Smart Alternatives to Income Proof Loans
Here’s how you can still get your two-wheeler financed without standard documents:
Loan against Fixed Deposit:
Gold Loan for Bike Purchase:
Use a gold loan to buy the two-wheeler.
Retail Financing from Dealers:
Some dealers offer direct EMI schemes.
Personal Loan for Bike:
Apply for a personal loan if eligible and use it for the vehicle purchase.
Alternative Documents to Income Proof
Lender Types That Offer Flexible Two-Wheeler Loans
Tips to Improve Your Approval Chances
Frequently Asked Questions
Can I get a two-wheeler loan if I am self-employed without ITR?
Is it mandatory to have income proof for a bike loan?
Will my CIBIL score matter if I don’t show income proof?