Second Hand Bike Loan
Many people have a query whether there is something called second hand bike finance really available hassle-free. If you are looking to purchase a used bike or two-wheeler of your own but lacking money, no worries here is a great option to go with. You can buy your favourite bike or two-wheeler with a used two wheeler loan. Do you face issues in arranging money for second-hand vehicles? Have a look at Lenditt that helps individuals who prefer to own a bike or two-wheeler for their day-to-day use by providing second hand bike loans.
Travelling on their own bike is still a dream for many boys and girls. It saves a lot of time for people who travel a long time and spend hours in it.
Lenditt gives second hand two wheeler loans for used bikes and two-wheelers where you can purchase used bikes or two wheelers. Also, this is going to be a short term loan for only 61-90 days and the interest rates are much affordable compared to the market range. Getting a second hand bike loan is not so easy in the market. You need not submit your bike documents until you repay. Once you get your bike it's all yours.
Lenditt helps you with second-hand bike finance with contact numbers and basic documents where you don’t have to shell off your savings in one go. You can avail of two-wheeler loans with low second hand bike loan interest rate, hassle-free documentation, quick processing, and loan insurance on a two-wheeler through a second hand bike finance company.
Know about used bike loan EMI
There are very few people giving loans for used bikes or two-wheelers. Among very few, it's hard to find the right one. Lenditt gives you a second hand two wheeler loan without any name transfer until you repay the loan. It doesn't demand any security for lending you money to purchase your bike.
How To Apply
- Avail second hand bike loan or whatever your need is with the Lenditt app. For this, you need a smartphone and internet, so that you can download the app Lenditt from the play store and register yourself where the details will be verified via OTP.
- You can select the amount required and select the tenure you wanted to pay. You can also do prepayment without any extra charges.
- You will be charged a processing fee during approval and also you can pay only for the number of days you borrow.
- Also, Lenditt doesn't ask you for any paperwork when you apply for a used bike loan. Only digital documents are required. The team also doesn't disturb you with any calls, messages, or emails further. All EMI or part payment amounts will be updated in the app.
Why Should You Opt for a Loan for Used Bikes from Lenditt
Although many used bike loan providers are on the market right now, Lenditt stands apart for the reasons listed below.
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Low-Interest Rates
The main benefit is that borrowers can obtain second hand bike loans at low rates, starting at around 0.1 to 0.3% per day. -
24 Hour Disbursement
After your used bike loan application has been approved, the cash will be credited to your account within 24 hours. -
Minimal Documentation
Just three documents—proof of identification, proof of address, and proof of income—are required. -
Loans with Low Credit Score
Even with a somewhat poor credit score, you can still qualify for a loan according to Lenditt's innovative credit assessment approach. -
The flexibility of Loan Amount and Repayment Term
You can select any second hand two wheeler loan amount up to Rs. 50,000 and a payback period of up to 12 months, depending on your eligibility. -
No Collateral or Guarantor
For Lenditt second hand bike loans, there is no requirement for a guarantor or security. -
100% Online
The entire procedure is simple and rapid, from application to disbursal. -
Instant Eligibility Check
Lenditt's website or app uses less energy and takes less time to check your eligibility.
Eligibility
You are eligible to avail up to Rs.50,000 from Lenditt under second hand two wheeler loan If you have an income of Rs.20,000 per month. and your age between 21 to 57. Also, you must be a salaried professional.
Features And Benefits Of Lenditt App
Fast disbursal
User-friendly app
No surety is needed.
Affordable interest rate.
No documents for verification.
Loan tenure of 3 months.
No CIBIL score check.
No documentation is required.
Documents Required
However, with minimal documentation requirements and paperless application procedures, you need to share a few documents to prove your identity, address, and income.
Thus Lenditt app, is one of the top 5 in India that offers loans to low-income people instantly too. Nothing stops you from taking a second hand bike loan from Lenditt. If you need to get a personal loan, you need to be a salaried employee and submit three months of payslips.
How To Apply For Loan With Lenditt
You just need to download the app, fill in your details and upload your documents. Get your instant loan without CIBIL score with minimal documentation.