Loangranted is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI)*

Bike Loan In Mysore from Loan Granted helps you to buy your dream bike with ease. It’s a passion for youngsters to have a bike so that they can commute to places. Owning a bike is simple if you avail bike loans from Loan Granted. Our loan is unsecured and is approved instantly after you apply. Disbursement will take not more than a day. Having a bike gives you more memories as you go on road trips with your friends. Enjoy a hassle-free ride with bike loans from Loan Granted, when your budget seems short. We thereby reduce your waiting time by providing flexible financing and loan facilities according to your convenience.

Bike Loan In Mysore: Features and Benefits

Loan Granted is a loan offering from Vivifi India Finance Private Limited, a non-banking finance company (NBFC) registered with the Reserve Bank of India (RBI), offering Mysore’s quickest online bike loans that can be disbursed within a day and with a loan provision of up to INR 2,00,000 by not compromising on any guarantees. The complete process is online, quick, simple, hassle-free and paperless; where eligibility criteria is considered an important factor along with the submission of some general documents. Loan Granted provides a customized personal loan as bike loans, making it much more appealing with the benefits mentioned below:

  • Complete online and digital - The loan processing is completely online, where you can fill the online application form and submit your details, along with the submission of some basic documents.
  • Immediate cash 24*7 - Bike loans are offered instantly as soon as your loan gets approved with less turnaround time.
  • Swift verification - The loan application is quickly processed and the loan eligibility of the applicant is promptly determined.
  • No collateral loans - Loan Granted offers bike loans without any collateral. Hence, the borrower is not required to submit his assets as security, to acquire a bike and is also free from risk in case of non-payment.
  • Unlimited withdrawal - You can borrow cash immediately, once you have paid your earlier borrowed amount. Hence, reducing the additional time while applying for a fresh loan.
  • Prepayments made easy - If you have excess cash and want to prepay all amount at once, then you can easily do it as we don’t levy any additional charges for prepayments.

Bike Loan In Mysore: Eligibility

Having a bike has its own sense of pride as you don’t need to depend on any other person to commute. Considering, today's road traffic, it is good to maintain a bike as the preferred mode of transport. Loan Granted bike loans come with exciting features like easy repayment options with flexible tenure and pocket-friendly EMIs so that you can buy the dream bike you have always aspired for.

Loan Granted provides bike loans for salaried professionals, where you can apply for it completely online. You need to register and fill the loan application form, once your request gets approved, then the funds will be transferred into your account. This eliminates the need for paperwork. Listed below are the eligibility criteria that are required to get a bike loan approval online.

  • Must be of Indian origin
  • Must be 21 years or above
  • Should be a salaried individual and income should be at least INR 8,000

A higher credit score builds higher chances of loan credibility. Your creditworthiness is defined with the CIBIL score you have achieved. A credit score is generally a 3-digit number ranging from 300 to 900, reflecting how you have dealt with your loans or credit cards in the past.

Loan Granted shall verify your eligibility for a bike loan through your CIBIL report and if you have been paying your credit card bills and loan amount on time, then your credit score will increase thus making you a trustworthy borrower.

Documents Required to Apply for a Bike Loan In Mysore

Listed below are the mandatory documents required to get a bike loan approved online at Loan Granted:

  • Address proof like Passport / Rental Agreement / Ration Card / Electricity Bill / Telephone Bill / Gas Bill, etc.
  • Identity proof like Voter’s Id / Aadhaar card / Passport / Driving Licence, etc.,
  • Income proof like Payslips and Bank Statements of the last 3 months
  • Passport size photographs
  • PAN card

Loan Amount

Avail bike loans from INR 500 to INR 2,00,000 with Loan Granted. Based on your eligibility, the loan amount differs.

Loan Tenure

The tenure of a bike loan at Loan Granted is up to 3 years. The borrower can choose a loan tenure as per his convenience.

How to Apply for a Bike Loan In Mysore at Loan Granted?

Find below the step-by-step procedures to get a bike loan in a day:

Step 1 - Visit the Loan Granted website and click on apply now; you will be then redirected to the online loan application form page.

Step 2 - Fill in your personal, employment, and income details, as requested.

Step 3 - Submit the loan application form along with the requested documents.

Once your loan is approved, the funds will be transferred to your bank account within 24 hours or in a day.

Everyone has a dream to fulfil, but not all dreams are achieved easily. You can achieve even those unfulfilled dreams through Loan Granted. If you are running short of money but would like to ride your dream bike home, then apply for a bike loan with Loan Granted right away.

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FAQs


You can quickly apply for a bike loan with Loan Granted using our simple online application form.
The mandatory documents required to apply for a bike loan with Loan Granted are:
  1. Identity proof
  2. PAN card
  3. Address proof
  4. Bank statements for the last 3 months
  5. Salary slips for the last 3 months
  6. Photo
No! Loan Granted bike loan can be availed by only salaried individuals with a minimum salary of INR 8,000.
To be eligible for our bike loan, you must be an Indian citizen with a minimum of 21 years of age.
Loan Granted bike loan is approved almost instantly.
You can borrow as low as INR 500 and up to INR 2,00,000 with Loan Granted.
The loan tenure is up to 3 Years (Open-ended)
No, this is an unsecured loan. You don't need to provide any security, guarantors, or collateral.
Yes, you can prepay your loan. Loan Granted doesn't levy any prepayment fee.
A bike loan from Loan Granted can be utilized for any of your needs. There are no restrictions on usage!
Net Banking Verification is a revolutionary process used by banks, lenders and other financial institutions to verify the financial status of a potential customer. While applying for an online bike loan with Loan Granted, you can choose the EBV option instead of 'Upload Your Documents' option to get bike loan approval.
Your bike loan application with Loan Granted will be rejected if your profile doesn't meet our eligibility requirements.
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