E – Bike Loan Policy
A E- Bike loan enables you to buy a bike of your choice on low-interest rates with monthly EMIs without hurting your budget. EMIs or Equated Monthly Installments are designed to repay the two wheeler loan at affordable prices. The tenure for EMIs ranges from 6 months to 3 years – we also offer the option of pre-closure of the loan by paying the entire amount with some pre-termination charges.
E- Bike Loan Interest Rates: –
ROI 15 % Onwards
Tenure Upto 18 Months
Age – 18 to 60 years
Residence Proof- -Applicant should be residing in same house for at least one year
Permanent Contact number- -Applicant should have permanent contact number
-upto 65% Funding on Hot Selling
-upto 50 %- 55% Funding on Non Hot Selling
- 65 to 89 % in case of Non Hot Selling Products
- Due dates has been provided of 10th & 20th of every months.
- Payment has directly transferred to dealer’s bank account even on same day as per request of dealer.
- Processing fee if applicable, has been deducted before make payment to dealer
Why should you take a two-wheeler loan?
A two-wheeler loan is the best option to own your dream bike without redeeming your savings. It is the best way to manage your finances when you do not have other means. You can get up to 90 % of your bike’s on-road price as a loan without pledging anything as collateral. With affordable interest rates and longer loan tenure, you can plan your repayments based on your needs.
Furthermore, there is a minimum eligibility requirement to get a two-wheeler loan. You will have to convince your lender that you have a stable income and a good credit score to secure a loan. A higher credit score can also get you a lower interest rate.
Why should you choose AMRIT MALWA Finance two wheeler loan?
Here are some of the top benefits of choosing AMRIT MALWA Finance two-wheeler
You can get up to 90 % of the bike’s value as a loan, making it easier to own a bike if you cannot afford to make the initial down payment.
The two-wheeler loan interest rates start from as low as 23%*. You can choose an interest rate based on your needs. However, you must have a higher repayment capacity.
You can choose to repay your loan amount with interest within 3 to 36 months*.
There is minimal documentation required. You will have to submit your KYC documents (Aadhar card is mandatory).
The process of applying for a two-wheeler loan is easy and convenient.
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Empowering Your Goals.
"Know why Amrit Malwa has easy online loans for electric bikes",
Across the world, people are experiencing the harmful effects of global warming and pollution. Reducing the use of petrol and diesel vehicles and replacing them with electric alternatives is one of the steps taken to conserve the environment. With increasing awareness, electric two-wheeler sales have seen a rise in the last couple of years. In addition, an individual can also own an electric bike on installment