SBI Two Wheeler Loan Eligibility

dear sar I m intarsd sbi two wheeler

hi, iam also one of the customer in Sbi bank. i want to take bike from SBI Loan. but my salary account is HDFC bank. can u tell me any posibilities to take loan from sbi. can u send me the details to my mail id: venki.nakka3113@gmail.com

i want to take two wheeler loan

I want to two wheeler for TV50 Heavy duty XL Super around cost of Rs.38000/=

what are the document needs and other terms and condition

I hv already take a 2 lakh loan against my FD of rupees 12 lakh....now for a urgent purpose I want 3 lakh...is it possible that I take another loan rupees 5 lakhs againt that same FD and returning 2 lakh to the bank which is the previous loan amount from the second load, 5 lakh..plzzzz help me out

I want to take State Bank of India Two Wheeler Loan and for that I want to get the eligibility criteria so can you provide me that?

I want to issue Two- Wheeler loan from State Bank of India (SBI ) . Please give here detail about the Two Wheeler Loan scheme of SBI?

Can you please give me some information about State Bank of India Two Wheeler Loan? Bcoz my father want to take loan…. So I need some information about it…..

State Bank of India was founded in July 1, 1955, it is an Indian multinational, Public Sector banking and financial services company and it is a government-owned corporation.

2-WHEELER LOAN:

Purpose
To provide finance for purchase of new Two-wheelers viz. scooter/motor cycle/ moped/battery-operated vehicles.

Eligibility

To avail an SBI Two Wheeler Loan, you should be:

Individual between the age of 21-65 years of age.
A Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or
A Professionals or self-employed individual who is an income tax assessee or
Person engaged in Agricultural and allied activities.
Minimum Net Annual Income Rs. 75,000 (for regular petrol/diesel/gas operated scooters & motor cycles) and Rs. 60,000 (mopeds and battery-operated Two-wheelers)-

Documents Required

The following papers are to be submitted along with loan application:
Statement of Bank account of the borrower for last 12 months.
2 passport size photographs of borrower(s).
Signature identification from bankers of borrower(s).
A copy of passport /voters ID card/PAN card.
Proof of residence.
Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons
Copy of Income Tax Return for last two financial years, duly acknowledged by ITO for professionals, self-employed and others.
Proof of official address for non-salaried individuals

Margin
15% of the on the road price (which includes vehicle registration charges, insurance, one-time road tax).

SBI Two wheeler loan
Interest rate

8.60% above Base Rate i.e. 17.90% p.a

Fees and charges:
2-WHEELER SCHEME
1.24% of loan amount Min: Rs. 260.00, Max: Rs. 517.00

__________________
Answered By StudyChaCha Member

Can you please give here detail about the eligibility for issue Two Wheeler Loan from State Bank of India (SBI)?