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INTRODUCTION

Looking for a two wheeler loan in Mumbai that is easy and swift? Contact us because we can offer you the best two-wheeler loan in Mumbai. We offer competitive interest rates and a process that is super quick. Take your pick from the many customizable loan options we offer, which will also make your repayments hassle-free. With different down payment options and flexible tenures available, you can repay your debt smoothly.

FEATURES AND BENEFITS

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Whether you are a salaried employee or a self-employed individual, you can apply for a two wheeler loan in Mumbai.

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The loan amount at Hero FinCorp ranges from INR 10,000 to INR 3,50,000.

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Get that bike you always dreamed of as we offer a maximum 95% loan to value (LTV) ratio.

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We not only offer competitive interest rates, but also flexible tenures of up to 60 months, for your convenience.

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Submit minimal documents to get bike finance in Mumbai and the entire process will be superfast too. We do not need a guarantor.

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You can make your EMI payments through cash, ECS, PDC or NACH.

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Once you submit all the necessary documents, your loan can get approved in 15 minutes or less.

THE HERO FINCORP ADVANTAGE:

  • If you are looking for a lender who provides the highest loan amount in Mumbai, we are your best choice. Reach out to us for more details.
  • We offer the best interest rates, so that repaying the loan is super easy.
  • You do not have to deal with complicated paperwork at Hero FinCorp. Your loan application will be processed with minimal documentation.
  • To help you pay your EMIs against a bike loan in Mumbai, we offer affordable interest rates and multiple tenure options.
  • To make your EMI payments comfortable, we offer multiple modes like NACH, PDC, ECS, cash, etc.
  • If you need a loan and are pressed for time, contact us immediately. We will make the entire process easy and stress-free.

What Our Clients Say About Us

A close friend of mine loved the services of Hero Fincorpand recommended them to me when I decided to buy a two wheeler. I think he did the right job, because I loved their services too.

Yogesh Kumar Mishra, Rajapuri, Mumbai, Maharashtra

My friend bought a two wheeler with a loan from Hero FinCorpand found their services to be excellent services. I felt the same way after trying out their services. In case I need another loan, this is where I will get one from.

Sanjay Singh, Odala, Mumbai, Maharashtra

I had my eye on a bike for a while and I finally bought it through a two wheeler from Hero FinCorp. They were great. My relatives were right to recommend me this brand.

Dinesh Kumar, Andheri, Mumbai, Maharashtra

HOW TO APPLY FOR TWO-WHEELER LOANS IN MUMBAI

  • 01

    You have fill up a form to apply for a bike loan in Mumbai. You can get this form from the Hero MotoCorp dealership closest to you or on our website – clicking here for the online form. Check if you are eligible for the loan and have all the documents ready.

  • 02

    If you are eligible, you can submit the filled-out application form along with a passport size photo, your KYC documents and your income proof at the dealership. We do not need a guarantor or collateral to help you secure a bike loan. Your spouse or a blood relative who is staying with you can be the co-applicant.

  • 03

    The next step is choosing from the multiple options we offer for a two wheeler loan in Mumbai, based on the model and price of your bike, your documents and your credit history. We also offer different down payment amounts and tenures.

  • 04

    Finally, you need to accept the terms and conditions offered to conclude the application process. Make sure you read them carefully before you sign.

Eligibility Criteria

We offer various options for a bike loan in Mumbai and you can begin the application process immediately if you fulfil all the eligibility criteria.

Here, at Hero FinCorp, you have to meet the following eligibility criteria:

  • You must be an Indian national and above 18 years of age.
  • As a salaried employee, you must have been in employment for a minimum of 1 year and should have been working with your present employer for not less than 6 months, OR
  • As a self-employed person, you must have been in your current business for not less than 1 year.

Documentation Required

  • The KYC documents necessary to get a two wheeler loan in Mumbai include photo identification and address proof.
  • Ensure you have your bank statements ready to show as proof of income, whether you are salaried or self-employed. If you are a salaried employee, you must provide.
  • You have to provide a passport-size photograph as well.

Frequently Asked Questions (FAQs)

EMI means Equated Monthly Instalments. Usually, a large amount of loan is difficult to pay off at once. EMI helps you make those payments in monthly instalments, over a period of time that has been previously agreed upon. This monthly amount is a total of two parts – the principal (loan amount) and the interest. You can visit our website to calculate this amount on our two wheeler EMI calculator.
At Hero FinCorp, we offer our customers the best interest rates for a two wheeler loan. This interest rate, of course, is determined by the total loan amount, the tenure of your repayments, your income as well as your credit score. If you choose a longer tenure, then your interest rate will be lower. We can further reduce your interest rate if you have a good credit score.
Of course! Just visit our website and enter your details like the loan amount, interest rate and tenure on the bike loan calculator in Mumbai. It will give you a monthly payable amount. If you are not happy with that amount, try different combinations on the calculator until an EMI amount appears that makes you happy.
From time to time, Hero FinCorp offers special schemes, with the aim of making your loan repayment process easier. Get in touch with us to get more details.
Yes, you can prepay your loan without incurring fines if the foreclosure terms in your loan agreement states the same. In case your aim is to be debt-free sooner, you can opt for a short tenure. The interest rate will be higher in this case though. Check out the two wheeler loan interest calculator in Mumbai on our website and find out what your EMI amount would be if you have a short tenure. You can change the interest rate or tenure on the calculator and try different variations to get an EMI amount that you are comfortable paying.