Overview
Two-wheelers are an easy mode of transport for intra-city commuters. However, a stable financial backup is one of the primary driving factors behind a two-wheeler investment. Be it for work-related chores or personal use, any self-employed person willing to buy a bike anytime soon, can now avail an easy and affordable bike loan through Loan Mitra’s Digital Lending Platform. Our customer-friendly bike loans are tailor-made as per your comfort and convenience, thereby bringing you one step closer to your dream bike - in minutes!
Features And Benefits
Features
Maximum Loan Amount
With Loan Mitra Limited’s customer-friendly Digital Lending Platform, you can avail Two-Wheeler loan up to 100% of on road price.
Attractive Rate of Interest
Loan Mitra offers attractive rate of interest on bike loans.
Long Repayment Tenure
Availing a loan from Loan Mitra can help you manage your finance seamlessly, as we offer long and flexible repayment tenures that range up to 3 years.
Zero Prepayment Charges
No prepayment charges are levied if you repay the full bike loan amount before the completion of your loan tenure.
Minimal Documentation
Loan Mitra asks for minimal documentation that is to be submitted online.
Swift Online Application
Our online application process for availing a Two-Wheeler Loan is just a one-click solution. It takes around 2 minutes to upload all the relevant details on Loan Mitra’s digital lending platform.
Eligibility And Documents
Eligibility For Self-Employed Person
- He/She must be above 21 years of age
- He/She must have a minimum of 1 year of total business experience
- He/She must earn a Profit After Tax (PAT) of minimum Rs. 75,000 per annum as per latest ITR.
Documents Needed For Self-Employed Person
(All Documents are Mandatory)
Application form with 2 photographs
KYC Documents:
- Aadhaar Card
- A copy of PAN Card.
- Proof of Address: (Passport Copy / Electricity Bill / Registered Rent Agreement / Property tax receipt)
Income Documents:
- Bank statement of an operating bank account for last 3 months
How To Apply
You can now apply for Two Wheeler Loan through the following steps:
- Click here to apply online
- Scan and upload documents online
- Verification & assessment
- Loan approval in 2 working days
Contact Us
In case you have any query or need any kind of assistance, please call us on (+91) 9881902174 or email us at info@loan-mitra.com. We would be delighted to answer any questions that you may have.By logging onto loan-mitra.com, you can save both time and money, while simultaneously getting the latest information on the financial products you seek.
Faqs
No. You do not need to visit our branch. With Loan Mitra’s digital lending platform, availing a bike loan is simply a one-click process, done entirely online.
No. You do not need to offer collateral security to avail a bike loan from Loan Mitra
It takes around 10 minutes to get your loan approved by Loan Mitra.
Loan Mitra offers you a fixed rate of interest.
For a bike loan, you can avail a maximum loan up to 100% of on road price.
Loan Mitra Limited offers you flexible repayment tenure up to 3 years.
Do I have an option of pre-paying the entire Two-Wheeler loan?