How can I apply for a zero down payment two-wheeler loan?

Here are the steps to apply for a zero down payment two-wheeler loan:

1. Visit the lending institution’s website and find the two-wheeler loan application page.
2. Select the 100% financing or zero down payment loan option.
3. Fill in the online application form with your personal details, employment and income information, loan amount needed, etc.
4. Upload scanned copies of documents required, like identity proof, address proof, income proof, photographs, etc., as per the loan provider’s checklist.
5. Make the processing fee payment online via netbanking, Unified Payments Interface (UPI) or debit/credit card as applicable.
6. Accept the terms and conditions digitally by ticking on the declaration. Submit the completed application.
7. You will receive an acknowledgement and application reference number via SMS/email.
8. The loan provider will verify details and documents submitted through online channels.
9. If any additional documents are needed, you will be notified to submit them.
10. Once verification is done, the financial institution will evaluate your application based on eligibility criteria and decide on loan approval.
11. You will be informed about loan approval or rejection via email/SMS within a few working days.
12. If approved, submit a digitally signed loan agreement and account details. The loan amount will be disbursed to the registered dealer or your account as per the lending institution’s terms.