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Allahabad Bank Two Wheeler Loan

Bank Link

https://www.allahabadbank.in/Loans.aspx
Loan Amount

85% of On Road Price
Interest Rate

11.80%
Tenure

12 to 48 months
Pre Payment Charges

2.25% of Outstanding Balance in case of Loan Takeover
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Service Charges

 Processing Fee Minimum Rs. 614

Self
Minimum Age (in yrs.)

21 to 60 years
Minimum Income (in Rs.)

minimum Rs. 1.8 Lakh
Minimum Work Experience (yrs.)

Residence Status (yrs.)

Valid Residence proof
Id Proof

passport, driving license, Voter’s ID card
Address Proof

ration card copy, telephone or electricity bill copy, copy of the passport or the rental agreement

DOB Proof

10th Class Certificate
Financial Docs

  • Application form

  • Recent Photographs

  • Driving License/ PAN/ Passport/ Voter ID

  • Rent Agreement/ Passport/ Leave and License

  • Last 2 years ITR

  • VAT/ service tax registration, business address proof
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.

Salaried
Minimum Age (in yrs.)

21 to 60 years
Minimum Income (in Rs.)

minimum Rs. 1.8 Lakh
Minimum Work Experience (yrs.)

Residence Status (yrs.)

Valid Residence proof
Id Proof

passport, driving license, Voter’s ID card
Address Proof

ration card copy, telephone or electricity bill copy, copy of the passport or the rental agreement

DOB Proof

10th Class Certificate
Financial Docs

  • Application form

  • Recent Photographs

  • Driving License/ PAN/ Passport/ Voter ID

  • Rent Agreement/ Passport/ Leave and License

  • Form 16, last 3 months pay slip, bank statement of 3 months
Disclaimer: The Details shown may be different from actual. Please confirm on the bank site before process.
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