Documents Required for Two Wheeler Loan
To apply for a Two Wheeler Loan, you need to provide the documents mentioned below:
Documents | Salaried | Self Employed Professional |
---|---|---|
Application form | ||
KYC | Â | Â |
Photographs | ||
Identity Proof | ||
Address Proof | ||
Age Proof | ||
Bank Statements | ||
Signature Verification | ||
Income Proof | Â | Â |
Latest Salary Slip / Form 16 | Â | |
Income Tax Returns (ITR) for the latest one year | Â | |
Other Documentation | Â | Â |
Business Stability proof / Ownership proof | Â | |
Employment Stability Proof | Â |
Udyam Registration Certificate (URC) is mandatory to classify the loan under MSE*
(subject to norm fulfilment)
*Micro & Small Enterprise
Â
Bike Loan Documents FAQs
To apply for a Two Wheeler Loan, you need to provide your ID proof, address proof, income proof and photographs. These Bike Loan Documents are necessary to verify your identity, address and financial stability to ensure compliance with the regulatory requirements.
At ICICI Bank, the Two Wheeler Loan application process includes submitting the application, verifying the documents, getting the loan approved and getting the loan disbursed in your account. To apply for the loan, you must provide a duly filled in application form, submit the documents, check your credit score and await approval before the loan amount gets disbursed in your account
Yes, you can buy a two wheeler without a down payment subject to eligibility criteria specified for the loan. However, you may be required to meet specific income and credit score requirements to qualify for a zero down payment option.
The Two Wheeler Loan interest rates vary depending on factors like the loan amount, tenure and creditworthiness. ICICI Bank offers affordable interest rates ranging from 10.25% to 26.10%.