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Zoom off in a bike or scooter or moped. A range of two wheeler loans to choose from.
Keralanext.com
presents SBT Big Shopper Two Wheeler Loans
as the ideal two wheeler loan of the month. SBT two wheeler loan comes
with certain never-before advantages, to make the aspiring riders drool.
Which include convenient EMIs and an equally attractive interest rate.
Read on to find more about SBT Big Shopper Two Wheeler Loans.
Eligibility Salaried and other regular income earners with a minimum of 3 years standing/experience in their line of activity,
commissioned officers in defense services with two years service, spouses of
NRIs, subject to satisfactory proof of regular monthly income.
Amount
a) consumer durables 12 times NMI Rs. 1,00,000/- (maximum)
b) Two wheelers 15 times NMI Rs. 40,000/- (maximum)
Repayment maximum 72 monthly installments.
Margin 20% of the cost of items purchased
Interest rate click here for interest rates
Security
a. For loans up to Rs. 50,000/- Personal guarantee of two persons of sufficient worth where check off facility is not available
b. For loans above Rs. 50,000/- Equitable mortgage of property of value not less than the loan amount or any other tangible securities of sufficient value.
Processing charges
Rural branches Rs. 4 per 1000 or part thereof with minimum Rs. 40
Other branches Rs. 5 per 1000 or part thereof with minimum Rs. 50
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