2 Wheeler Loans
Overview

Owning a two wheeler business has never been this easy. Our two wheeler loans provide 90% of the on-road price of the vehicle, simple interest rates and easy EMI's. You can pay at your own time bound manner at any of the Muthoot Fincorp branches across the country.

The Muthoot Pappachan Group, with a reputation that has been shaped over decades with high quality practices, total customer satisfaction and steady growth in the field of business, built on God-given values of trust, truth, transparency and tradition and has become one of the top business houses today by the grace of God.

Key Benefits and Features

Owning a two wheeler business has never been this easy. Our two wheeler loans provide 90% of the on-road price of the vehicle, simple interest rates and easy EMI's.

Owning a two wheeler business has never been this easy. Our two wheeler loans provide 90% of the on-road price of the vehicle, simple interest rates and easy EMI's.

Flexible repayment options, ranging from 12 to 36 months.

Special schemes to suit customer's needs.

Attractive interst rates.

Spot approval scheme.

Loan approval in 30 Minutes.

We provide loan under income base, No income base and Asset proof base.

Hassle free loans - no postdated cheques required.

Repayment through NACH and online payment aslo available.

Easy and simple documentation

We provide loans up to 100% for specific models under specific schemes*

2 Wheeler Loan Eligibility

In order to find out if you meet our used car eligibility, you have to fulfill only a few conditions after which we process your loan.

01

Easy and simple documentation

02

Age between 18 (at the time of application) and 65(at the end of loan tenure)

03

Minimum net income of Rs.96000/- p.a. for salaried profile / net profit of Rs. 1,20,000/- p.a. for self employed profile

04

Residence stability: minimum one year in the current address.

05

Job/Business stability: minimum one year in the present job

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DOCUMENTATION

Valid identity proof: Any one of passport / Adhaar card / voters ID card / driving license / PAN card

Valid identity proof: Any one of passport / Adhaar card / voters ID card / driving license / telephone bill / electricity bill / gas connection bills / ration card / LIC policy.

Income proof: ITR / for 16 / pay slip / salary credit in bank statement

Asset proof: Latest land / building / house tax reciept

Recent passport size photo

EMI Calculator

Monthly EMI

₹ 22,546

Principal Amount

₹ 25,00,546

Monthly EMI

₹ 28,21,546

Monthly EMI

₹ 53,22,546

SALARY

₹ 5,000
₹ 5,00,000

MONTHLY TENURE

₹ 0 YRS
₹ 5 YRS

OTHER EMI

₹ 5,000
₹ 5,00,000

Frequently Asked Questions

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