Business
Axis Bank Offers Two-Wheeler Loans for Low CIBIL Score Customers
Axis Bank, one of India‘s leading financial institutions, is now offering Two-Wheeler Loans for customers with low CIBIL scores. The bank recognizes that having a low credit score can often hinder individuals from financing their dream bike purchase. However, they aim to address this issue by providing a solution to those facing difficulties due to their credit history.
CIBIL is a numerical score ranging from 300 to 900 that reflects an individual’s creditworthiness and repayment history. It takes into account factors such as past loan repayments and credit behavior. A higher CIBIL score indicates a more favorable credit profile, increasing the chances of loan approval.
For customers with low CIBIL scores, Axis Bank offers the opportunity to obtain a Two-Wheeler Loan. Individuals with a CIBIL score between 600 and 750 are eligible to apply. The bank provides 100% on-road funding with minimal documentation requirements. Flexible repayment tenures and affordable interest rates make Axis Bank a popular choice for those looking to finance their two-wheeler purchase.
If you find yourself wondering, ‘Can I get bike finance with bad credit?’, Axis Bank has the answer. Their dedicated offerings ensure that individuals with low CIBIL scores have access to financing options, allowing them to fulfill their dream of owning a bike.
To apply for a Two-Wheeler Loan with Axis Bank, interested individuals can visit their website or reach out to their nearest branch for assistance.
It is important to note that the information provided in this article is for informative purposes only. The views expressed are personal and may not necessarily represent the views of Axis Bank Ltd. or its employees. Axis Bank Ltd. and the author do not take any responsibility for the reader’s financial decisions based on the article’s contents.