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IDBI Bank Two Wheeler Loan
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12.00 %
Advertised Rate
1 - 5 Years
Available Terms
750
Credit Score
1 L - 5 L
Loan Amount
Why Choose IDBI Bank
Wide network of branches and ATMs across India
Competitive interest rates
Quick loan approval and disbursal
Flexible repayment options
Customized loan solutions based on the borrower's requirements
IDBI Bank Eligibility Criteria
The applicant should be at least 18 years old at the time of loan application
The applicant should have a valid driving license
The applicant should have a steady source of income
IDBI Bank Fees & Charges
Processing fee - Up to 1% of the loan amount
Documentation charges - Rs. 500
Penal interest - 2% per month on the overdue installment amount
Foreclosure charges - Up to 3% of the outstanding principal amount
Prepayment charges - Nil if the loan is prepaid from own sources
IDBI Bank Features & Benefits
Quick loan approval and disbursal
Attractive interest rates
No prepayment penalty if the loan is prepaid from own sources
Flexible repayment tenure
Hassle-free loan application process
IDBI Bank Required Documents
Identity Proof - PAN Card, Aadhaar Card, Passport, Driving License
Address Proof - Aadhaar Card, Voter ID, Passport, Utility bills
Income Proof - Latest salary slips, bank statements, Income Tax Returns