Tired of waiting for the bus? Fed up of paying surge fares each time you book a cab? You should probably consider availing two-wheeler finance! Two-wheelers can be super convenient for the following reasons:
They help you save a lot of time that would otherwise have been spent in traffic
They’re easier to maintain as compared to four-wheelers
They’re more economical to run and insure
They’re less polluting
It’s relatively easy to get financing for a two-wheeler
With the rising demand for two-wheelers, bike loan has become a popular means for the people to buy a two-wheeler of their choice. In fact, the possibility of faster finance has led to the emergence of online application. With convenience and speed in place, more people are now opting for two-wheeler vehicle loans.
There are usually two types of two-wheeler loans:
It might be a wise idea to check how much you can afford and not go over the board with it. The best way to do that is to check the monthly installments that you have to pay and see if it resonates well with your monthly salary. It is much advisable to think long-term and and not let the monthly EMIs come in between other important expenses of your life. On that note, there are various NBFCs that now offer customisable repayment plans like Clix Capital.