Bike and scooty became must part of our life. Because bike’s riding is cheaper than auto rickshaw’s fair. Every person should have a bike for local travel. If you want purchase a bike for your personal work but your budget does not allow to purchase a new bike with full price, then you can get new bike on easy loan.
There are many micro financier who provides loan for bike / scooty. These micro financier provides full amount of your favorite bike in single day. Theirs rule and conditions are not very vast. If you satisfy verbally them that how can you return their loan in maximum 3 year then they provide loans in easy way.
Some micro financiers take some mortgage as guarantee against loan. Some micro financiers gives loan to college student for bike on assurance of their guardians.
Some bike companies provides easy loan on their bike. Here is list of bike companies who provide easy loans –
(1) Hero Honda – For Hero Honda Passion, Hero Honda Hunk, Hero Honda Splendor plus.
(2) Bajaj Auto – For Bajaj Discovers, Bajaj Pulser, Bajaj Platina
(3) Yamaha – For Yamaha’s YZF – R15
(4) TVS Motors – TVS Apache, TVS Star City
(5) Mahindra motors – Mahindra Duro Scooty
If you are a government employee then your bank will provide bike loan very easily on very low interest. So, don’t wait for large amount and just go to your bank and take loan on easy installment for your favorite bike.