Funding a two-wheeler with the help of loans is noticeably the most economical and secure approach. Loans help you buy the choicest two-wheeler without spending your savings. And to brace this, given below is the complete list of reasons.
Low-Interest Rates
The interest rates of a Two wheeler loan mostly start at 7.25%, allowing you to purchase and pay off your loan through small EMIs comfortably.
Flexible Repayment Method
The repayment methods of these loans are very flexible. You can choose EMI and tenure according to your comfort. Moreover, you can also use a bike loan EMI calculator to get an idea of the EMI amount.
Less Time-Consuming
The time taken for documentation and approval is significantly less for a two wheeler loan. Some also offer options to apply online, simplifying the proceedings.
Minimum Down Payment
Most two-wheeler loans facilitate a small down payment. They offer finances up to 95% of the total price, helping you buy your dream bike at a low cost.
Conclusion
The bike loan EMI calculator is the unique feature offered by Bajaj Auto Finance that helps compare and decide interest rates and EMIs before making the final decision. Moreover, two-wheeler loans like the ones provided by Bajaj Auto Finance allow you to borrow 100% of the ex-showroom price.
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