Two Wheeler Loan for Suzuki Access 125
The Suzuki Access 125 is a scooter manufactured by Suzuki Motorcycles India limited. The company was introduced on 18th September 2017. The company is a subsidiary of the Japanese company name Suzuki. If you want to apply for Suzuki Access 125 you can apply on www.bookmyloans.in .
- On road price of the scooter- Rs. 55,370 to Rs.65, 761. There can be little variations in the price.
- The weight of the bike is 112 Kg.
- The engine of the scooter is 124 cc.
Two Wheeler Loan
Two wheeler loans is the highest purchased product in the banks nowadays, but before discussing the two wheeler loan let us know about the two wheeler loan. A two wheeler loan is a financial product given to the customer to buy a two wheeler. You may say that a two wheeler is a financial aid that a bank gives to the customer especially to buy a two wheeler. Two wheeler loans is available easily now a days online to everyone.
Features of Two Wheeler Loan
- Two wheeler loan is easily accessible.
- After that two wheeler loan is available everywhere.
- Two wheeler loan comes under secured loans.
- Besides that, there is no collateral is needed in a two wheeler loan.
- There is no need of any guarantor in case of a two wheeler loan.
- Furthermore, if you are meeting all the requirements of the two wheeler loan then there is no need for any co-applicant.
- The rates of interest are very low.
- The requirement of the salary is also very low.
- The two wheeler loan is approved very easily.
- The documentation process is also very easy in a two wheeler loan.
- The age of the applicant should be 21 years minimum.
- After that he/she should be earning.
- The age of the applicant should be less than 65 years.
Rates of Interest
The rates of interest start from 11.50% and can vary from time to time. Basically rate of interest based on various factors like the income of the applicant, amount of loan required to the applicant and the tenure of the loan.
- Very basic documents are required to get a two wheeler loan.
- First of all two passport sized colored photographs are required to get a two wheeler loan.
- After that one proof of identity is required to apply for a two wheeler loan.
- Furthermore, one residence proof is also required to apply for a two wheeler loan.
- One proof of income is also mandatory to put checks on the income of the applicant.
How to Apply?
- You can apply for a two wheeler loan online on www.magicloans.in .
- Fill a simple application form, you will get a call back afterward and get all the assistance.