Need to get around? Ab life mein pakado raftaar
Let it be for personal or business use, with our hassle-free Vehicle Loans, you can finally own your dream vehicle as you have always wanted to. Raftaar Loans gives customised financing options with maximum funding value to the on-road price of the vehicle.
Our loan approval and disbursal processes are quick, transparent, and require minimum documentation, making the whole loan application process simple and quick. Accelerating your dreams has now become easier now.
Wouldn’t life be dull without some swiftness? At Ujjivan Small Finance Bank, we help you materialise your dream of owning a two-wheeler, which promises to add comfort and convenience to your life. Owning a two-wheeler gives you the freedom to be where you need to be on time.
We offer up to ₹ 2.75 lakhs to buy the two-wheeler of your choice. Moreover, we endeavour to make the loan application process simple and straightforward requiring only basic documents and provide quicker decision time for loan sanction.
Avail our two-wheeler loans now to add speed and progress to your life!
Features & Benefits
- Customised financing options to cater to all types of 2-wheeler needs
- Up to 95% funding on the on-road price
- Flexible tenure options, ranging from 12 to 48 months
- Hassle-free documentation
- Competitive interest rates
- Easy repayments
- Age criteria: 18 to 59 years of age
- Salaried/Self-employed with minimum work experience of one year
Minimum Documents Required
- KYC documents
- One security cheque
- One passport size photograph
Schedule Of Charges
|Loan Amount||₹ 26,000 - ₹ 2,75,000|
|Loan Tenure||12 - 48 months.|
|Rate of Interest||21%- 23% p.a. (reducing balance).|
|Processing Fee||2% of loan amount (excluding applicable GST).|
|Documentation Charges||₹ 500 (excluding applicable GST).|
|Stamp duty||As per the state by-laws.|
|CERSAI Charges||At actuals|
|Late Payment Charges||2% flat on the overdue amount (excluding applicable GST).|
|Bounce Charges||₹ 450 per bounce.|
|Pre-closure Charges||Pre-closure of loan will attract a pre-payment penalty of 2 % p.a. of principal outstanding (excluding applicable GST).|