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Two Wheeler Loan


Two Wheeler Loan

Two Wheeler Loan

While the rural road network has improved vastly, public transportation in interior rural areas is still not adequate. Two-wheelers have become the most popular mode of transportation. Since a majority of the population in rural India is self-employed, a motorcycle or scooter has become a necessity for conducting trade. Owning a two-wheeler is also an important step towards improving one’s standard of living. Fullerton India Gramshakti offers unique financing options for men and women, who wish to buy their own two-wheeler and offers loans of up Rs. 60,000

Two Wheeler Loan Documents

Documents Required

  • Passport, or
  • Photo Credit card – front & reverse, or
  • Voters ID card, or
  • Driving License, or
  • PAN card, or
  • Company ID card of MNC/ Public Ltd. / PSU/ Govt. company, or
  • Aadhar card

Two Wheeler Loan Eligibility

Eligibility Criteria

  • Individuals in service with minimum net monthly salary of Rs. 10000/-
  • Students, aged 18 years and above, with salaried parent as co-borrower;
  • ¬†Business concerns (Corporate or non-corporate).
  • Income of spouse can be added.