Scribd
Upload
2K views21 pages

Vehicle Loan

This document summarizes a student presentation on two-wheeler vehicle loans. It introduces the presenters and provides an outline of the presentation, which will cover an introduction to two-wheeler loans, details on loans from Bank of Baroda and HDFC, the research methodology used, findings and analysis, conclusions, and references. Key points from the Bank of Baroda and HDFC sections include eligibility requirements, interest rates, processing fees, maximum loan amounts, and required documentation. The conclusion indicates that customers prefer vehicle loans for two-wheelers due to benefits like smaller installments, longer repayment periods, tax savings, and not needing to pay a large amount upfront.

Uploaded by

Nikita Sanghvi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
2K views21 pages

Vehicle Loan

This document summarizes a student presentation on two-wheeler vehicle loans. It introduces the presenters and provides an outline of the presentation, which will cover an introduction to two-wheeler loans, details on loans from Bank of Baroda and HDFC, the research methodology used, findings and analysis, conclusions, and references. Key points from the Bank of Baroda and HDFC sections include eligibility requirements, interest rates, processing fees, maximum loan amounts, and required documentation. The conclusion indicates that customers prefer vehicle loans for two-wheelers due to benefits like smaller installments, longer repayment periods, tax savings, and not needing to pay a large amount upfront.

Uploaded by

Nikita Sanghvi
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
You are on page 1/ 21

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!

You might also like

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy