Get a Personal Loan for a Two Wheeler in Just 10 Minutes
Should you own a two-wheeler? Well, it depends! An office-goer may effectively utilise a two-wheeler for daily commute. In another case, you may opt for a two-wheeler to escape the bustling metro crowd for an office commute. Similarly, college/coaching students (if eligible) are also ideal for owning a two-wheeler. Additionally, travel enthusiasts may explore innumerable destinations comfortably on two-wheelers. In conclusion, a bike or scooter/scooty is of utmost importance, providing you with high flexibility and utility.
If you’re planning to buy one, but delaying your purchase due to insufficient funds, an instant personal loan for a two-wheeler can help significantly. SalaryOnTime, the best NBFC in India, provides personal loans to fund your purchase. Whether you’re eyeing to buy a reliably durable bike/scooty or you wish to buy a sports bike to flaunt your personality, we have got you comprehensively covered. Let’s scroll down to learn more about how to apply for a scooty/bike loan online, its benefits and whether you are eligible for a loan.
Why Choose SalaryOnTime for a Personal Loan for a Two-Wheeler?
When it comes to reliable NBFCs in India, SalaryOnTime is a name that grabs your attention straight away. We have a proven track record of helping borrowers with innovative finance solutions. Whether you are planning to buy your first two-wheeler vehicle or simply want to switch to a new bike/scooty, we’re here to help you with instant funds. Let’s scroll down to learn more about the incredible benefits that make us the first choice for a personal loan for a two-wheeler.
- Loan Approval and Disbursal in Just 10 Minutes
- 100% Digital Process
- Paperless Journey
- Easy Application
- Minimal Documentation
- Collateral-free Loan
- Zero Hidden Charges
- Apply from the comfort of your home
- Timely reminders before the due date
Eligibility Criteria to Apply for a Two-Wheeler Personal Loan Online?
In order to secure a personal loan for a two-wheeler online from SalaryOnTime, you must meet our easy criteria. Let’s scroll down to learn more about our eligibility criteria in detail.
- The borrower must be an Indian resident. Any non-resident shall not be entertained.
- The borrower must be between 21-50 years of age.
- The borrower must be a salaried employee with at least 30,000 in-hand salary. Any self-employed shall not be entertained.
- The borrower must be receiving the salary in his/her bank account. Salary in cash/cheque shall not be entertained.
- The borrower must come(reside) from the city where we are actively functional.
Note: We don’t provide loans to government employees.
How to Apply for an Instant Personal Loan Online from SalaryOnTime?
What makes SalaryOnTime a highly reliable NBFC for a personal loan for a scooty/bike is its customer-friendly features, such as easy application, 100% digital process, paperless documentation, etc. Using innovative and refined technology, we’ve extensively streamlined the entire loan process, right from application to approval to disbursal. It’s one of the reasons why we claim “easy application” and “10-minute disbursal” features. Let’s check out the easy steps below to apply for a personal loan for a two-wheeler effortlessly from the comfort of your home.
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Visit https://salaryontime.com/ or download the official SalaryOnTime app from the App/Play Store. Next, register your mobile number as a new user by entering the OTP.
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The next step is to fill out the application form by entering your personal, residential, employment, and income details. Make sure that all information you have entered is accurate.
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Further, upload the required documents, such as identity proof, address proof, and income proof.
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After you submit your loan application, our team carefully reviews your eligibility by evaluating every detail. If you fit our eligibility criteria, your loan is instantly approved and the amount is disbursed directly into your bank account.
Can You Get 100% Funding for Buying a Two-Wheeler?
Precisely, we provide instant personal loans for up to 1 lakh. If your dream vehicle costs below or around 1 lakh, you may enjoy up to 100% funding from us. In case, you have funds but are insufficient to make a purchase, you can still opt for a personal loan for a two-wheeler from SOT to buy your dream vehicle without any delay. So, what are you waiting for? Start exploring a range of stylish and comfy two-wheelers to unleash your true personality.
Final Words
A short trip to picturesque destinations, a weekend getaway, a ride in the city for an office commute, and many more— a two-wheeler may effectively fulfil several purposes. Therefore, buying a bike/scooter/scooty is an ideal decision. As far as cash crunch is concerned, SalaryOnTime’s personal loan for a two-wheeler is a perfect financing option for instant cash needs. So, why delay? Apply for an instant personal loan now and plan your ride.
FAQs
What is a personal loan for a two-wheeler?
A personal loan for a two-wheeler is a type of unsecured loan that helps individuals purchase a two-wheeler, including a bike, sports bike, scooter, scooty, or cycle of his/her choice. You get instant access to funds to make a significant purchase. In return, you need to repay the loan in easy instalments.
Who provides personal loans for scooters/bikes?
Trustworthy sources include Banks, NBFCs, and other money-lending platforms. They finance your buying and, in return, expect you to repay the loan amount in EMIs. That’s why it is also called an EMI loan. SalaryOnTime is a highly trusted NBFC to secure a scooter/bike loan in India.
What are the loans provided by SalaryOnTime?
SalaryOnTime provides a wide range of financing solutions in the form of emergency loans, instant loans, short-term loans, long-term loans, payday loans, advance salary loans, money-borrower loans, etc.
What documents are required to secure a two-wheeler loan online from SalaryOnTime?
In order to enjoy a seamless procedure, you need to be handy with documents, such as identity proof, residential proof, income proof, etc.
Who can apply for a two-wheeler loan?
Any salaried employee with an in-hand salary of a minimum of 30,000 is eligible to avail of a personal loan for two-wheelers from SalaryOnTime.
What is the maximum loan amount I can get for my desired bike/scooty?
We provide loans up to 1 lakh, depending on a number of factors.
Can I expect 100% funding for buying a two-wheeler?
As mentioned, we provide loans up to 1 lakh. Therefore, if your desired vehicle costs around 1 lakh, we can 100% fund your purchase.
How long does it take to process a personal loan for a two-wheeler?
We solely rely on modernized technology that significantly streamlines loan processing, reducing time consumption in loan approval and allowing you to access the funds within minutes.