Best Companies that offer EMI Foryour Two-Wheeler: These are very easy to Access

by Samuel Charles SEO

Do you want to buy a two wheeler and there is a shortage of cash? Don't worry! There are various companies and banks, which will help you in buying a bike through an emi system. Additionally, we are going to inform you about the best two wheeler insurance policies in India. Let’s discuss some of the best companies and banks that offer an EMI.

Get Freedom to buy Two Wheelers with an affordable EMI

Each and every company has its minimum interest rate and maximum payment tenure.There is also a processing fee that will be added to your net amount.

Bajaj Finserv

Most searched lender, Bajaj Finserv will decide your interest rate concerning your motorbike's category. There are types of motorbike they selected- Low-Below, Medium- Between, High- Above.

SBI

SBI’s two wheeler loanshaveminimum interest of 11.95% p.a. maximum payment tenure is 36 months and the processing fee is 1.22%

HDFC

A renowned private bank, HDFC has a minimum interest of 11.42% p.a. maximum payment tenure is 48 months and processing fee is a maximum 3%.

Punjab National Bank

Punjab National Bank’s minimum interest rate is 10.20% p.a. maximum payment tenure is 60 months and the processing fee is Rs.275.

Bank of India

Last but not least, Bank of India. It has a minimum interest of 9.55% p.a. maximum payment tenure is 60 months and processing fee is 1% of the loan amount.

That other thing you should keep in mind that when you are buying a motorbike then the Insurance of your two wheeler is necessary. It also acts as a huge benefit in case of any damage, accident or loss of your motorbike. Besides choosing the best EMI Company, you have to be concerned about choosing best two wheeler insurance in India as well.

Sum it up

Nowadays two wheeler is not a dream that can't be true. If you want to buy a motorbike then just choose the best EMI company and the best two wheeler insurance, then ride in your favourite motorbike.