Two Wheeler Loan

How to Apply for Two Wheeler Loan? The loan application process with Zavron is extremely simple, and smooth. We only ask for the necessary documents and leave the rest to us. Here is the document list for the category of professionals we cater to. Salaried Professionals Self-Employed Professionals Self-Employed Business Applicant’s Photo ID Applicant’s Photo ID Applicant’s Photo ID PAN Card PAN Card PAN Card Aadhar Card Aadhar Card Aadhar Card Electricity Bill Electricity Bill Electricity Bill Last 6 months’ salary slip Last 3 year IT returns Last 3 year IT returns Last 6 months’ bank statement Last 6 months’ bank statement Last 6 months’ bank statement Employment proof/ form 16 Professional practice certificate, MOA/ AOA/ practice/ partnership deed Shop act license for proprietor/ partnership deed/ GST certificate/ board resolution/ MOA/ AOA/ COI How to Calculate EMI on a two-wheeler loan ?   The calculation of two-wheeler EMI is very simple and quick. If...

Buying a bike with EMI paid from either a credit card or with a two-wheeler loan provided by a bank or an NBFC will have its own sets of benefits and drawbacks. You'll pick which is best based on your personal requirements. If you liked an extended tenure to repay the loan, then a two-wheeler loan would be a far better idea as they provide tenures up to 4 years. Some banks even offer to 5 years, but it's not quite common. EMIs paid from credit cards need to be repaid within 2 years. That be the maximum tenure that's offered. If you would like to repay the loan during very short duration, then EMI paid from your credit card would be sensible because of the interest rates for a two-wheeler the loan can go up to 17% based on the individual’s credit profile whereas the first few months of interest rates on EMI paid from credit cards are comparatively less than longer tenures of 1 to 2 years for the same. You'll then choose a tenure of a few months...