Bike Loan in Central Bank of India

I am planning to open an account in the Central Bank of India for taking the bike loan from this bank. Will you please provide me details of Bike Loan at Central Bank of India and also provide me lists of other banks Rate of Interest which offers the bike loan?

[Kiran Chandar]

Here I am providing you the details of Bike Loan at Central Bank of India please check the below details:

Purpose of loan:
Purchase of two wheeler.(New only)

Eligibility

All individuals of age 18 years and above and maximum upto the age of 65
Permanent salaried employees/ Self-Employed Persons / Independent Entrepreneurs who have regular source of income.
Farmers irrespective of land holding engaged in production oriented agricultural activities and in other allied activities.
Non-resident Indians
Companies / Proprietorships, Partnership Firm /Societies/etc

Margin

Loan Amount Upto Rs.20 lakh - Minimum 10%
Loan Amount More than Rs.20 lakh - Minimum 20%
Old Vehicle (Any Loan amount)- Minimum 25%

Rate of Interest:

Type: 2 Wheelers
Floating: Base Rate + 0.40%
Fixed Rate: ( Repayment within 36 months) Base Rate + 0.40%

Other Two Wheeler Loans Interest Rates in India:

Bank of Maharashtra
Two Wheeler Loans
10.30

Bank of India
Two Wheeler Loans
10.70

Syndicate bank
Two Wheeler Loans
11.00

Central Bank of India
Two Wheeler Loans
11.00

Corporation Bank
Two Wheeler Loans
11.00

Bank of India
Two Wheeler Loans
11.50