logo

IDBI Bank Two Wheeler Loan

12.00 %

Advertised Rate

1 - 5 Years

Available Terms

750

Credit Score

1 L - 5 L

Loan Amount

Why Choose IDBI Bank

  1. Wide network of branches and ATMs across India
  2. Competitive interest rates
  3. Quick loan approval and disbursal
  4. Flexible repayment options
  5. Customized loan solutions based on the borrower's requirements


IDBI Bank Eligibility Criteria

  1. The applicant should be at least 18 years old at the time of loan application
  2. The applicant should have a valid driving license
  3. The applicant should have a steady source of income


IDBI Bank Fees & Charges

  1. Processing fee - Up to 1% of the loan amount
  2. Documentation charges - Rs. 500
  3. Penal interest - 2% per month on the overdue installment amount
  4. Foreclosure charges - Up to 3% of the outstanding principal amount
  5. Prepayment charges - Nil if the loan is prepaid from own sources


IDBI Bank Features & Benefits

  1. Quick loan approval and disbursal
  2. Attractive interest rates
  3. No prepayment penalty if the loan is prepaid from own sources
  4. Flexible repayment tenure
  5. Hassle-free loan application process


IDBI Bank Required Documents

  1. Identity Proof - PAN Card, Aadhaar Card, Passport, Driving License
  2. Address Proof - Aadhaar Card, Voter ID, Passport, Utility bills
  3. Income Proof - Latest salary slips, bank statements, Income Tax Returns

WhatsApp Icon