
Old Bike and car Loan – Important Terms & Conditions
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Eligibility: Age 21–65 years, minimum income ₹15,000/month.
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Loan Amount & Tenure: Up to 80–90% of bike value, 1–5 years.
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Interest Rate: Fixed or floating, depends on lender & bike age.
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Vehicle Age Limit: Usually not older than 7–10 years.
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Documents Required: KYC (Aadhaar, PAN), Income proof, Vehicle RC & Insurance.
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Insurance: Comprehensive insurance mandatory till loan closure.
