IDFC Bank Bike Loan: In this article, you will get information about IDFC Bank bike loan. If your dream is to buy a bike and you are short of money then you can join IDFC Bank’s Two Wheeler Loan.
Before applying for a bike loan, you should know what a bike loan is so that you do not have to face any kind of trouble in the future. IDFC Bank is providing bike loan facility to the customers at attractive interest rates.
IDFC Two Wheeler loan in Hindi
Bike loan is of both type Secured & Unsecured loan. You do not have to provide any collateral or security to take an unsecured bike loan, but you have to give collateral or security to take a secured bike loan.
If your credit score is very good then you can take advantage of the loan with the attractive bike loan interest rate of the bank. You can apply for IDFC Bank’s Two Wheeler Loan both online and offline.
in present time IDFC Two Wheeler Loan Interest Rate 9.99% p.a. starts with. To plan your loan, calculate your loan with the help of Two Wheeler Loan EMI Calculator which will help you to get the loan amount.
HIGHLIGHTS:
| loan name | IDFC Bank Two Wheeler Loan 2022 |
| lender | IDFC Bank |
| loan amount | Up to 95% of the bike price |
| interest rate | Starting at 9.99% p.a. |
| loan tenure | up to 5 years |
| processing fee | up to 4% of the total amount |
| Application Mode | online / offline |
| official website | www.idfcfirstbank.com |
IDFC Two Wheeler Loan Rate of Interest 2022
of this bike loan Interest Rate 9.99% p.a. which may vary according to your loan amount. The interest rate of IDFC Bank Bike loan is as follows:
| up to Rs.1.25 lakh | 18.99% |
| 1.25 lakh to 3 lakh | 14.99% |
| 3 lakh and above | 9.99% |
Before applying for a bike loan from any lender, you need to know about the interest rate of that loan. Bike loan interest rate plays an important role in the EMI of your loan.
Benefits and Features of IDFC Bank Two Wheeler Loan
- Anyone can fulfill their bike dream by joining IDFC First Bank bike loan.
- You can get loan up to 95% of the cost of the bike.
- IDFC First Bank Two Wheeler loan The interest rate starts from 9.99% p.a.
- You can apply for this loan both online and offline.
- You can get this loan with IDFC Bank EASY-BUY EMI Card.
- No new KYC required.
- A new repayment order is not required.
- Applicants can get a pre-approved loan up to Rs.6 lakh depending on their eligibility.
- You can take this loan for a loan tenure of 5 years.
- You can check your eligibility online by visiting the bank’s official website, so that you can get an idea of how many loans you can apply for.
- You can pay your loan through Equated Monthly Installments (EMIs).
- You can apply online through the bank’s mobile app or website.
- You can pre-pay your loan but partial payment is not allowed.
IDFC First Bank 2 Wheeler loan Eligibility
- Applicant must be a resident of India.
- Your CIBIL score should be good.
- Applicant’s age should be more than 21 years.
- You must be 18 years of age or above to add a co-applicant.
- Other eligibility
IDFC Bank Bike Loan Documents Required
For more information about the document, you can also visit your nearest IDFC Bank branch and contact:
- Passport size photo.
- Address Proof / Identity Proof: Passport, Aadhar Card, Driving License, Voter ID.
- proof of identification
- loan application form
- Other Documents
How to apply for IDFC Bank Two Wheeler Loan?
You can apply for this loan both online and offline. Follow the steps given below to apply for the loan:
IDFC Two Wheeler loan Apply Online
- After visiting the website, in the option of Loans two wheeler loan Click on the option.
- All the information related to bike loan will come in front of you.
- You have to read all this information.
- to apply Apply Now Click on the option.
- Verify with the help of your mobile number.
- After this a form will open in front of you in which you have to enter some important details.
- And submit the form.
- After this the representative of the bank will contact you and the loan process will be issued further.
How to apply offline?
- To apply offline, you have to visit your nearest IDFC Bank branch.
- Contact the bank representative who will provide you complete information about the bike loan.
- You will have to fill a form with which you have to attach the required documents and complete some process of the bank.
- After this the form has to be submitted in the bank.
- If your loan is approved then the loan amount is transferred to your bank account.
How to Check IDFC Two Wheeler Loan Status?
If you have applied for this loan then you can check the status of your application both online and offline. Offline you can check by visiting your nearest bank branch and you can track the status of your application online by visiting the bank’s official website.
Apart from this, you can also check the status of your application with the help of mobile app of IDFC Bank.
IDFC 2 Wheeler loan Fees and Charges
| EMI bounce charges | Rs 400 |
| Late Payment / Penalty Fee / Default Interest | 2% of the outstanding EMI per month or Rs.300 whichever is higher |
| check swap fee | 500 rupees |
| Cancellation and Rebooking Fees | 1000 rupees |
| Foreclosure/Prepayment Charges | 5% |
| loan rescheduling fee | No |
| Duplicate No Objection Certificate issuance fee | 500 rupees |
| physical repayment schedule | 500 rupees |
| physical statement of account | 500 rupees |
| document retrieval fee | 500 rupees |
| stamping charges | according to actual |
| processing fee | up to 4% of the total amount |
| list of documents | No |
| part payment fee | Partial payment is not allowed |
| Initial Money Deposit / Application Fee ( | No |
| easy purchase card replacement fee | 99 rupees |
| EBC and Push Card Fees | Rs 499 |
| admin fee | up to Rs 1200 |
| PDD Fee | up to Rs 1000 |
| Other charges | up to Rs 1000 |
| EMI pickup/collection charges | Rs 350 |
| Pre EMI | Rs 350 |
| Security Post Dated Check Exemption | 500 rupees |
| Legal/Collection/Possession and Incident Charges | according to actual |
| assessment fee | according to actual |
IDFC Two Wheeler loan Customer Care Number
- Customer Care Number: 1860 500 9900
Conclusion
In this article we have you IDFC Two Wheeler loan in Hindi Tried to give complete information about it. If you are unable to buy a four wheeler then you can apply for a bike loan in which IDFC Bank will help you.
If you are facing any kind of problem in applying for the loan, then you can get information by calling IDFC customer care number.
IDFC Bank Bike Loan Questions:
The interest rate starts from 9.99% p.a.
You can check your bike loan status by visiting the bank’s official website or visiting your nearest bank branch.
Yes, you can buy a bike with the help of EASY-BUY EMI Card.
Up to 95% of the price of the bike.