Generally everyone also thinks of buying a bike. Yes but only some may not have money. But only such people can get a loan from the bank and buy a bike of their choice. Yes thinking of getting a two wheeler loan? But you need to know one thing for sure. Great offer for bike buyers, these banks offers loan in low interest rate.
First of all, bike buyers to check which banks offer loans at low interest rates, but it is better to get a loan where you can get a loan at a cheap interest rate. Bank of India will offer loans at low interest rates starting at 8.25 percent. The central bank will also provide loans at cheap interest rates; the interest rate of this bank is 9.75 percent.
Interest rate on two wheeler loan in Jammu and Kashmir Bank is 9.85 percent while interest rate on loan in Punjab National Bank is 10.05 percent. Yes, the interest rate in Punjab and Sindh Bank is 10.2 percent and if you want to get a loan to buy a bike from Canara Bank, you will get 10.4 percent interest.
Axis Bank has a two wheeler loan interest rate of 11 percent while the country’s leading bank SBI has a two wheeler loan interest rate of 11.2 percent. Borrowing from Union Bank charges 11.3 per cent interest. Bank of Maharashtra has an interest rate of 11.35 percent and Indian Overseas Bank has an interest rate of 11.45 percent on a two-wheeler loan.
Interest rate in HDFC BANK is 12 percent. If you want to get a loan from UCO Bank, you have to pay 12.1% interest. Now the interest rate on two wheeler loan in South Indian Bank is 12.45 percent. It can be said that Bank of Baroda also has the same interest rate and Dhanalakshmi Bank has an interest rate of 12.5 percent.
Federal Bank also has a similar interest rate. Now interest rate in Karnataka Bank will be 13.1 percent. The interest rate in Karur Vysya Bank is 14 percent interest and it can be said that the interest rate of two wheeler vehicle loan is low in most of the banks. Looking at interest rates in non-banking finance companies.