- State/Central Govt employees/ employees of Public sector undertakings/ executives of reputed companies/establishments, & MNCs with minimum service of two years who are maintaining salary accounts with us under Banks’ corporate salary package will be eligible.
- Maximum Loan amount:
- 8 times of Net Monthly Income, maximum Rs.50,000/- EMI not exceeding 50% of NMI
- Minimum income criteria:
- Annual Net Income of Rs 150,000/-
- 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)
- Hypothecation of the two wheeler purchased out of bank finance.
Find details of state bank of travancore bike loan through State bank Of Travancore EMI calculator. Just enter the loan amount of bike you want to get financed and rate of interest. State bank Of Travancore EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.
|State bank Of Travancore|
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