I want to get the details of Two Wheeler Loan of State Bank of India for Students so can you please provide me?

State Bank of India SBI provide the best Two- Wheeler loan scheme for you to take a loan for purchase of new Two- Wheeler.

Two- Wheeler loan

Purpose

To provide finance for purchase of new Two-wheelers viz. scooter/motor cycle/ moped/battery-operated vehicles

SBI offers you:

Lowest interest rates ;
No Advance EMI;
Lowest EMI;
Interest Calculated on Daily Reducing Balance;
LTV 85% of On Road Price of vehicle;
Flexibility of payment of EMI anytime during the month;
Low processing fee (only 1.22% of loan amount);
Free Accidental insurance ;
Optional SBI Life cover;

Eligibility

A Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or
A Professionals or self-employed individual who is an income tax assessee or Person engaged in Agricultural and allied activities.

Minimum Net Annual Income Rs. 75,000 (for regular petrol/diesel/gas operated scooters & motor cycles) and Rs. 60,000 (mopeds and battery-operated Two-wheelers)-

Individual between the age of 21-65 years of age.

Margin-
15% of the on the road price (which includes vehicle registration charges, insurance, one-time road tax).

Repayment-
You can repay the loan within 36 months.

Documents Required-

2 passport size photographs of borrower(s)
Signature identification from bankers of borrower(s)
A copy of passport /voters ID card/PAN card.
Proof of residence
Statement of Bank account of the borrower for last 12 months
Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons
Copy of Income Tax Return for last two financial years, duly acknowledged by ITO for professionals, self-employed and others.
Proof of official address for non-salaried individuals

Contact-

Please Call SBI's 24X7 helpline number i.e. 1800 11 2211 (toll-free), 1800 425 3800 (toll-free) or 080-26599990. Toll free numbers are accessible from all landlines and mobile phones in the country.