2 Wheeler Loans

Loans provided to purchase two wheelers in urban, semi-urban & rural areas
MAS caters to farmers, self- employed nonprofessional (businessmen), self-employed professionals, salaried customers
Ticket size ranges from 15,000 to 2,00,000
Loan tenure is up to 36 Months
The interest rate for the product ranges up to 30%.
Hassle free loans – Quick turn around time

Basic eligibility criteria

Between 18 to 65 years

1 Year

1 Year

8,000/- or above

Photograph - Latest Color Photograph
Identity proof(Any One) - Voter Id Card / Aadhar Card / PAN Card / Driving License / Passport
Age Proof(Any One) - Voter Id Card with DOB / Aadhar Card / PAN Card / Driving License / Passport / Government issued document with DOB
Signature Verification - Bank Signature Verification
Address Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Gas Bill / Fixed Line Telephone Bill Post Paid Mobile Bill
Ownership Proof (Any One) - Electric Bill / Tax Bill / Water Bill / Possession Letter or Sale Deed with Latest Utility bill
Income Proof (Any One)
1. For SENP/ Professionals - Shop Establishment Certificate / Sales and Purchase Bills / ITR / Financials with all schedules of last 3 Years
2. For Salaried Applicants - Salary Slip of last 3 Months / Form 16 / TDS Certificate
3. For Farmers - 7/12 & 8A Extract with milk income proof
Bank Statement - Last 6 months’ Bank statement of all bank accounts

*MAS reserves the right to ask for additional documents