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

When students apply for financing their two-wheeler purchase, lenders have specific eligibility criteria they evaluate. The key requirements are:

• Age Eligibility: Student applicants must be at least 18 years of age or older. This is the minimum age set by most loan providers for applying independently.
• Co-applicant/Guarantor Requirement: A joint applicant is required who must have a stable job and income source. This could be a parent, elder sibling (with an income) or other family member.
• Co-applicant Credit Score: The co-applicant/guarantor must have a minimum CIBIL score of 700 or higher. A good credit history ensures loan repayment.
• Address Proof: Permanent address proof in the student's name is mandatory at the time of loan application. This is required for processing.Other
• Documents: Valid ID proof and co-applicant income documents are also required to assess loan eligibility.