Andhra Bank Two Wheeler Loan

Andhra Bank Two Wheeler Loan

There are people who wish to buy a bike but could not buy it due to lack of funds, seeing this problem a finance scheme called Andhra Bank Two Wheeler Loan has been introduced in the market that offers monetary support to people for purchasing a motorbike. The loan can be used to buy a new or a used bike.

Interest Rates and Charges: 10.75%

Features and Benefits

Affordable

Simple and Hassle free

Easy to pay back

Flexibility of payment

Speedy Approval in 4 hours

Minimum Documentation

Attractive Interest Rates

Eligibility

Minimum age limit is 18 years and the maximum is 65 years

Employment: For Salaried 1 year in current employment / For Self- Employed at least 3 years in business

Annual Income: For Salaried Rs. 70000 net annual income / For Self- Employed Rs. 60000 p.a.

Telephone: Must at the residence.

Documentation

Identity Proof- Aadhar card, PAN Card, Voters ID card, Driving License

Income Proof- For Salaried Latest salary slip of 6 months/ For Self- Employed Latest 1 year ITR

Address Proof- Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill etc.

Bank Statement: Last 6 months

About Andhra Bank

Andhra Bank is a medium-sized public sector bank and was founded on 20 November 1923 by Bhogaraju Pattabhi Sitaramayya. The bank has 2803 branches, 4 extensions, 38 satellite office, and 3636 ATMs. The products offered by Consumer banking, Credit cards, corporate banking, finance and Insurance, private banking, wealth management, Agricultural Loan.