State Bank Of Mysore Bike Loans

Find details of state bank of mysore bike loan through State Bank Of Mysore EMI calculator. Just enter the loan amount of bike you want to get financed and rate of interest. State Bank Of Mysore EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.

State Bank Of Mysore
State Bank Of Mysore

New Bike Loan Rates

Down Payment
Processing Fee
Interest Rate16.05
Document Charges

Loan Eligibility Calculator

State Bank of Mysore Bike Loan eligibility, Interest Rate, documents and process

  • Eligibility
  • Permanent employees of Leading Newspapers
  • Minimum net salary Rs. 5000/- per month
  • Loan Amount:
  • ¬†12 times of Net monthly income.
  • ¬†Minimum Rs. 10000/-. Maximum Rs. 1,00,000/-
  • Margin: 10%
  • Security:
  • Hypothecation of the articles / Vehicles purchased
  • Guarantee:
    • No guarantee needed if check-off facility is available
    • Acceptable third party guarantee if check-off facility is not available
    • Insurance:
    • 10% above the market value of articles
    • Processing Charges:
    • 0.50% with a maximum of Rs. 500/-