Axis Bank Bike Loan Interest Rate
Lowest emi offered by hdfc bank is 273 per ten thousand loan amount at lowest two wheeler loan interest rate of 14 03.
Axis bank bike loan interest rate. For bike loan while for super bike loan the interest charged is in the range of 9 25 p a. How to finance a bike. The interest rates may vary across different banks. Axis bank offers an attractive two wheeler loan interest rates in india.
We offer a 2 lower rate of interest and a 50 lower processing rate for existing hdfc bank account holders allowing you to enjoy savings of up to rs. Axis bank charges a spread over the repo rate benchmark rate and the number that comes is the rate of interest for you. Axis bank charges interest in the range of 11 p a. Savings calculated on loan amount of rs.
Other than this the lender also offers higher loan amount and flexible tenure options hence making it more convenient for the people to repay the loan. Two wheeler loans are available in both secured and unsecured loan forms. Apply for bike loan at highly affordable interest rates and associated servicing charges. Interest rate offered by the banks also varies with the type of the two wheeler you are purchasing category of the applicant income level and type of the loan applied for.
With the repo rate linked lending rate the interest rates on your home loan can increase or decrease over your tenure based on the changes made by the rbi on the repo rate. No the interest rate for bike loan and super bike loan is different. What is the interest rate on the bike loan. Interest rate of the two wheeler loan varies from bank to bank and lender to lender.
Bringing home the ride of your choice has become easier than ever before with a two wheeler loan from axis bank. Axis bank personal loan comes with a low interest rate minimal documentation and fastest loan approval. Further the interest factor is also dependent on the type of two wheelers you wish to buy the income of the applicant age and occupation. We offer a high loan to value with minimal documentation and quick disbursals all at affordable emis to suit your needs.
Two wheeler loan interest rates starting from 7 25 get special rates on top bikes loans best offers from hdfc axis sbi and ltfs etc. Two wheeler loan emi of hdfc bank is a fixed amount that you pay each month towards the repayment of your bike loan till the end of tenure.