Axis Bank Launches Super Bike Loans; To Fund 95% Of Costs

Mumbai: As the higher engine displacement 'super bikes' catch fancy of the Indian consumer, Axis Bank on Wednesday introduced a special loan product, offering to fund up to 95 per cent of the costs. The loans, which are for motorcycles with an engine displacement of over 500 cubic centimetres (cc), will come at a price tag of 10-11 per cent per annum. The third largest private sector lender's executive director Rajiv Anand said many...