How can I apply for a two-wheeler loan as a pensioner?

Here is a step-by-step process of applying for a two-wheeler loan as a pensioner:

1. Check Eligibility: Determine loan amount you need and review lenders' eligibility criteria for pensioners regarding age, minimum income, credit score etc.
2. Gather Documents Required: Keep handy documents like identity proof, address proof, pension certificate, two-wheeler quotation from the dealership, and bank statements to ascertain regular pension credits.
3. Submit Online Application: Many financial institutions today offer online applications. You can apply directly by visiting their website. It's fast and convenient.
4. Track Status: After applying, you can track the application status by calling customer care or through an online portal. Follow up if needed.
5. Ensure Loan Appraisal: Co-operate during the loan appraisal process by promptly submitting any additional documents the loan provider asks for.
6. Accept Offer: On loan approval, check terms and conditions thoroughly. Accept the sanction letter and sign the agreement.
7. Provide Documentation: Complete documentation formalities and submit required documents. Get copies of signed agreements.
8. Secure Loan Disbursal: Once the documentation is done, the loan amount is directly disbursed to the dealer/seller. Take delivery of your two-wheeler.