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Two Wheeler Ola Eligibility
Age
21 – 59 Years
Employment Proof
Salaried Professionals: Work experience letter from the current company of at least one year.
Self-Employed Professionals: Should have an active business and furnish a record of running the business for 2 years successfully.
Residence Proof
Applicant must be residing at least one year at the current address
Income Proof
Salary proof of Rs. 12,000/month with the current company
Documents Required
List of documents required for loan initiation. Kindly furnish any one of the following document(s) listed below.
Note: Aadhaar Card is mandatory.
Identity Proof
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Passport
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Driving License
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Voter ID Card
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PAN Card
Address Proof
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Passport
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Driving License
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Gas Bill with Gas book
Other Documents
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Recent Passport size colour photographs
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Income Proof Documents
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Bank Statement for the last six months
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One cancelled Cheque and ACH form for Electronic Clearing Mandate
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Duly endorsed Vehicle Registration Certificate on receipt for New Vehicles
FAQ's
Can I avail a loan if I have a low credit score?
A good credit score is ideally favourable for loan approval. However, you can avail of a two-wheeler loan with any credit score, depending on the loan application assessment and other factors.
