The Nainital Bank Limited Two Wheeler Loan

The Nainital Bank Two Wheeler Loan Interest Rate (Updated on 22 Apr 2018)

INTEREST RATEMCLR + 0.25% i.e. 8.75% to MCLR + 0.70% i.e. 9.20%
LOAN TENUREMax. 84 Months
PROCESSING FEEAs decided by the bank from time to time
GUARANTOR REQUIREDContact Bank Branch
PRE CLOSURE CHARGESAs decided by the bank from time to time

The Nainital Bank

The Nainital Bank Limited is a private sector bank in india. It has headquarter in Nainital. The Nainital Bank Limited was founded on 1922. It has 138 branches and It provides all the financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet, Atal Pension Yojana, Pradhan Mantri Jandhan Yojana, Pradhan Mantri Suraksha Bima Yojana, Pradhan Mantri Jeevan Jyoti Bima Yojana and many more.

Find details about The Nainital Bank Limited which includes The Nainital Bank Limited Official Website, The Nainital Bank Limited ATMs accross the India, The Nainital Bank Limited Branches accross the India, The Nainital Bank Limited Contact Numbers, The Nainital Bank Limited official EmailID, The Nainital Bank Limited Headquarter and The Nainital Bank Limited Headquarter Address. Find The Nainital Bank Limited two wheeler loan purpos, Eligibility, Margin, Repayment of Two-Wheeler Loan ,Security, Documents Required for Two Wheeler Loan from below.

The Nainital Bank Two Wheeler Loan Purpose

For purchase of new/ used Two-Wheelers i.e. Scooters, Motor Cycles, Moped(s), Scooterrete(s), Scooties, Battery-Operated Scooters, etc. of any make and model. Generally, middle class of society like salaried class, small businessmen, farmers, self-employed, etc. who want to purchase new | used two wheeler are the borrowers of such loans.

The Nainital Bank Two Wheeler Loan Eligibility

  • Employees of Government | Semi-Government Undertakings, Autonomous bodies, Public Sector Undertakings, Private Companies or Reputed Establishments, Professionals or self-employed individuals/ Businessmen, etc.
  • Minimum age of applicant: 18 years.
  • Students with father or mother or spouse as co-borrower.
  • Maximum age of applicant at loan maturity: Retirement age for salaried individuals & 65 years for others.
  • The borrower should have a valid driving license.
  • Minimum Net Annual Income criteria as per bank rules

The Nainital Bank Two Wheeler Loan Document Required

  • Duly filled up and signed two-wheeler loan application form along with photographs
  • KYC (Know Your Customer)documents
  • Proof of identity- Passport, Voter ID card, Driving license, PAN card, Aadhar Card, Government department ID card
  • Income Proof-Latest salary slip showing all deductions or Form 16 along with recent salary certificate (for salaried individuals)
  • Income Proof- Income Tax Returns of 2 previous financial years (for other than salaried individuals)
  • Bank Statement or Bank Pass Book of having entries of last 6 months
  • Proof of Address - Bank account statement, Latest electricity bill, Latest mobile/telephone bill, Latest credit card statement, Existing house lease agreement
  • Age Proof- Mark sheets | pass certificates of S.S.C., H.S.C, Degree courses (Optional)
  • Signature Verification (Optional)

The Nainital Bank Two Wheeler Loan Eligibility

Upto 85% of On Road Price, maximum Rs. 75 Lakh

Margin

5% to 30% of On-road price which includes invoice value, cost of one time road tax, first time comprehensive insurance premium for one year. It varies from bank to bank and also depends on whether the tow-wheeler purchased is new or old one.

The Nainital Bank Two Wheeler Loan Repayment

Maximum 60 EMIs are allowed for New Car Loan and repayment through maximum of 36 EMIs is allowed in case of Used Two-Wheeler Loan. Repayment period for used car also depends upon how old the car is.

Security

  • Primary : Hypothecation of two-wheeler to be purchased.
  • Collateral : Third party guarantee of one person of sound net means and income (optional- depends upon bank).

Important to Know

  • Income of spouse can be taken into consideration for determining the income criteria.
  • Processing fee of around 0.50% of the loan amount is charged by some of the banks.
  • Some banks offer lower interest rate with discount on processing fee exclusively for their account holders.
  • Some banks provide loans up to 100% for their account holders for some specific models.
  • Compare interest rates across all the banks and select the lowest one.

The Nainital Bank Limited Contact Details

  • BANK OFFICIAL WEBSITE - www.nainitalbank.co.in
  • CONTACT NUMBERS - 05942-236313
  • EMAIL ID - chairman@nainitalbank.co.in
  • MISSED CALL NO. - n.a.
  • TOTAL BRANCHES - 138
  • HEADQUARTER - Nainital
  • BANK ADDRESS - Seven Oaks Building, Mallital, Nainital - 263001, Uttarakhand

Other Banks Two Wheeler Loan

Abhyudaya Cooperative Bank LimitedAhmedabad Mercantile Cooperative Bank
Airtel Payments Bank LimitedAkola Urban Coop Bank
Allahabad BankAllahabad Up Gramin Bank
Amanath Cooperative Bank Ltd. BangaloreAndhra Bank
Andhra Pradesh Grameena Vikas BankAndhra Pragathi Grameena Bank
Apna Sahakari Bank LimitedArunachal Pradesh Rural Bank
Assam Gramin Vikash BankAu Small Finance Bank Limited
Axis BankBandhan Bank Limited
Bangiya Gramin Vikash BankBank Of Baroda
Bank Of IndiaBank Of Maharashtra
Baroda Gujarat Gramin BankBaroda Rajasthan Kshetriya Gramin Bank
Baroda Up Gramin BankBassein Catholic Cooperative Bank Limited
Bharat Cooperative Bank (mumbai) Ltd., MumbaiBharati Sahakari Bank
Bharatiya Mahila Bank LimitedBihar Gramin Bank
Bombay Mercantile Co Op Bank LtdCanara Bank
Capital Small Finance Bank LimitedCatholic Syrian Bank Limited
Central Bank Of IndiaCentral Madhya Pradesh Gramin Bank
Chaitanya Godavari Grameena BankChhattisgarh Rajya Gramin Bank
Citizen Credit Cooperative Bank LimitedCity Union Bank Limited
Corporation BankDcb Bank Limited
Dena BankDena Gujarat Gramin Bank
Dhanalakshmi BankDombivli Nagari Sahakari Bank Limited
Ellaquai Dehati BankEquitas Small Finance Bank Limited
Esaf Small Finance Bank LimitedExport Import Bank Of India
Federal BankFincare Small Finance Bank Ltd
G P Parsik BankGramin Bank Of Aryavart
Hdfc BankHimachal Pradesh Gramin Bank
Icici Bank LimitedIdbi Bank
Idfc Bank LimitedIndian Bank
Indian Mercantile Cooperative Bank Ltd.Indian Overseas Bank
Indusind BankJalgaon Janata Sahakari Bank Limited
Jammu And Kashmir Bank LimitedJammu And Kashmir Grameen Bank
Janakalyan Sahakari Bank LimitedJanalaxmi Coop Bank
Janata Sahakari Bank LtdJharkhand Gramin Bank
Kallappanna Awade Ichalkaranji Janata Sahakari Bank LimitedKalupur Commercial Cooperative Bank
Kalyan Janata Sahakari BankKapol Cooperative Bank Limited
Karnataka Bank LimitedKarnataka Vikas Grameena Bank
Karur Vysya BankKashi Gomti Samyut Gramin Bank
Kaveri Grameena BankKerala Gramin Bank
Khamgaon Urban Co Op Bank LtdKotak Mahindra Bank Limited
Langpi Dehangi Rural BankLaxmi Vilas Bank
Madhya Bihar Gramin BankMadhyanchal Gramin Bank
Mahanagar Cooperative BankMaharashtra Gramin Bank
Malwa Gramin BankManipur Rural Bank
Meghalaya Rural BankMizoram Rural Bank
Nagaland Rural BankNagar Urban Co Operative Bank
Nagpur Nagarik Sahakari Bank LimitedNarmada Jhabua Gramin Bank
Nasik Merchants Cooperative Bank Ltd.New India Cooperative Bank Limited
Nkgsb Cooperative Bank LimitedNorth East Small Finance Bank Limited
Nutan Sahakari Bank LtdOdisha Gramya Bank
Oriental Bank Of CommercePallavan Grama Bank
Pandyan Grama BankPaschim Banga Gramin Bank
Pragathi Krishna Gramin BankPrathama Bank
Pravara Sahakari Bank LtdPuduvai Bharathiar Grama Bank
Punjab And Maharshtra Cooperative BankPunjab And Sind Bank
Punjab Gramin BankPunjab National Bank
Purvanchal Gramin BankRajarambapu Sahakari Bank Ltd
Rajasthan Marudhara Gramin BankRajkot Nagrik Sahakari Bank Limited
Rbl Bank LimitedRupee Cooperative Bank Ltd.
Sangli Urban Co Op Bank Ltd SangliSaptagiri Grameena Bank
Saraswat Cooperative Bank LimitedSardar Bhiladwala Pardi Pepls Co Bk
Sarva Haryana Gramin BankSarva Up Gramin Bank
Saurashtra Gramin BankShikshak Sahakari Bank Limited
Solapur Janata Sahakari Bank LimitedSouth Indian Bank
State Bank Of Bikaner And JaipurState Bank Of Hyderabad
State Bank Of IndiaState Bank Of Mysore
State Bank Of PatialaState Bank Of Travancore
Suryoday Small Finance BankSutlej Kshetriya Gramin Bank
Syndicate BankTamilnad Mercantile Bank Limited
Telangana Grameena BankThe A.p. Mahesh Cooperative Urban Bank Limited
The Akola Janata Commercial Cooperative Bank Ltd., Akola.The Cosmos Co Operative Bank Limited
The Goa Urban Co Op Bank LtdThe Greater Bombay Cooperative Bank Limited
The Jalgaon Peopels Cooperative Bank LimitedThe Kapol Cooperative Bank Limited
The Karad Urban Cooperative Bank LimitedThe Mapusa Urban Coop Bank Of Goa Ltd
The Mehsana Urban Cooperative BankThe Nainital Bank Limited
The Shamrao Vithal Cooperative BankThe Surath Peoples Cooperative Bank Limited
The Thane Bharat Sahakari Bank LimitedThe Zoroastrian Cooperative Bank Limited
Tjsb Sahakari Bank LtdTripura Gramin Bank
Uco BankUjjivan Small Finance Bank Limited
Union Bank Of IndiaUnited Bank Of India
Utkal Grameen BankUtkarsh Small Finance Bank
Uttar Banga Kshetriya Gramin BankUttar Bihar Gramin Bank
Uttarakhand Gramin BankVananchal Gramin Bank
Vidharbha Konkan Gramin BankVijaya Bank
Yes BankZila Sahakari Bank Ltd

Upcoming Bank Holidays

2018 April 30 is a bank holiday in Andaman And Nicobar Island due to Buddha Pournima.
2018 May 01 is a bank holiday in Andaman And Nicobar Island due to Maharashtra Din/May Day.
2018 May 09 is a bank holiday in Andaman And Nicobar Island due to Birthday Of Rabindranath Tagore.
2018 May 16 is a bank holiday in Arunachal Pradesh due to State Day.
2018 May 29 is a bank holiday in Sikkim due to Saga Dawa.
2018 June 08 is a bank holiday in Jammu And Kashmir due to Jumat-ul-Veda.

Financial Calculators

The Nainital Bank Limited Loan Services

Search IFSC/MICR/ATM

 

 

 

ALL INDIA BANKS LIST
A B BANK LIMITED ABN-AMRO Bank N.V ABU DHABI COMMERCIAL BANK AIRTEL PAYMENTS BANK LIMITED
ALLAHABAD BANK American Express Banking Corp ANDHRA BANK Antwerp Diamond Bank NV
AU SMALL FINANCE BANK LIMITED AXIS BANK B N P PARIBAS BANDHAN BANK LIMITED
BANK OF AMERICA BANK OF BAHARAIN AND KUWAIT BSC BANK OF BARODA BANK OF CEYLON
BANK OF INDIA BANK OF MAHARASHTRA BANK OF TOKYO MITSUBISHI LIMITED BARCLAYS BANK
BHARATIYA MAHILA BANK LIMITED Calyon Bank CANARA BANK CAPITAL SMALL FINANCE BANK LIMITED
CATHOLIC SYRIAN BANK LIMITED CENTRAL BANK OF INDIA CHINATRUST COMMERCIAL BANK LIMITED CITI BANK
CITY UNION BANK LIMITED CORPORATION BANK DBS Bank Ltd DCB BANK LIMITED
DENA BANK DEUSTCHE BANK DHANALAKSHMI BANK EQUITAS SMALL FINANCE BANK LIMITED
ESAF SMALL FINANCE BANK LIMITED EXPORT IMPORT BANK OF INDIA FEDERAL BANK FINCARE SMALL FINANCE BANK LTD
HDFC BANK HSBC BANK HSBC BANK OMAN SAOG ICICI BANK LIMITED
IDBI BANK IDFC BANK LIMITED INDIAN BANK INDIAN OVERSEAS BANK
INDUSIND BANK JAMMU AND KASHMIR BANK LIMITED JP MORGAN BANK JSC VTB BANK
KARNATAKA BANK LIMITED KARUR VYSYA BANK KOTAK MAHINDRA BANK LIMITED Krung Thai Bank Public Co. Ltd
LAXMI VILAS BANK MASHREQBANK PSC MIZUHO CORPORATE BANK LIMITED NORTH EAST SMALL FINANCE BANK LIMITED
OMAN INTERNATIONAL BANK SAOG ORIENTAL BANK OF COMMERCE PUNJAB AND SIND BANK PUNJAB NATIONAL BANK
RBL Bank Limited SBM BANK MAURITIUS LIMITED SHINHAN BANK SOCIETE GENERALE
SONALI BANK LTD SOUTH INDIAN BANK STANDARD CHARTERED BANK STATE BANK OF BIKANER AND JAIPUR
STATE BANK OF HYDERABAD STATE BANK OF INDIA STATE BANK OF MYSORE STATE BANK OF PATIALA
STATE BANK OF TRAVANCORE SURYODAY SMALL FINANCE BANK SYNDICATE BANK TAMILNAD MERCANTILE BANK LIMITED
THE BANK OF NOVA SCOTIA THE NAINITAL BANK LIMITED UBS AG UCO Bank
Ujjivan Small Finance Bank Limited UNION BANK OF INDIA UNITED BANK OF INDIA UNITED OVERSEAS BANK LIMITED
UTKARSH SMALL FINANCE BANK VIJAYA BANK Woori Bank YES BANK
ZILA SAHAKARI BANK LTD