Attractive loans for Hybrid Bicycle

Yes, you can avail up to 90% of the bike amount as a loan.

Anyone can get a loan. But, they must be at least 21 years old and earn a minimum of ₹12,000 per month, and have been working with a company for at least 1 year.

If you fulfil the  loan eligibility criteria, you will not need a guarantor. However, if you think that you do not meet the criteria, you can get one on board. You can also present a guarantor to simply increase your chances of getting the bike loan.

The minimum down payment for loans can be anywhere between 10-15% of the loan amount. It will depend upon the lender. The down payment amount will also depend on the cost of the bike and your own repayment capability.

Yes, you can get a loan as a student with no income, but you will need to get a guarantor on board. The guarantor, who will become the co-applicant of your bike loan, must fulfill the bike loan eligibility criteria and have a stable source of income.