What types of two-wheelers can I purchase with a pensioner loan?

As a pensioner, you can finance the purchase of various types of two-wheelers through a loan. Here are some common options:

• Scooters: Popular scooter models like Honda Activa, TVS Jupiter, Suzuki Access etc can be purchased. Opt for models with lower engine capacity and mileage up to 60-80 kmph speed.
• Commuter Motorcycles: 100-125cc commuter bikes like Hero Splendor, Bajaj CT100, TVS Sport, etc., provide a comfortable ride for city use and are easy to handle.
• Electric Scooters: Go green with electric scooters from Ather, Okinawa, Ola Electric and more. Their low running costs can help pensioners save money.

When applying for the loan, provide the quotation from the dealer with details of your preferred two-wheeler model. Ensure the loan amount sanctioned covers the on-road price. Also, insurance premiums and maintenance costs should be evaluated before purchasing. Choosing an ideal two-wheeler with good mileage, easy maintenance, and riding comfort is key for pensioners through financing options like loans.