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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!