Two Wheeler Loan
There’s nothing quite like the excitement of owning a brand-new bike. At Cash Tree Co-operative Urban Thrift And Credit Society Limited, we understand this feeling and aim to make your dream ride easily achievable.
That’s why we offer convenient two-wheeler loan options, helping you finance your preferred motorcycle or scooter with ease. Get funding of up to ₹75,000 and hit the road faster without putting pressure on your savings.
In today’s world, a bike is not just a matter of pride but also a safe and essential mode of daily commute. To support your purchase, we provide affordable and flexible EMI plans designed to match your income and expenses, ensuring smooth financial management.
Ride your dream bike with confidence — because we are here to support your journey every step of the way.
Get a two wheeler loan of maximum upto 75,000/-
INTEREST RATE
- 1.50% P.M (Reducing rate of Interest)
CONDITIONS
- Must be a Member of the Society
- A lease agreement will be made with society's name and after repayment of the loan amount, complete ownership will be transferred.
- Share Money & Compulsory Deposit (CD) should be 10% each of the total Loan Amount.
- 1 Guarantor
DOCUMENTS REQUIRED
- Lease agreement of the bike.
- Bike quotation
- RC book and Driver's license attested photocopy.
- Photo ID Proof (Any like Voter ID Card, Aadhar Card, PAN Card etc.)
- Address Proof (Water/Electricity Bill Compulsory).
- Passport Size Photos (3 Latest).
- Income Proof (3 Months Payslip / Bank Statement, ITR File / Affidavit).
- 2 Blank Signatured AC Payee Cheques.
LOAN TENURE AND CHARGES
- Loan Tenure will be of maximum 48 months.
- Processing Charges of 3% of the Loan Amount.
- Non Payment of the EMI till the last date applicable will incur 1.75% Penalty Interest for that particular month on the member.