Ujjivan Small Finance Bank Ltd Two Wheeler Loan

1. Competitive interest rates.
2. Flexible repayment options.
3. Quick and hassle-free application process.
4. Minimal documentation.
5. Doorstep service available.

1. Loan tenure up to 5 years.
2. Loan amount up to Rs. 1,00,000.
3. Attractive interest rates.
4. Quick and hassle-free application process.
5. Minimal documentation.
6. Flexible repayment options.
7. Doorstep service available.

1. Identity proof: Aadhaar card, Voter ID card, PAN card, or passport.
2. Address proof: Aadhaar card, Voter ID card, driving license, passport, or utility bill.
3. Income proof: Salary slip or bank statement for the last six months.
4. Passport-size photographs.

Q: What is a Two Wheeler Loan?

A: A Two Wheeler Loan is a type of loan provided by banks and financial institutions to help individuals finance the purchase of a two-wheeler vehicle such as a motorcycle or a scooter. These loans typically have a fixed interest rate and a predetermined repayment schedule.

Q: Who is eligible for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd?

A: Ujjivan Small Finance Bank Ltd offers Two Wheeler Loans to salaried individuals and self-employed individuals who meet the following eligibility criteria:

• The applicant must be between the ages of 18 and 65 years.
• The applicant must have a minimum income of Rs. 12,000 per month.
• The applicant must have a good credit score.
• The applicant must have a valid driving license.

Q: What is the maximum loan amount that can be availed for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd?

A: The maximum loan amount that can be availed for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd is Rs. 1 lakh, subject to the applicant's eligibility criteria.

Q: What is the repayment tenure for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd?

A: The repayment tenure for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd ranges from 12 months to 36 months, depending on the loan amount and the applicant's eligibility.

Q: How long does it take for Ujjivan Small Finance Bank Ltd to disburse the loan amount?

A: Ujjivan Small Finance Bank Ltd typically disburses the loan amount within 2 to 3 working days of the loan application being approved, subject to the completion of all documentation and verification processes.

Q: What are the documents required to apply for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd?

A: The documents required to apply for a Two Wheeler Loan from Ujjivan Small Finance Bank Ltd include:

• Application form with photograph
• Identity proof (such as Aadhaar card, PAN card, or passport)
• Address proof (such as Aadhaar card, passport, or utility bill)
• Income proof (such as salary slips, bank statements, or income tax returns)
• Bank account statements for the past six months
• Proof of age (such as a birth certificate or school leaving certificate)
• Vehicle quotation or proforma invoice

Q: Can I prepay my Two Wheeler Loan from Ujjivan Small Finance Bank Ltd?

A: Yes, you can prepay your Two Wheeler Loan from Ujjivan Small Finance Bank Ltd at any time during the loan tenure, subject to the payment of applicable prepayment charges as per the bank's terms and conditions.