#1
16th May 2016, 03:19 PM
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SBBJ Bike Loan
Hello sir I want to purchase bike and for that I want to take loan from SBBJ so here can you please give me its eligibility criteria ?
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#2
16th May 2016, 03:19 PM
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Re: SBBJ Bike Loan
Hey as State Bank of Bikaner & Jaipur is an associate bank of State Bank of India Eligibility criteria An Individual between the age of 21 to 65 years. A Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or A Professional or self-employed individual who is an income tax assessee or Minimum Net Annual Income Rs. 75,000 (for regular petrol/diesel/gas operated scooters & motor cycles) and Rs. 60,000 (mopeds and battery-operated Two-wheelers). Processing Fee: 1.22% of Loan amount for Normal Bike Loans Super Bike Loans – 2.00% of the loan amount subject to minimum of Rs. 6,000/- and maximum of Rs. 20,000/- Repayment: 36 Months in Normal Bike loans & Up to 5 Years in Super Bikes Margin: 15% of the on the road price (which includes vehicle registration charges, insurance, one-time road tax) Rate of Interest SBI Two wheeler loan 17.90% p.a. Super Bike Loan Scheme 12.20% p.a. |