Bikes are a popular form of transportation for students in India and may be found in nearly every middle-class household.
Two-wheelers are quite popular among 18 to 21-year-olds. Additionally, they're a wise financial decision because of how easy, safe, and convenient they are to use.
However, banks are aware that numerous students must rely on their parents' income since they lack the means to purchase a two-wheeler. Loans for two-wheelers are available for students who are pursuing their ambition of riding a motorcycle.
Student bike loan gives you the flexibility and control you need to effectively manage your current cash flow and outgoings.
Benefits:
Increasingly, young people in India want to acquire superbikes and cruiser bikes with the help of two-wheeler loans. You may get the bike you desire by taking out a bike loan and making monthly payments you can afford.
A special loan for students to make their life a little simpler.
Loan processing will need little documentation, immediate and paperless approvals.
Loan amounts can be tailored to meet your specific requirements.
Loan repayment options that are flexible
Payment is simple.
Expert advice to speed up and ease the process of applying for a loan.
Due to the availability of low monthly payments, a two-wheeler loan is the most convenient option for students. With the help of a student bike loan from IndusInd Bank you may buy a scooter, a bike or a superbike. Students may now apply for a two-wheeler loan in a matter of minutes.
Students' two-wheeler loan paperwork must have the following items:
Proof of identity - Passport, Aadhaar card, voter ID card, driving licence, and PAN card are acceptable forms of identification.
There are several ways to prove your residence, including an Aadhaar card or passport or voter ID card or phone bill or driving licence or electricity bill or gas connection bills or an Insurance Company of India (LIC) policy.
Proof of income: ITR, pay stub, form 16, or a salary credit on a bank statement
Comments