Two Wheeler Loan

Shivalik bank provides hassle free loans for everyday needs. Our two wheeler loan scheme gives you the chance to take advantage of the best interest rates in the market. Also, with no prepayment penalty and features like 3rd party guarantee acceptable to the bank, we make sure you go back with a peaceful mind.

Eligibility

  • Businessman, Professional, Self-employed, Salaried persons or HUF

Tenure

  • Min. 1 year Max. 5 years

Loan toValue

  • Max. 85% of the ex-showroom price
  • The value depends on purchase price of the vehicle / net income of the borrower.

Documents Required

  • KYC documentation
  • Declaration of Income, Assets & Liabilities.
  • Quotation obtained from the car dealer.
  • Valid Driving License

*Share Capital for regular members will be Rs. 100/- (upto Rs. 10.00 lac) and Rs. 500/- (above Rs. 10.00 Lac to Rs. 50.00 Lac).
*All loans are applicable to actual bank charges which include valuation, legal and all actual bank charges

To know more visit your nearest branch.