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List of Documents for a Two-Wheeler Loan
Posted on Wednesday, July 21st, 2021 | By IndusInd Bank
When you are going to take an online two-wheeler loan, you have to be ready with various documents that can help you get the loan amount without any complications and without taking much time.
In this article, you will understand the set of crucial documents for a two-wheeler loan. To maintain the trust with your lender, you have to be ready with these documents before applying for the two-wheeler loan.
These documents will help you get your dream bike in one go in a stress-free manner. The documents required differ on case to case manner basis various factors. Eg: salaried individual bike loan documents are different from the self-employed individual’s bike loan documents.
Let us understand about these crucial documents that can help a person to take his/her dream bike without any complications.
● Photo ID and Age proof: A person with an age of 21 can apply for the loan, and he needs to provide his photo ID with his clear name and date of birth on it.
● Residence proof: Every person must submit proof of residence. It can be a valid passport, voter ID card, driving license, or bank passbook.
● For a salaried person, the last 6-month salary slip and the form 16 or Income-tax return.
● A self-employed person has to submit 6-month bank statement, income proof document and also residence ownership certificate is optional.
IndusInd Bank offers instant and hassle-free two wheeler loan to customers. You can apply for the a two wheeler loan here.
Disclaimer: The information provided in this article is generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. Hence, you are advised to consult your financial advisor before making any financial decision. IndusInd Bank Limited (IBL) does not influence the views of the author in any way. IBL and the author shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information.
