One of the most popular bikes on the Indian roads are Bajaj Bikes. Models such as Avenger, Pulsar, Dominar, Platina, CT 100 and more are sought by youngsters for the travelling style and comfort the bikes provide. The bikes are sought for their biking technology and best-in-class performance. If you are looking to buy a Bajaj bike, a loan is one of the easiest and safest ways to own one.
Eligibility for Bajaj Two Wheeler Finance
We offer you a wide range of loan variants depending on your budget and choice of Bajaj Bike. But, before applying for a two wheeler loan with Bajaj Auto Credit, the applicant to fulfil certain two wheeler eligibility criteria:
The applicant should:
- Be at least 18 years of age at the time of application and less than or equal to 70 years for availing a Two Wheeler Loan.
- Be Salaried or a self-employed individual.
- Fall in the minimum income bracket required for availing two wheeler loans.
- Have a stable residential address for verification purposes.
- Be residing in the current city since last one year.
- Have a permanent phone number at the residence or office.
- Have a high credit score.
Required Documents for Bajaj Bike Loan
At the time of applying for a bike loan for a Bajaj bike, the applicant should have all the documents. The valid documents you must possess for verification are:
Accepted KYC Documents for an Individual Customers:
- Passport
- Driving License
- Voter’s Identity Card
- Aadhaar Card
- Job Card issued by NREGA
- Letter issued by the National Population Register
Deemed to be Officially Valid Documents (DOVD):
- Utility Bill*: Electricity, Telephone, Post-paid Mobile Phone, Piped Gas, Water bill
- Property or Municipal tax receipt
- Pension or Family Pension Payment
- Letter of Allotment of Accommodation from employer issued by State Government or Central Government Departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies and leave and license agreements with such employers allotting official accommodation.
*Utility bill, in the name of the customer, not more than 60 days old.
Bajaj Bike Loan Application Process
You can apply for a two wheeler loan at Bajaj showrooms and authorised service centres across India. We have a transparent and simple process. However, the easiest way to apply is online.
Here, is the online application process:
- Go to Bajaj Bike Loan Application Page
- Fill in personal and bike details
- Calculate your eligibility
- Proceed to loan approval
- Generate your loan approval letter
- Go to your preferred Bajaj dealership and get a bike.
Advantages of Bajaj Bike Two Wheeler Loan
Bajaj two wheeler finance offers the most comprehensive assistance to those who do not have the money. A Bajaj bike loan helps you in buying a bike of your dreams without worrying about finances.
Listed below are some of the benefits of Bajaj two wheeler loan:
- By choosing Bajaj two wheeler finance applying for a two wheeler loan is quick and convenient.
- Loan documentation is hassle free which results in fast disbursal of loan.
- Bajaj bike loan offers flexible and attractive interest rates with low-cost EMIs.
- Borrowers can opt for convenient repayment schedule.
- Two wheeler loans are offered to salaried professionals as well as self-employed individuals.
- Lower foreclosure charges in case you want to repay the loan before the specified tenure.
- In some cases, partial foreclosure is also permitted which allows you to reduce the loan tenure.
- Strong customer support through friendly call centre staff which answers all your queries in a timely manner in ten different languages.
- Borrowers in small townships can repay loan EMIs in cash if they don’t have a bank account.
- Customers with exceptional credit track record get special offers.
If you are looking to buy a Bajaj Bike, you can rest assured that the procedure for availing the loan from us is simple and straightforward. We offer loans on all variants of Bajaj bikes.
Contact us now and get a Bajaj bike loan with the lowest rate of interest!
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