Kotak Mahindra Bank Two Wheeler Loan

Kotak Mahindra Bank Two Wheeler Loan

Kotak Mahindra Bank is an Indian bank. It is a private sector bank. the bank was founded in February 2013. Besides that, the bank’s headquarter is in Mumbai. The major products of the bank are credit cards, internet banking, insurance, wealth management and investment banking. The bank provides gold loan, education loan, home loan, car loan and two wheeler loan.

What is a two wheeler Loan?

In a two wheeler loan, we borrow money from the banks and non-banking financial companies at some rates of interest. The two wheeler loan is available in each and every corner of the country. Furthermore, a two wheeler loan is easy to apply too.

Eligibility

The age of the applicant should be more than 18 years.

After then the maximum age of the applicant should be 65 years.

The applicant should have some rigid source of income.

A salaried person should be earning at least Rs. 7000 per month.

Furthermore, a self-employed person should have a monthly income of at least Rs. 6000 per month.

Features of Two wheeler Loan

It is available easily online.

You can buy any two wheeler with the help of a two wheeler loan.

The loan is quickly approved and easily disbursed.

The rates of interest are extremely low.

You can pay your loan amounts in EMI’s.

Very less documentation process.

The process of application is hassle-free.

You can return the loan within1 to 3 years.

You can get two wheeler loan all over India.

There would be no check on your CIBIL score.

Documents

Two passports sized photographs. (photo should be colored and the applicant should not be wearing glasses)

One Identity Proof. You can have any of them.( Aadhar Card/PAN card/Voter ID card/driving license/passport)

Besides that one residence proof is also required. ( Aadhar Card/PAN card/Voter ID card/driving license/passport/ration card/utility bills of last three months or rental agreement if you don’t live in your own home) any one of them will be considered.

Tenure

You can return the loan in 1 year to three years.

Amount of Loan

The minimum amount of loan can be Rs. 20000.

And the maximum amount of loan can be  Rs. 1,50000.

How can you Apply?

You can apply online on the website of Dialabank.

Visit www.dialabank.com on google.

After that fill the application form online.

Enter your name and contact number carefully.

Along with your contact number enter other information too.

Your contact number is required so that we can call you back to give the information.

You will get all the guidance from the experts.

This process of giving information will be free. You won’t be charged a rupee for this.

You will get complete help until you get a two wheeler loan.

Dialabank is a reliable platform to apply for a two wheeler loan, though it is India’s first financial helpline.

Who is not eligible?

An applicant whose age is less than 18 years can’t apply for a two wheeler loan.

An unemployed person can also not apply for a two wheeler loan.