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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 |
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Type of Facility | Term Loan |
Amount of Loan | 80% Vehicle on Road |
Repayment | EMI from 36 to 84 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% |