Find details of central bank of india bike loan through Central Bank Of India EMI calculator. Just enter the loan amount of bike you want to get financed and rate of interest. Central Bank Of India EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.
Central Bank of India Bike Loan eligibility, Interest Rate, documents and process
Eligibility:
Permanent salaried employees of Central / State government / Local self government / Defence staff / employees of PSU / Large Corporates / reputed establishments.
Self-Employed Persons / Independent Entrepreneurs who have regular source of income.
Farmers irrespective of land holding engaged in production oriented agricultural activities and in other allied activities.
Non-resident Indians in India jointly with a resident of India who is a close relative of the NRI. The vehicle is for use in India only.
Staff of our bank.
Finance may be extended individually or jointly with family member (mother, father, son, spouse, brother, sister or daughter), who has regular source of income i.e. income of the co-borrower may be clubbed to calculate eligible loan amount.
ii. Companies / Proprietorships, Partnership Firm /Societies/etc.
iii. Minimum Income Criteria (Gross Income)
Salaried Persons:
For Two wheelers – Rs.5,000/- p.m.
Other than salaried persons:
For Two wheelers – Rs.60,000/- p.a.
Rs.500/- per proposal for 2 wheeler
