In today’s fast paced world, owning a vehicle is not a luxury but a necessity.

The vehicle loans at Agrasen Bank are designed to finance two wheeler that suits your needs and matches your taste and status.

Now, ease out on your commutation efforts as you can get the Bike of your choice and zoom away on the roads with Agrasen Bank two wheeler loan options. Individuals who prefer to travel more conservatively or get to their destinations faster, a two-wheeler is as much a boom as it is to a car owner. With newer models coming out each year, the options available to the customers are both attractive as well as convenient.

Eligibility	Individuals / Firms / Companies
Type of Facility	Term Loan
Amount of Loan	80% Vehicle on Road
Repayment	EMI from 36 to 120 months
Security	Vehicle purchased out of Bank Finance & 3rd Party guarantee
Rate of interest	10.00% to 14.00%
Documentation	Hypothecation / Term Loan agreement, Guarantee deed etc
Sanctioning Authority	General Manager / CEO / Board
Margin	20%