1. Finance for a minimum of Rs. 5000 and a maximum of Rs. 1 Lakh (or five times of the monthly income, whichever is less) can be availed of through the loan.
2. Margin of 10% on loan amount.
3. The loan amount can be repaid in maximum 60 months from the date of disbursement of loan.
4. As a security, the vehicle to be purchased out of the loan is to be hypothecated to the bank.
5. For loan exceeding Rs. 50000, a third party guarantee and / other securities like NSC, Share certificates, etc or a mortgage of property owned.
6. The vehicle will have to be insured with the bank's clause.
7. PROCESSING CHARGES - 2% of Loan amount, Minimum Rs. 1000/-

1. 2 passport size photos.
2. Bank statement of last 6-12 months.
3. Photo ID card : Driving Licence, Voter ID, Passport, PAN
4. Address Proof : Electricity bill, Driving Licence, Passport, Voter ID
5. Salaried : Recent Salary slips, Form 16
6. Professionals / Self Employed - Copy of Income Tax return for last two financial years.

Bank Customer Care - 1800 102 4455

Sample for is available here, BOB Bike Loan Form

Please contact nearest branch and they will help you with your application. Also contact branch before filling form.