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Two Wheeler Loan

Home Loan

Shravani Fincorp

is a Finance Company that provides secured Two-Wheeler loans and bridge financing to small and medium-size corporates. We are the one-stop-shop for all types of lending solutions.

We manage the entire borrowing process for clients, starting by assisting our clients to choose the right product from the appropriate lending organization, till the time, the entire loan is disbursed.

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Two Wheeler Loan Eligibility Criteria

Securing a loan with shravani fincorp is simple, with minimal eligibility criteria, ensuring quick approval and prompt disbursal. The loan is evaluated on five key eligibility factors:

Age Criteria

Between 22 to 57 years.

citizenship

The applicant must be an Indian citizen.

Employment

Full-time job at specified organisations (Central Govt, PSU, MNCs, etc.) required for eligibility.

Work Experience

Minimum 1 year, with at least 1 month in the current job.

Required Document

Some required documents include last month's salary slip and others as needed.

Monthly Income

Net salary of at least ₹30,000 per month.

Required Document

To apply for a Personal Loan, just provide the following documents:

KYC documents

Government-issued IDs such as PAN Card/Aadhaar Card/Driving Licence/Voter ID/Passport.

Address proof

Rent agreement, utility bills, or passport.

Income proof

Latest salary slips for the last 3 months and bank statement of the past three months.

Co-applicant (Father/ Mother/ Wife)

Aadhar Card, PAN Card, Photo

Frequently Asked Questions

What is a two-wheeler loan?

A two-wheeler loan is a financial product that helps you purchase a bike or scooter by providing funds that are repaid in monthly installments.

What documents are required for a two-wheeler loan?

Typically, you will need proof of identity, proof of income (salary slips or bank statements), address proof, and the details of the vehicle.

How much can I borrow for a two-wheeler loan?

You can usually borrow up to 80-90% of the vehicle’s on-road price, depending on your credit profile and the lender’s policies.

What is the loan tenure for a two-wheeler loan?

Loan tenures for two-wheeler loans generally range from 1 to 5 years, offering flexibility in repayment.

 

Shravani Fincorp provides secured loans and bridge financing to small and medium-size corporates. We are the one-stop-shop for all types of lending solutions.

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