Interest Savings with Overdraft
Pay interest only on utilized limit
Carry over your existing loan with additional refinance
Minimum - Rs. 5,00,000
Maximum - Rs. 500,00,000
Attractive Interest Rates
Starting from 11.0%
We all know that our Two Wheeler Insurance needs an extra financial push at times to run smoothly. And, for that economic boost, the Two Wheeler Insurance can be of your great help. And, in today’s time availing the Two Wheeler Insurance from banks, non-banking finance companies (NBFCs), government institutions, and even from the ventured capitalists is quite complicated. However, obtaining a Two Wheeler Insurance from any source of institutions has become breakthrough for any entrepreneur, and it helps to nurture the expanding in the market as well. And, if you are confused before applying for the Two Wheeler Insurance, make sure that you have read the following benefits.
Well, owners have the options to avail different types of loans to fulfill the specific Two Wheeler Insurance requirements. Borrowers can also choose the tenure of repaying the loan interest as per the need and demand. Once you have selected the tenure, be it the short or long term, you have all the rights to make payments accordingly.
Several leading banks and financial institutions offer Two Wheeler Insurance with guarantee or collateral which make it sufficient for small Two Wheeler Insurance owners to avail loans easily. Some banks offer interest-free loans until capital is not used. However, an online process has made much more relaxed than before for all the borrowers to keep track record and history of loan repayment.
Today, not only banks have been providing sufficient capitals, but also NBFCs and other companies are offering the same at very competitive interest rates. While charging very nominal fees and no hidden costs, the process of paperwork and documentation has also been simplified to a large extent.
The Two Wheeler Insurance helps the Two Wheeler Insurance owners to sustain their Two Wheeler Insurance from falling apart or going in a loss. So, for the sake of giving a new life and fresh air to your Two Wheeler Insurance tree so that it grows well in the future, Two Wheeler Insurance do play an important role.
Only after you have got the approval for the Two Wheeler Insurance, it is time for the submission of the documents. At times, to check your eligibility criteria, you might be asked to show the required documents even before the approval. All banks, NBFCs, VC firms have personalized requirements of the documents from the borrower. The paperwork for submitting the documents is essential in the process of obtaining the business loan or any loans. From the borrower side, it is mandatory to show and submit all the valid and proper documents like PAN cards, address proof, bank statements, sales turnover proofs (If there are any business enterprises), and much more.
Sole-Proprietor, partnership firms, MNC companies, etc., requires different types of documents. Once you are done with this process, you can access the funds in your account within minutes or a couple of days.
In the case of a partnership firm, a proof of identity of the partnership firm requires along with evidence of the individual identification of all the partners with the balance sheet of the last two/three years. All these documents need to be submitted with a copy of the partnership deed. If you are looking to apply Two Wheeler Insurance for a limited company, then proof of the limited company along with copies of memorandum and articles of association, certificate of incorporation, board resolution, and the copy of annual return establishing the shareholding pattern need to be submitted at the time of applying.
Before anybody apply for Two Wheeler Insurance, it is important to check the eligibility criteria. Only after you meet the eligibility criteria for the Two Wheeler Insurance, you can apply for the Two Wheeler Insurance. Though different financial institutions have their specific eligibility criteria, in most cases, they are same. Here, we have mentioned some of the basic Two Wheeler Insurance Eligibility, you can check them easily.
How to apply for Two Wheeler Insurance?
With Rupee Station, the entire process of loan-taking has been simplified to a large extent. You can get the loan amount in your account by just following a few simple steps:
Why choose Xolight Finance for Two Wheeler Insurance?