High Loan Amount
You can get a Bike Loan of up to Rs 3.5 lakh in Visakhapatnam from Hero FinCorp.
Two Wheeler Loan In Visakhapatnam
- Loan up to Rs 3.5 Lakh
- Longer Tenure
- No Hidden Charges
- Flexible Repayment
Visakhapatnam, often called Vizag, is a coastal gem along India's Bay of Bengal. The stunning beaches, particularly Rushikonda and Rama Krishna Beach, are the major highlights of this place. This city is an industrial hub which hosts prominent sectors like shipbuilding, steel, and information technology. Vizag Steel Plant and its port are crucial to the nation's economy.
It also has some historical attractions like Kailasagiri and INS Kurusura Submarine Museum that teach us about Vizag's rich past. Wildlife lovers must visit the lush Kambalakonda Wildlife Sanctuary. Foodies can indulge in the delicious Andhra cuisine at local restaurants, known for its spicy flavours. The Simhachalam Temple and Jagadamba Junction are also iconic landmarks in this city. Visakhapatnam's mix of industry, culture, and coastal charm makes it a dynamic and inviting destination for visitors. So, when it comes to exploring the city or travelling for daily chores, a two-wheeler is an ideal transportation mode. If you are looking to buy a bike or scooter, get it financed through Hero FinCorp. We offer Two-wheeler Loans of up to Rs 3.5 lakh in Visakhapatnam at attractive interest rates.
The Two-wheeler Loan in Visakhapatnam has many benefits and features. Read on to know all it has to offer:
You can get a Bike Loan of up to Rs 3.5 lakh in Visakhapatnam from Hero FinCorp.
Our competitive interest rates on Bike Loans in Visakhapatnam make EMIs affordable, easing other expenses.
In Visakhapatnam, get a collateral-free Two-wheeler Loan, simplifying the process to finance your dream bike.
You can choose a convenient repayment period of up to 60 months. This will make repaying your loan easier.
We offer quick approval for your Bike Loan in Visakhapatnam, so you can ride your new bike without delay.
To qualify for a Two-wheeler Loan in Visakhapatnam, 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.
For a Two-wheeler Loan in Visakhapatnam, you must be 18 years old.
To get a bike on loan in Visakhapatnam, you should be a citizen of India.
Salaried and self-employed individuals can apply, with at least one year of experience.
You must earn a minimum monthly income of Rs 10,000.
To apply for a Two-wheeler Loan in Visakhapatnam, you'll need the following documents along with a duly signed loan application form and passport-size coloured photograph:
Duly filled loan application form, Passport-size coloured photograph
Driving Licence, Aadhaar card, Passport, PAN Card, ID Card (issued by Central Government/State Government/PSUs)
Driving Licence, Aadhaar Card, Passport, Property or Municipal Tax Receipt, Ration Card, Utility Bill
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 offer letter from the current employer, Experience certificate from the previous employer
Birth Certificate, Passport, PAN Card, Driving Licence
(Not required for salaried employees)
(Not required for salaried employees)
Duly filled loan application form, Passport-size coloured photograph
Driving Licence, Aadhaar card, Passport, PAN Card
Driving Licence, Aadhaar Card, Passport, Ration Card, Utility Bill
(Not required for self-employed)
(Not required for self-employed)
Birth Certificate, Passport, PAN Card, Driving Licence
Maintenance Bill, Utility Bill
Rent Agreement, SSI or MSME Registration Certificate
The bike loan interest rate in Visakhapatnam can vary based on factors like your credit score and the lender. Our two wheeler loan interest rates start at 14% per annum. A higher credit score often secures a lower rate, making it essential to maintain good credit. We can offer customised rates to eligible applicants on our Two-wheeler Loans in Visakhapatnam.
Availing a Two-wheeler Loan in Visakhapatnam through Hero FinCorp is a straightforward process:
Visit the Two-Wheeler Loan section on the Hero FinCorp website.
Click the ‘Apply Now’ button.
Enter your details and select the ‘Hero MotoCorp Two-Wheeler dealership’ from where you want to buy the vehicle.
Select the checkbox to agree to our ‘terms and conditions’ and submit.
An interest calculator for a Two-wheeler Loan may be available on the selected lender’s website. At Hero FinCorp, you can calculate your EMIs using our Two-wheeler Loan EMI Calculator.
Availing a Two-wheeler Loan with a low credit score might end up with a higher rate of interest. Therefore, you are advised to improve your credit score.