Bandhan Bank Two-Wheeler Loan

How to Apply for a Bandhan Bank Two-Wheeler Loan

The procedure to apply for a bike loan from Bandhan Bank is mentioned below:

1. Visit Bandhan Bank Two-Wheeler Loan website

1. Click on 'Apply Now'. 

1. Enter details such as your name, mobile number, email ID, city, and pin code. 

1. Click on 'Submit'. 

1. A Bandhan Bank executive will contact you to process the request. 

Bandhan Bank Two-Wheeler Loan Calculator

In case you are availing a loan to purchase a bike, you can use BankBazaar's two-wheeler loan EMI calculator to calculate the monthly payments. Apart from being easy to use, the calculator helps in saving time as the results are displayed immediately. 

Accurate results are provided for the details that are given. You will need to enter basic details such as the processing fee, loan amount, rate of interest, and tenure. 

Bandhan Bank Two-Wheeler Loan Eligibility

1. You must be at least 21 years to avail the loan.
2. You must not be more than the retirement age or 57 years, whichever is lesser, when the loan matures.
3. If you are a self-employed individual, your age should not be more than 65 years when the loan matures.

Documents Required for Bandhan Bank Two-Wheeler Loan

For Self-Employed Individuals

1. Application form
2. Proof of residence (owned)
3. Repayment track record
4. Bank statement
5. Income Tax Returns (ITR)
6. Proof of identity
7. Proof of address
8. Passport-size photographs
9. Quotation provided by a recognised dealer

For Salaried Employees

1. Application form
2. Bank statement
3. Proof of income such as salary slips (three months), Form 16, or ITR
4. Proof of address
5. Proof of identity
6. Passport-size photographs

Features and Benefits of Bandhan Bank Two-Wheeler Loan

The main benefits and features of the two-wheeler loan offered by Bandhan Bank are mentioned below

1. Documentation charges are on actuals.
2. Minimal documentation.
3. The disbursement time is fast.
4. Repayment tenure of up to four years.
5. Life and non-life insurance options can be availed.
6. Doorstep assistance is provided.
7. Up to 85% of the on-road price of the bike may be provided as a loan.

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