Home Money Personal Finance Pre-Approved Two Wheeler Loan from SBI Yono App!

Pre-Approved Two Wheeler Loan from SBI Yono App!

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Various automobile companies are launching a series of brand new bikes and cars. A few are already planning to buy new vehicles and have the money ready for it. But with good credit, you might find exactly what you need. To this end, SBI Bank offers ‘Easy Ride’ pre-approved two-wheeler loans. You can see more about this here. State Bank of India has provided pre-approved two-wheeler loans through its Yono processor. Customers can apply for a two wheeler loan up to Rs 3 lakh through the ‘Easy ride’ option. The minimum loan amount is Rs. 20,000 and the term of the loan is four years and the loan interest is stated as 10.5%.

This pre-approved loan scheme is offered on the Yono processor for the reason that customers want to use the digital platform SBI YONO more. SBI customers can apply for a two-wheeler loan online using the YONO processor.

This PSU is already offering a 5 point discount for home loan buyers online or through the YONO App. Similarly, the bank said in a statement that all SBI customers eligible for the loan can avail two-wheeler loans through the YONO processor without access to bank branches.

Details of Pre-Approved Two Wheeler Loans:

Maximum Loan

– Rs. 3 lakhs Minimum Loan – Rs. 20,000

Loan Interest – 10.5%

Loan Term – 4 years

EMI Amount – Rs. Of the 2,560

vehicles on-road value, 85 percent can be obtained through credit. The loan amount will be paid directly into the vehicle dealer’s account.

SBI Bank offers auto loans not only for two wheelers but also for cars. The EMI of the car loan is Rs. 1,539.

Not only that, SBI has announced new special offers for its customers, ahead of Diwali. If you want to get a car loan, you can get the information by logging on to SBI Bank’s official website sbi.co.in.

In addition to the above loans, SBI also offers Gold Loan and Personal Loan. But, you need to use SBI YONO processor to apply for these loans. You can get more details by logging in to sbiyono.sbi.

Just last month, Twitter’s SBI Bank announced the loan offer. “Celebrate the festive season with special offers on SBI Car Loan, Gold Loan, and Personal Loan. Apply now at sbiyono.sbi!”

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