CNG Kit Loan
CNG Kit Loan for Two-Wheelers
After successful penetration of CNG based 4 wheeler vehicles in India its time for two-wheelers running on CNG power. Dealsofloan helps in this eco friendly movement by providing financial aid for individuals by provoding CNG Kit Loan for two-wheelers .
Dealsofloan is pioneer in this regard, as it is the first company to provide loan on CNG Kit for two-wheelers in India. We came up with new loan product called ‘CNG Kit Loan’ for your convenience taking into consideration the benefits of eco friendly product.
The loan facility is available exclusively through Deals of Loan as it is the first company in India to offer the CNG Kit Loan. To avail the loan facility you have to fill in the form and submit the documents at the time of purchase. Our company will take care of the documentation, processing and approval of your loan.
For installation of CNG Kit in two-wheelers, which are not more than 13 years old and owned by individuals.
CNG Conversion Price:
- Product Cost :Rs.16,000/-
- Loan Availability : Rs.12,000/-
- Monthly EMI : Rs.1,680/-
- Tenure : 8 Months
- Down Payment : Rs.4000/-
1. How much loan amount can be borrowed in CNG Kit Loan?
Customers can avail Rs.12,000/- for CNG Kit loan .
2. What is the processing fees for CNG Kit Loan?
Processing and Documentation charges of Rs. 750/- (One time)
CNG Kit Loan Eligibility
Individuals owning the two-wheelers in their own names for personal use.
- Minimum age of Applicant : 21 years
- Maximum age of Applicant : Present age of borrower + repayment period should not exceed 60 years
Documents Required for CNG Kit Loan
- Documents to charge the liquid securities, if offered, as per bank rules.
- Letter of installment with acceleration clause.
- Documents required under Recovery Act of various states.
- Other usual undertakings, as stipulated.
Processing Fees and Charges
Processing & Doc. Charges : Rs. 750/- (One time)
Deals of Loan is officially partnered with CNG manufacturing company ITUK.
ITUK Manufacturing Co. is Manufacturer of CNG Conversion Kits for Motorcycles India.
CNG Kit Loan is available for all the eligible ITUK CNG kit customers.