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  • TVS Credit Two Wheeler Loan

     4.5 / 5.0   by 1405 users
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    Overview:

    TVS group is one of the country’s largest industrial entities with more than thirty companies and over 40,000 employers all around the world. TVS is a major player in the manufacture of two wheelers, computer peripherals and vehicle parts. TVSCS (TVS Credit Services Limited) is a company promoted by the TVS Group and is spread across 16 states in the country, serving over a million customers.

    By opting for a two wheeler loan from TVS Credit, you can choose the two wheeler of your choice at flexible terms and attractive rates. TVS credit offers loans for TVS vehicles at best market rates available.

    Also Read: Two Wheeler Insurance.

    TVS Credit Two Wheeler Loan Eligibility:

    The following eligibility criteria must be fulfilled in order to apply for a two wheeler loan from TVS Credit Services:

    • Applicant or borrower should be salaried or self-employed.
    • Borrower should belong to a partnership or proprietorship firm.
    • Public or private limited companies can also apply.

    Perfect Personal Loan Deals for you

    TVS Credit Two Wheeler Loan Features:

    • Loan Amount: TVS Credit Services provides a loan amount of up to 90% of the on-road value of the two wheeler. Hence, the total loan amount will vary according to the choice of the vehicle you are planning to purchase.
    • Rate of Interest: The current rate of interest being offered on the two wheeler loans is in the range of 15% per annum to 29% per annum. Borrowers taking a loan for the purchase of any vehicle in the TVS Scooty range can avail lower and more attractive interest rates with special discounts and deals.
    • Loan Repayment: TVS Credit gives borrowers loan repayment tenure options from 12 to 48 months.
    • Apart from attractive interest rates, the company has a hassle-free documentation process.
    • Fast Track Loan Disbursal: The most difficult step in taking a loan is the approval process which takes a long time as the bank or lender checks the eligibility of the borrower first. The bank calculates the repayment capacity of the applicant by analysing income, expenditure and credit record from his or her bank statements. One of the key features of a TVS Credit two wheeler loan is that it can be approved within 24 hours, owing to its easy processing and quick approval process.
    • Cash King: TVS Credit allows its borrowers an easier option to make monthly repayments towards the loan, in cash. You do not even have to go to the trouble of opting for a post-dated cheques system, all you have to do is visit a TVS dealership and choose the Cash-king option.
    • Business Booster: TVS Credit Services offers special discounted rates on two wheeler loans for small entrepreneurs and agriculturists for the purchase of utility two-wheelers such as Max 4R or a moped.
    • Women on Wheels: Women borrowers planning to take a two wheeler loan for the purchase of any of the TVS Scooty models can avail loans at special offers with highly competitive rate of interests.
    Apply for Personal Loan

    TVS Credit Two Wheeler Loan Documents Required:

    The following documents need to be submitted along with the duly filled application form for a two wheeler loan from TVS Credit Services:

    • Identity proof such as Passport, Driving License or any government issued IDs.
    • Address proof such as electricity bill, telephone bill, etc.
    • Signature proof.
    • Latest bank statement of borrower. This indicates the spending pattern of the applicant, allowing TVSCS to determine the repayment capacity.
    • Income proof such as salary slip of applicant, Latest ITR (Income Tax Returns) filed or Form -16.
    • If private or public limited company, MOA or AOA with resolution from the board.
    • If a partnership firm, a declaration with partnership deed.
    • All documents should be valid and genuine and supported by adequate proof.

    FAQs:

    1. I am an agriculturist looking to take a two wheeler loan from TVS Credit for purchasing a Max 4R, am I eligible to apply?

      Yes, TVS Credit Services provides two wheeler loans to agriculturists for purchase of any kind of utility two-wheeler.

    2. What is the best loan repayment option offered by TVSCS for a two wheeler loan?

      TVSCS allows you to opt for the Cash-King option where you can directly go to the TVS dealer and make your loan repayment in cash.

    3. What is the maximum loan tenure that I can avail on a two wheeler loan from TVS Credit Services?

      TVSCS provides a maximum loan tenure of up to 48 months for a two wheeler loan.

    4. What is the maximum percentage of financing I can get from TVSCS for buying a two wheeler for personal use?

      The maximum loan amount that you can avail is 90% of the vehicle’s on-road price.

    5. How much time does it take to get a two wheeler loan approved at TVSCS?

      A two wheeler loan at TVSCS can be approved within 24 hours of applying owing to its easy documentation and quick approval process.

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    TVS Credit Two Wheeler Loan Reviews

  • Page 1 of 50 1 2 3 4 5
    • review Two Wheeler Loan
      "SATISFACTORY"
      BAJAJ FINSERV
      0.5 3.0/5 "Satisfactory"
      I do have two wheeler, which I was insured by Bajaj Allianz general insurance company. The services are fine one and the premium is about 800 rupees. Claim settlement is fine one like they have provided 100% of the damage cost, also it is as per their norms initially my bike was insured with ICICI now got converted to this.
      Was this review helpful? 0
      , hyderabad
      Reviewed on Aug 22, 2017
    • review Two Wheeler Loan
      "Good loan offers"
      BAJAJ FINSERV
      0.5 5.0/5 "Blown Away!"
      I approached Bajaj Finserv through showroom, I purchased KTM duke worth Rs. 2.40 lakhs, I only taken the loan of Rs.70,000 remain all done the payment by own source, documentation process was good and their foreclosure policy is very good, there are no charges applicable.
      Was this review helpful? 0
      , kolkata
      Reviewed on Aug 18, 2017
    • ICICI Two Wheeler Loan
      "Approachable "
      ICICI BANK
      0.5 4.0/5 "Great!"
      My two wheeler loan got sanctioned on time from ICICI bank. In the month of Feb17, I availed this loan from ICICI bank. Seriously I dont know about the interest rate. As the bank service was too good while taking the loan, I did not inquire about other things like interest rate. It is good to approach ICICI bank for the two wheeler loan.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 17, 2017
    • HDFC Bank Two Wheeler Loan
      "Good but interest rate is high"
      HDFC BANK
      0.5 3.0/5 "Satisfactory"
      HDFC offered vehicle loan for me last year. They voluntarily reached out to me and said that they had approved some around three lakhs for me as a vehicle loan. That was a good deal actually but what I felt was, the interest rate was high with HDFC so I did not avail that offer. Banking services are good with HDFC bank.
      Was this review helpful? 0
      , patna
      Reviewed on Aug 17, 2017
    • Hero fincorp Two Wheeler Loan
      "Convenient EMI "
      HERO FINCORP LIMITED
      0.5 4.0/5 "Great!"
      Four EMIs are completed with Hero Fincorp Limited for my two wheeler loan. The very reason for my satisfaction with Hero fincorp is the due date. It is very much convenient for making emis. The loan amount was 50000. And the interest rate is around 14%.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 14, 2017
    • HDFC Bank Two Wheeler Loan
      "DISSATISFIED"
      HDFC BANK
      0.5 1.0/5 "Really Bad"
      t had been a nice experience during the whole process of the loan disbursement. The response was very good with HDFC bank. They have disbursed my loan within the promised time, total loan amount was around 65000 rupees and the down payment I have done is 1500 rate of interest they have offered me is 11.5% processing fee charges around 2500 but the bike got delivered after a month this is the only drawback
      Was this review helpful? 0
      , cherthala
      Reviewed on Aug 13, 2017
    • review Two Wheeler Loan
      "Easy process"
      INDUSIND BANK LTD
      0.5 5.0/5 "Blown Away!"
      I have purchased Royal Enfield bike worth Rs. 1.70 lakhs, I paid only the downpayment of Rs. 56,000 and submitting the documents for avail two wheeler loan from Indusind, within one day, they loan have sanctioned it. Their interest was also reasonable now my EMI got closed.
      Was this review helpful? 0
      , machilipatnam
      Reviewed on Aug 12, 2017
    • HDFC Bank Two Wheeler Loan
      "Satisfactory"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I took two wheeler loan from HDFC bank during the year 2012. And I had closed the loan in the year of 2014. For the two wheeler loan I had received a proper response on time from the bank. Nothing went wrong that time. Even they had approved and sanctioned it on time. The service was satisfactory.
      Was this review helpful? 0
      , chennai
      Reviewed on Aug 11, 2017
    • HDFC Bank Two Wheeler Loan
      "Very Good service"
      HDFC BANK
      0.5 4.5/5 "Excellent!"
      I had a 2 wheeler loan with HDFC bank around a year ago. The customer service is good with HDFC bank. They have disbursed my loan within 10 days of time. The rate of interest is nominal with HDFC bank. I am happy and satisfied with the loan amount .
      Was this review helpful? 0
      , tirupati
      Reviewed on Aug 10, 2017
    • review Two Wheeler Loan
      "Two wheeler loan"
      INDUSIND BANK LTD
      0.5 4.0/5 "Great!"
      My Indus Ind BANK two wheeler loan was processed very easily, at the time of closing the loan , I was given NOC. Interest rate and processing fee charged by them were fine. For any quires they respond instantly and that 's the highlight about them. This loan was closed before one year and there were no issues absolutely.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Aug 10, 2017
    • review Two Wheeler Loan
      "Easy Loan"
      BAJAJ AUTO FINANCE
      0.5 5.0/5 "Blown Away!"
      I got a bike loan immediately from Bajaj auto finance , documentation process was very easy. Within the time they done the process.I got my bike delivery on the same days, I took the bike loan of Rs.75,000 for the tenure of three years it is live.
      Was this review helpful? 0
      , sambalpur
      Reviewed on Aug 10, 2017
    • review Two Wheeler Loan
      "Hassles Free"
      BAJAJ AUTO FINANCE
      0.5 4.0/5 "Great!"
      I done with the two wheeler loan with Bajaj Auto Finance. It was for 21 months. And I am not sure about the interest rate but the process was on time. Actually the whole process was completed by the showroom executive. So I did not involve much, I just submitted my documents and they were done with the loan process on time.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 08, 2017
    • HDFC Bank Two Wheeler Loan
      "Good Process"
      HDFC BANK
      0.5 4.0/5 "Great!"
      Two years ago, I had closed the loan with HDFC bank. Actually I availed two wheeler loan from the bank and the interest rate was 11.50%. I got the loan on time without any delay and I am quite happy with the bank for the loan process. Also I had closed the loan as well.
      Was this review helpful? 0
      , pune
      Reviewed on Aug 07, 2017
    • HDFC Bank Two Wheeler Loan
      "Good Experience with HDFC "
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I took two vehicle loan from HDFC, I just submitted my documents to the showroom guy. Within ten days of time they have completed entire process, they delivered the bike on that day. HDFC gave me the interest around 13% for bike vehicle its fine.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 07, 2017
    • review Two Wheeler Loan
      "Not so good"
      BAJAJ FINSERV
      0.5 4.0/5 "Great!"
      Bajaj finserve had to actually reduce the charges which they are adding at present for example cheque bounce as this happens at times despite having sufficients funds in my account . I am clueless why this is happening and they are messing up the process completely.
      Was this review helpful? 0
      , bangalore
      Reviewed on Aug 06, 2017
    • HDFC Bank Two Wheeler Loan
      "Immediate Process"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I had taken two wheeler loan from HDFC bank in the year of 2012. Interest rate was 9% at that time and it was nominal. They are good in loan process and sanctioned the loan on time. Because my credit score was very good so they processed it immediately.
      Was this review helpful? 0
      , coimbatore
      Reviewed on Aug 05, 2017
    • HDFC Bank Two Wheeler Loan
      "High in charges"
      HDFC BANK
      0.5 2.5/5 "Just OK"
      In the year of 2014, I had taken the two wheeler loan. Now it had been completed. Interest rate is around 12.5% which is high and the cheque bounce charges are also very high with HDFC which is around 750 rupees. So I am disappointed with HDFC for two wheeler loan.
      Was this review helpful? 0
      , thane
      Reviewed on Aug 05, 2017
    • review Two Wheeler Loan
      "EXCELLENT"
      BAJAJ FINSERV
      0.5 5.0/5 "Blown Away!"
      I had taken two wheeler loan and I like the services for bajaj finserv. I got this loan with interest rate and on the same day itself the loan been sanctioned. I did not face any kind of issues with Bajaj Finserv.the loan amount was 88000 and the down payment i have done is 28000 rupees total tenure is for 3 years.
      Was this review helpful? 0
      , vijayawada
      Reviewed on Aug 04, 2017
    • HDFC Bank Two Wheeler Loan
      "Not Responsive"
      HDFC BANK
      0.5 1.0/5 "Really Bad"
      I preferred HDFC bank for the two wheeler loan and I had applied with the bank as well. It had been twenty days but still there is no kind of response from the bank side. They never reached me on my application. I am a credit card holder of the bank but I am not getting good response from HDFC.
      Was this review helpful? 0
      , jadcherla
      Reviewed on Aug 03, 2017
    • HDFC Bank Two Wheeler Loan
      "As Per The Market Rate"
      HDFC BANK
      0.5 5.0/5 "Blown Away!"
      I have two wheeler loan with Muthoot Capital. It will be closed after three emis. The rate of interest is 10.50% which is a reasonable one. And they had done with the loan process in a very good manner and I received good customer service as well.
      Was this review helpful? 0
      , visakhapatnam
      Reviewed on Aug 03, 2017
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