SBI launches pre-approved 2-wheeler loan on YONO, EMI as low as Rs 2,560 per lakh
Zee News
Eligible SBI customers can avail of end-to-end digital two-wheeler loans through the YONO app without visiting the bank branch.
New Delhi: The country’s largest lender State Bank of India (SBI), has launched pre-approved 2-wheeler loan scheme ‘SBI Easy Ride’ through YONO.
Eligible SBI customers can avail of end-to-end digital two-wheeler loans through the YONO app without visiting the bank branch. Customers can apply for the Easy Ride loan for an amount up to Rs 3 lakhs at interest rate of 10.5% per annum onwards for a maximum tenure of 4 years. The minimum loan amount has been fixed at Rs 20000.
The SBI loan availed will be disbursed directly into the dealer's account. Loans of up to 85% of the on-road price of the vehicle can be availed under this scheme.
