State Bank Of India Two Wheeler Loan Application

Sir I have purchase Amaze 141 , 500 cc engine and I want to take the two wheeler loan on my bike from State Bank of India . Would you tell me what are the schemes provided by SBI on Two Wheeler ? I want to submit Two Wheeler Loan Application in SBI , please guide me how can I apply and what are documents will require ?

I already have an account in the State Bank Of India and want to take Two Wheeler Loan from here searching for application details. Will you provide me State Bank Of India Two Wheeler Loan Application details along with eligibility to apply for this loan also provide contacts?

[pooja]

SBI provide the best Two- Wheeler loan scheme for you to take a loan for purchase of new Two- Wheeler.

SBI offers you:
No Advance EMI;
Lowest interest rates ;
Lowest EMI;
Interest Calculated on Daily Reducing Balance;
Flexibility of payment of EMI anytime during the month;
Low processing fee (only 1.22% of loan amount);
Free Accidental insurance ;
Optional SBI Life cover;

The Scheme
Purpose

To provide finance for purchase of new Two-wheelers viz. scooter/motor cycle/ moped/battery-operated vehicles.

Eligibility

To avail an SBI Two Wheeler Loan, you should be:

Individual between the age of 21-65 years of age.
A Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or
A Professionals or self-employed individual who is an income tax assessee or
Person engaged in Agricultural 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)

Documents Required

The following papers are to be submitted along with loan application:

Statement of Bank account of the borrower for last 12 months.
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

Contact:

State Bank Bhavan,
Corporate Centre, ,Madame Cama Road,
Mumbai.