State Bank of India Two Wheeler Loan

Hello..Could you please give here detail about the Two Wheeler Loan scheme of State Bank of India (SBI)?

[shikha]

State Bank of India provide finance for purchase of new Two-wheelers through its Two Wheeler Loan scheme .

SBI Two Wheeler Loan:
Eligibility:

Age :
21-65 years of age.

Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment
or
Professionals or self-employed individual

Minimum Net Annual Income :
Rs. 75,000 (for regular petrol/diesel/gas operated scooters & motor cycles)
Rs. 60,000 (mopeds and battery-operated Two-wheelers)-

Loan features :

No Advance EMI;
Lowest interest rates ;
Lowest EMI;
LTV 85% of On Road Priceof vehicle;
Interest Calculated on Daily Reducing Balance;
Free Accidental insurance ;
Optional SBI Life cover;

Documents Required
Statement of Bank account of the borrower for last 12 months.

2 passport size photographs of borrower(s).
Signature identification from bankers of borrower(s).

Copy of passport /voters ID card/PAN card.

Proof of residence.

Copy of Income Tax

Proof of official address for non-salaried individuals

Contact :
State Bank of India
1800 425 3800