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Top Bikes Loans and Banks

Top Bike Loans With Low EMI Rates: Bikes are one of the most common things in India lower-middle-class person also have the bike nowadays, for youngsters its a new fashion, with all new low emirates and finance provided by the banks, the bike is available for a low down payment, sometimes it goes as low as 5000, most the bike owners buy the bikes on Emi and Interest rates, here we are going to tell you about the best Bike Emi Loan that is available in India with all details.

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The list is made on the various sources from internet and Banks website, it is advised to verify the information from bank end if you are ready for purchase, here goes the list of Best Bike Loans and Emi Available In India With the lowest interest rates.

State Bank Of India

State Bank Of India is everywhere when it comes to getting Car Loan, Home Loan, or Even Bike loan, they provide one of the best loan facilities in the country with branches at the village level also. If you are planning to take loan of Rs. 1.50 Lakhs from SBI the Minimum Interest would be 11.95% and Maximum Interest Would be 17.75% , with the EMI starting from Rs. 5,404, there would be 1.22% of the processing fee of the total loan amount. The total time given to pay the loan would be the tenure of 10 Years. You can buy any bikes from this loan ranging from Normal Scotty to superbike.

Calculated On ;

Loan Amount – 1,50,000
Minimum Int. Rate @ 11.95
Maximum Int. Rate @ 17.75
Processing Fees – 1.22%
Time – 3 Years

Bank Of India

Bank of India Provides one of cheapest Bike loan services in India the Interest rate for this is lower than State Bank Of India, The Interest Rate takes by Bank Of India is @ 9.55% with the EMI of Rs 4,808 only, there would be the processing fee of 1% ranging from Minimum 500 and maximum 10,000. You can buy any bikes from this loan too although its Superbike or the Normal 100 Cc Bike

Calculated On ;

Loan Amount – 1,50,000
Minimum Int. Rate @ 11.42
Maximum Int. Rate @ 22.45
Processing Fees – 3 %
Time – 3 Years

HDFC Bank

HDFC Banks is known for its Customer Satisfaction and Royalty, they are also in the list of some of Good Bike Loan Providers in India. The Minimum Interest rate charged by HDFC banks on their loan in 11.42% while the maximum is 22.45% one of the highest India, the EMI starts from Rs. 5,764 and the processing fee would be of 3% of the total loan amount, again you can purchase all types of bikes from those ranging from superbikes to normal daily use bikes.

Calculated On ;

Loan Amount – 1,50,000
Minimum Int. Rate @ 9.55
Processing Fees – 1 %
Time – 3 Years

So This was our Top 3 choices, we would also like to add another bank in the list as they provide special plans for the women borrowers

Punjab National Bank

Calculated On ;

(For Female)
Loan Amount – 1,50,000
Minimum Int. Rate @ 10.20
Processing Fees – 275
Time – 3 Years

(For Male)
Loan Amount – 1,50,000
Minimum Int. Rate @ 11.70
Processing Fees – 275
Time – 3 Years

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