SBT Bike loan Interest Rates – Documents, Eligibility Online
State Bank of Travancore Two wheeler loans: Get best interest rates & lowest emi, easy repayment options for 2 wheeler loans.
Eligibility:
Salaried employees / executives of reputed companies / establishments / Pensioners who are maintaining salary/ pension accounts with us where recovery of installments at source is possible.
State Bank of Travancore Two Wheeler Loan Interest Rates 2018
| Scheme | Interest Rates |
| Interest rates | Check Here |
✓ Maximum Loan amount: 15 times NMI, maximum Rs.50,000/-
✓ Minimum income criteria: Annual Net Income of Rs 150,000/-
✓ Margin: 20% of the cost of the vehicle including insurance & life tax
✓ Period of the Loan / Repayment : 36 months or 3 years
✓ Processing fee: RS 150/- ( upfront)
✓ Repayment Options available – 72 months or 6 Years for Two Wheeler Loans.
Security:
Hypothecation of the two wheeler purchased out of bank finance.
Personal Guarantee of one person in the absence of check facility.
In case of existing Housing loan/ Suvidha loan borrowers , extension of Equitable Mortgage of house property.
Other Available Products of State Bank of Travancore
✓ SBT Home Loan
✓ SBT Housing Loan
✓ SBT Car Loan
✓ SBT Personal Loan
✓ SBT Two Wheeler Loan
✓ SBT Consumer Durable Loans
✓ SBT NRI Car Loans
