STUDENTS COLLOQUIUM PRESENTATION

VEHICLE LOAN : TWO -

WHEELERS
 PRESENTED BY:


 Akash Thakur
 Bharat
Maheshwari
 Dipa Shah
 Girish Nair
 Nikita Sanghvi
 Prakash
Prajapati


 GROUP : 6
FLOW OF PRESENTATION
• Introduction
• Bank Of Baroda
• HDFC
• Research Methodology
• Findings And Analysis
• Conclusion
• Reference
INTRODUCTION
• Double digit growth in two wheeler industry

• Increment due to the two wheeler loans

• Helped to get away with hurdle of huge amount of one

time payment
INTRODUCTION
• Maximum loan offered:
 Rs. 5000 - Rs. 150000
• Installment period: 6 months - 3 years
• New vehicles: bank finance up to 90%
• Old/second hand vehicles: banks finance up to 85%
• Repayment: EMI.
• Interest rates: depend on two wheeler model, loan
tenure
•
 BANK OF BARODA
• Applicants: Resident Indians, salaried, professionals,
self-employed, businessmen and farmers
•
• Interest rate: 12.75%(Fixed)
•
• Processing charges: 2% Minimum - Rs. 250/-
•
• Eligibility:
ü Income tax return for 3 years
ü existing deductions (pf)
ü proposed installments at 60% of monthly gross salary
ü 85% of quotation price
•
 BANK OF BARODA
• Loan amount: Rs. 5000 - 1 Lac or five times of the
monthly income, whichever is less
• Down payment: Margin of 10% on loan amount.
• Repayment period: maximum 60 months
• Security: vehicle-hypothecated to the bank.
• Loan exceeding Rs. 50000, a third party guarantee
• Vehicle -insured with the bank's clause

 BANK OF BARODA
Documents:


ü Application form with photograph

ü Identity & residence proof
ü Last 6 months bank statement
•
• salaried person-
ü Latest salary slip
ü Form 16
ü
• self-employed-
ü Last 2 years income tax returns
•
HDFC
 ELIGIBILITY CRITERIA

• Salaried or self-employed individual



• Age: between =>21 years (at the time of application)

and <= 65 years (at the end of the loan tenor)


• Minimum gross income: equivalent to rs. 54,000/- p.a.

if you reside in Mumbai, Delhi, Chennai, Bangalore,
Kolkata, Pune


• Rs. 42,000/- p.a. For all other cities




 HDFC
• Residing for atleast 1 year in the city


• Working for atleast 1 year



• Landline at residence or office



DOCUMENTATION REQUIRED


• Proof Of Identity
• Address Proof
• Income Proof For Salaried
HDFC
LOAN PROCESSING CHARGES


Maximum - 4% of Loan Amount or Rs.600/ whichever is

higher
Rate of interest: 15%

FEATURES & BENEFITS



• Hassle free loans

• Special Schemes
ü FastTrack
ü EasyLoan
•
RESEARCH METHODOLOGY
• Objective:

 To study customer behaviour towards Two-wheeler

Loan in Ahmedabad.”

• Type of Sampling Design: Random Sampling

• Sampling Technique: Questionnaires were filled

• Sample size : 50
•
•
CONCLUSION
 Though people end-up giving a much higher amount
in loan than a single payment while purchasing a two-
wheeler, then too they favour vehicle loan for the
reasons:
• Small installments
• Longer repayment time period
• Tax saving
• No need to spend a huge amount in one go
• Flexible repayment period

 REFERENCES
• http://www.indiahousing.com/sbi.html
• http://www.indiahousing.com/banks-in-india/
• http://www.hdfcbank.com/personal/loans/
 two_wheeler_loans/two_wheeler_elg.htm
• http://www.bankof baroda.com/loans/two-wheeler-
loans/two_wheeler.htm
• http://www.paisawaisa.com/loans/loan_bankmore.asp
x?LoanDetailId=loSbYPoJmu4=
• http://www.moneyduniya.com/
THANK YOU!