Vehicle Loan
If you have been thinking about purchasing a bike in the near future but do not have the finances to do the same, a two wheeler loan might help. With a bike loan, you do not have to shell out your savings as you can purchase your favourite bike and pay back the loan amount via equated monthly installments.
eligibility criteria for two wheeler loans:
- Minimum age of the loan applicant should be at least 18 years at the time of applying for the loan, and the maximum age limit should be 65 years.
- Applicant should be residing in the same house for at least one year to show residential stability.
- Applicant should be in a stable job for at one year or self-employed with IT returns of two years.
- Applicant should have a good CIBIL score with credit bureaus
- Applicant should have a permanent telephone number and possess KYC and other related documents.
Documents Required for Two Wheeler Loan
Identity Proof :
- Aadhaar Card
- PAN card
- Passport
- Driving License
- Electoral Voter Identity Card
Address Proof :
- Aadhaar Card
- PAN card
- Passport
- Driving License
- Latest Electricity Bill
- Latest Phone Bill
- Latest Bank Passbook reflecting the current address
- Property Documents
- Water bill
Additional Documents for Salaried Persons
Salaried persons :
- Employment or offer letter
- Last salary slips <45 Days
- Last six months bank statements and latest form 16
Self-Employed :
- Last three years income tax returns
- Last six months bank statements
- Sales tax returns
- TDS Certificate
- Company details
Car Loan (also known as an automobile loan, or auto loan) is a sum of money a consumer borrows in order to purchase a car. Generally speaking a loan is an amount of money that is lent to an individual, a business, or another entity. The party that lends the money is known as the lender, while the party borrowing the money is called the borrower. When taking out a loan a borrower agrees to pay back the full loan amount, as well as any interest (a percentage of the loan amount, usually calculated on an annual basis), by a certain date, typically by making monthly payments.
Car Loan - Features & Benefits
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Car Loan - Eligibility
Mahindra Finance offers car loans at attractive interest rates to both salaried and self-employed individuals, including farmers and traders, who meet our age and income eligibility criteria.
Age criteria : 21 to 60 years
Age criteria : 21 to 60 years
Car Loan - Documents Required
KYC documents
Salary slip / Form 16 / IT returns / Bank statements (optional)
Identity and address proof
About Us
Euro Nexus Dinero Marketing PVT. LTD is mainly focus to connect merchants, consumers, card brand networks and financial institutions with advance trands. Credit card companies are the banks and credit unions that issue credit card to consumers and small business owners. Euro Nexus Dinero Marketing Company provides new credit card to the valid and valiable customers. Also, we delivers necessary services to the cardholders regarding purchases, accepting payments, distributing rewards and suggest a fine solution to the problem arraise in credit card.
Contact Us
Euro Nexus Dinero Marketing Pvt. Ltd .
No: 290, 2nd Floor, Monty Plaza, Next to Chennai Silks,
5-Roads, Salem - 636 004.
Mon to Sat 9:30AM to 6PM
Toll Free Number
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