want to purchase a two-wheeler, Hero FinCorp's Two-wheeler Loan in Siliguri can provide up to Rs. 3.5 Lakhs at attractive interest rates, making it easier to turn your dream bike into a reality.

Features And Benefits of Two Wheeler Loan in Siliguri

Knowing the benefits and features of a Two-wheeler Loan brings you a step closer to it. Hero FinCorp’s Two-wheeler Loan in Siliguri has many features worth considering. Take a look:

high-loan-amount.png
High Loan Amount

Get a Bike Loan in Siliguri with Hero FinCorp, which provides funding of up to Rs 3,50,000.

applicable-rate-of-interest (1).png
Attractive Interest Rate

Our interest rates on Bike Loans in Siliguri are amongst the lowest, making your monthly EMIs affordable.

Collateral.png
Collateral Free

Get a Two-wheeler Loan in Siliguri without collateral. This makes the whole process hassle-free and convenient.

flexible.png
Flexible Repayment Tenure

Our Two-wheeler Loans in Siliguri come with flexible repayment tenures of up to 60 months.

instant-app.png
Instant Approval

At Hero FinCorp, you can get speedy approval for your Bike Loan in Siliguri.

Eligibility Criteria for Two Wheeler Loan in Siliguri

To qualify for a Two-wheeler Loan in Siliguri, you must meet certain criteria, such as age, income, and employment status. Meeting these conditions ensures a smoother and more straightforward loan application and approval process.

age.png
Age

To apply for a Two Wheeler Loan in Siliguri, you must be over 18 years.

citizenship.png
Citizenship

Get a bike on loan in Siliguri, you should be a citizen of India.

work-experience.png
Work Experience

Salaried and self-employed individuals can apply, with at least one year of experience.

monthly-income.png
Monthly Salary

You must earn a minimum monthly income of Rs 10,000.

Documents Required to Apply for a Two Wheeler Loan in Siliguri

To apply for a Two-Wheeler Loan in Siliguri, you'll need the following documents along with a duly signed loan application form and passport-size coloured photograph:

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 Siliguri

The Bike Loan interest rate in Siliguri can be affected by various factors, such as the lender’s criteria and your credit score. Our interest rates for Two-wheeler Loans start at 14% per annum. Maintaining a good credit score can often result in a lower rate. On top of that, Hero FinCorp offers fantastic deals to help you secure the best interest rate for your Two-wheeler Loan in Siliguri.

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 Siliguri?

Availing of a Two-wheeler Loan in Siliguri through Hero FinCorp is easy. Know how:

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

The maximum LTV ratio for a Two-wheeler Loan in Siliguri at Hero FinCorp can be as high as 95%.
Whether you can avail yourself of a loan for a commercial use two-wheeler or not depends on the lender's terms and conditions. So, check with your lender before applying.
Yes, you can check the Two-wheeler Loan interest rates online for Siliguri. At Hero FinCorp, two-wheeler loan interest rates start at 14%.
Yes, you can transfer your existing Bike Loan to another lender through loan refinancing or balance transfer.

You can apply for refinancing with these simple steps:

  • First, you need to find a lender that offers refinancing.
  • Then, proceed with the application and required documents.
  • After that, the lender will verify the submitted documents and approve the loan.
  • At last, the new lender will pay off your existing loan to the former lender.