2023 2024 EduVark > Education Discussion > Banks Related


  #1  
October 3rd, 2017, 08:23 AM
Unregistered
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Axis Bank

I want to purchase a Bike. I want to apply for Loan at Axis Bank, so someone is here who will tell me about Bike Loan offering by Axis Bank with current Interest Rate?
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  #2  
October 3rd, 2017, 08:58 AM
Super Moderator
 
Join Date: Mar 2012
Re: Axis Bank

The Axis Bank offers several types of Loans. It offers Super Bike Loan for Bike.

Here I am providing information about Super Bike Loan:

Age of the Applicant
21 years – 58 years

Preapproved Offer
For Selected Axis Bank Customer

Special Benefits
Additional 8 % funding on accessories invoiced at the time of delivery

Interest Rates and Charges
Rates of Interest Processing Fee* Documentation Charges*
10.5 % onwards 5000 500

Details of Charges
Stamp Duty At Actuals
Cheque Bouncing Charges Rs 500/-
Late Payment Penalty 2% per month
Cheque Swapping Charges Rs 500/-
Loan Cancellation / Rebooking Charges Rs 1000/-
Statement Charges Rs 500/-
Duplicate Repayment Schedule Charges Rs 500/-
Documentation Charges Rs 500/-
Duplicate No Dues Certificate / NDC Rs 500/-
Foreclosure Charges 5% of Principal Outstanding plus service tax
Part Payment Charges 5% of Principal Outstanding plus service tax
Issuance of Credit Report Rs 50/-

Feature and Benefits
Quick loan approval
Simple and Hassle free
High Loan to Value
Minimum Documentation
Best in – class pricing – Our loan rates and charges are very attractive

Eligibility and Documents
A salaried or self-employed individual
Age Limit: 21 -58 Years
Individuals who have been residing at the given residence for a minimum of 1 year
Who have been working for a minimum of 2 years

Documents Required Salaried
Identity & Address Proof 1. Passport
2. Driving Licence
3. Voter's ID
4. Aadhar Card
5. Pan Card
6. Any other document

Income Proof 1. Latest Salary Slip
2. Latest Form 16

Bank Statement Latest 3 months Bank Statement

Age Proof 1. Passport
2. Driving Licence
3. Pan Card
4. Birth Certificate
6. Others (Pls Specify)


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