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Two-Wheelers Loan
Two-Wheelers Loan

Embark on your two-wheeler journey with us - Choose the bike that suits your lifestyle, and we'll provide financing up to INR 1 lakh with same-day disbursement.

Features & Benefits:

Our Two-Wheeler Loans are tailored to help you acquire a personal two-wheeler effortlessly. Whether you're a business owner, a self-employed professional, or a salaried individual seeking personal mobility, we offer swift loan processing.

Thanks to our collaborations with multiple manufacturers and dealers, we provide you with the best solutions available in the market. From sourcing and field investigation to documentation, our dedicated team assists you throughout the entire process, ensuring speedy approvals and disbursements.

Eligibility
  • To determine your loan eligibility, consider the following criteria:
  • All individuals with a steady income source are eligible.
  • A satisfactory prior credit history, if applicable, is required.
  • Customers need to fulfill our Credit Norms to avail of Two-Wheeler Loans.

Please note that meeting these eligibility requirements opens the door to our convenient and beneficial loan options.

At Sri Raksh, we are committed to helping you bring home your first ride and providing the financial support you need for your personal two-wheeler.

Sri Raksh Two-Wheelers Loans

Late night drives, impromptu trips, sudden buddy plans & roadside dinner parties; what do these have in common? A car! Fulfil your dream of owning your own vehicle of happiness with Vehicle Loans!

Who can Borrow

Individuals, Firms, Companies

Purpose

Convenient scheme for purchase of two-wheelers

Margin

For personal use – 10% (on Cost +Registration charges +Insurance)

For commercial - 25% (on Cost +Registration charges + Insurance)

40% for used two wheelers.

Security

Hypothecation of vehicle to be purchased and from the date of regn For used vehicles should be below 3 years for availing loans.

Repayment

(a) Max 60 months

(b) 18 - 24 months for used two wheelers.

Processing Charges

1.5 % + service tax as applicable from time to time. Insurance to cover pay out charges.

Attractive Features

Competitive Rate on daily reducing. No Prepayment penalty

Documentation Charges

As applicable

Prerequisites

Individuals employed/engaged in business/having professional income and sound financials. Invoice from the Authorized dealer.

Vehicle Loan

Up to 15 lacs max.

Foreclosure charges & Charges for late payment of EMI

2% per month on EMI/Principal overdue subject to minimum amount Of Rs.200/-

About Us

Sri Raksh Souharda Credit Co-operative Limited

At Sri Raksh, we put our customers first. And the confidence that our customers have in us drives us to excel and to redefine boundaries. For us, customer centricity is not just a buzzword. We strive to embody elements of what relationships are about:- Being there for the long haul, through good times and bad Recognising that relationships have swings and roundabouts

Our location

#7, First Floor, Chandra Layout Main Road Income Tax Layout Binny Mills Employees Colony Vijayanagar Bangalore-560 040

Phone Number

(080) -23441011