SBI Two Wheeler Loan Interest

Hello Guys , I want to Apply for Two Wheeler Loan in State Bank of India Interest , Here Any One Can please tell me What is the Required Eligibility and Interest Rates ?

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State Bank of India offers Uper Bike Loan Scheme for the Purchase of New Super Bikes( Bikes with 500 cc or more engine capacity).

Applicant should be more than 21 years old at the time of apply for loan.

Eligibility for SBI 2 Wheeler Loan:

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

A Person engaged in agriculture and allied activities.

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)

SBI Two Wheeler Loan Interest Rate :

Loan Amount Repayment Time Interest Rate EMI Per Month

Rs.50,000 9 Months 17.90% Rs.5978.09
Rs.50,000 1 year 17.90% Rs.4581.62
Rs.50,000 1.5 Year 17.90% Rs.3187.91
Rs.50,000 2 Year 17.90% Rs.2493.79
Rs.50,000 2.5 Year 17.90% Rs.2079.5
Rs.50,000 3 Year 17.90% Rs.1805.11

Documents Required for SBI Two Wheeler Loan

Statement of Bank account of the borrower for last 12 month
2 passport size photographs of borrower(s
Signature identification from bankers of borrower(s)
A copy of passport /voters ID card/PAN card
Proof of residence
Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons
Copy of Income Tax Return for last two financial years, duly acknowledged by ITO for professionals, self-employed and others
Proof of official address for non-salaried individuals