Oriental Bank of Commerce Two Wheeler Loan

Oriental Bank of Commerce Two Wheeler Loan

Oriental Bank is a private-sector bank in India and the bank was established in 1943. The bank provides many financial products to customers like loans, insurance, banking and wealth management. Oriented bank of commerce has been ranked on 19th number among the 20 national banks. The bank has a good reputation among the customers in the country. The quality of the products of the bank is very good.

Two Wheeler Loan

A Two wheeler loan lets you borrow money from the banks or other non-banking organizations. Oriental Bank of Commerce is well known for TWL services. The bank lends you money to buy a bike or scooter and you have to return this loan within the tenure of the loan. TWL is a special-purpose loan you can’t use this amount of loan for other purposes. A Two wheeler loan comes under the category of secured loan. In this loan, you pledge your vehicle that you are going to buy at the bank as a security.

Rates of Interest: 11.50%

Features of Two Wheeler Loan

Oriented Bank of Commerce Two wheeler loan is available online.

A person can easily apply for the Two Wheeler loan online; there is no need to go to the branch.

You can get this loan if you are 18 years.

The minimum salary for the Two Wheeler loan is Rs. 7000 for salaried and Rs. 6000 for self-employed.

The rates of interest are very reasonable and affordable in the Two Wheeler loan.

The tenure of the loan is from one to five years.

Eligibility

The age of the applicant should be 18 years at least.

The minimum salary for Two Wheeler Loan is Rs. 6000 and the maximum salary is  Rs. 7000

Documents

Applicant should have two passports sized colored recent photographs. Applicant should not be wearing glasses.

Applicant should have some identity proof. It can be a (voter ID card/PAN card/ Aadhar Card/passport/driving license)

Furthermore, residence proof is also needed. It can be a (voter ID card/PAN card/ Aadhar Card/passport/driving license/ration card/utility bills/rental agreement)

How to Apply?

Apply online www.bestloandeal.in

For more information, you call on 60011600.