TJSB Sahakari Bank Two-Wheeler Loan

Required Documents: 

The necessary documents to apply for a two-wheeler loan are as follows: 

1. Income proof of the applicant as well as the guarantor 

1. Residential proof of the applicant and guarantor 

1. PAN card of the applicant and guarantor 

1. KYC of the applicant and guarantor 

1. Original quotation or invoice of the two-wheeler to be purchased 

1. Hypothecation of two-wheeler as the prime security 

1. Atleast one eligible guarantor is required
2. At least one eligible guarantor is required

Other features

The other features for availing a two-wheeler loan are as follows: 

Category	Details
Loan Amount	The maximum loan amount provided is up to Rs.5 lakh (Ex-showroom cost + registration + insurance after deducting any discount or exchange (whichever is less))
Repayment	The maximum repayment tenure is 60 months  For salaried employees, repayment tenure until retirement age can be availed (whichever is less)
Pre-Payment Penalty	No charges
Other Charges	Franking charges and processing charges are applicable

TJSB Sahakari Bank Two-Wheeler Interest Rates 

Please contact the bank to know about interest rates for the two-wheeler loan.  

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FAQs on TJSB Sahakari Bank Two-Wheeler Loan

• What are the eligibility criteria to avail a two-wheeler loan from TJSB Sahakari Bank?

  Individuals looking to avail two-wheeler loans should be either a salaried employee or an entrepreneur, self-employed, or professionals.  

• What is the maximum loan amount provided by the TJSB Sahakari Bank for two-wheeler loan?

  The bank provides a maximum loan amount of Rs.5 lakh to avail two-wheeler loan. 

• Is a guarantor required to avail a two-wheeler loan from TJSB Sahakari Bank?

  Yes, atleast one guarantor is required to avail yourself of a two-wheeler loan from TJSB Sahakari Bank.  

• Is there a pre-penalty payment charge for two-wheeler loan taken from TJSB Sahakari Bank?

  No, there is no pre-penalty payment charged for two-wheeler loan taken from TJSB Sahakari Bank.