The following are some of the key benefits that you can expect to receive when availing a SBI 2-Wheeler loan:
- No need to pay an advance EMI in order to avail the facility.
- Benefit of one of the lowest loan interest rates in India.
- Flexible EMI payment option on any day of the month.
- Benefit of extremely low processing fees of around 1% of loan sanctioned.
- Complimentary accidental insurance through SBI General Insurance is provided to the loan applicant.
- Option available to applicant for availing SBI Life managed life insurance scheme (discounted rates may apply).
- Flexible repayment tenure of up to 36 months or 3 years.