Apply For Two a Wheeler Loan

Please Choose the best suitable two wheeler loan as per your income and get amazing facilities with these loans.

ICICI Two Wheeler Loan

INTEREST RATE

10.99% onwards

PROCESSING FEE

1% of Loan amount or Max of ₹ 5000/-

TENURE

1 year to 5 years *

HDFC Two Wheeler Loan

INTEREST RATE

14.03% onwards

PROCESSING FEE

3% of Loan Amount with Minimum Rs. 600

TENURE

4 Years

IndusInd Two Wheeler Loan

INTEREST RATE

12.00% onwards

PROCESSING FEE

Up to 5% of Loan Amount with minimum Rs 500

TENURE

3 Years

SBI Two Wheeler Loan

INTEREST RATE

12.65%

PROCESSING FEE

1.25% of Loan Amount with Min Rs. 250 and Max Rs. 500

TENURE

3 Years

Reliance Two Wheeler Loan

INTEREST RATE

10.99% onwards

PROCESSING FEE

1% of Loan amount or Max of ₹ 5000/-

TENURE

1 year to 5 years *

ACKO Two Wheeler Loan

INTEREST RATE

14.03% onwards

PROCESSING FEE

3% of Loan Amount with Minimum Rs. 600

TENURE

4 Years

IndusInd Two Wheeler Loan

INTEREST RATE

12.00% onwards

PROCESSING FEE

Up to 5% of Loan Amount with minimum Rs 500

TENURE

3 Years

SBI Two Wheeler Loan

INTEREST RATE

12.65%

PROCESSING FEE

1.25% of Loan Amount with Min Rs. 250 and Max Rs. 500

TENURE

3 Years

TWO WHEELER LOAN

A two wheeler is often the first vehicle anyone buys. It holds the passion of avid bike fans, the ease of travel to first time vehicle buyers and the freedom of independence for many others.

That first bike or first scooter that one drove through college life holds a special place in a person’s life. A two wheeler is one of many things for a person but it wheels through a large part of life, complete with memories and emotions worth a lifetime. A two wheeler loan/bike loan is a loan which helps you to purchase a bike or scooter of your choice. Availing a bike loan was once considered a tiresome process. Now you can get an online bike loan without down payment instantly. You do not need to visit a lender’s office or wait in endless lines now to get your two wheeler loan. You can avail a zero down payment bike loan online through the website or by downloading our mobile application.

 

BENIFITS OF TWO WHEELER LOAN

  • Flexible Repayment Tenure

    Decide whether you’d like your loan tenure to be just 12 months, or 48 months, with our pocket-friendly EMI repayment options.

  • Fulfil Your Every Need

    Get up to 100% finance in you’re an HDFC Bank account holder for specific models, and repay the money at attractive interest rates.

  • Online Application

    Enjoy convenient doorstep service and skip the queues when you log a request online.

  • Competitive Rates

    We offer a 2% lower rate of interest, and a 50% lower processing rate for existing HDFC Bank account holders, allowing you to enjoy savings of up to Rs. 2,375/-*.

    *Conditions Apply. Savings calculated on loan amount of Rs. 50,000/-. Approval TAT from the time of submission of relevant documents at branch with no address change applicable for account holders.

  • Easy Repayment Schemes

    Easily calculate your EMI and pay through /Standing Instructions/post-dated cheques.

  • Quick and Easy Processing and ApprovalGet a Two Wheeler Loan approval in just 15 seconds.

ELIGIBILITY FOR CAR LOAN

  • Individual between the age of 21-65 years of age.
  • A Permanent employee of State / Central Government, Public Sector Undertaking, Private company or a reputed establishment or
  • A Professionals or self-employed individual who is an income tax assessee or
  • Person engaged in Agricultural and allied activities.
  • Minimum Net Annual Income Rs. 75,000 (for regular petrol/diesel/gas operated scooters & motor cycles) and Rs. 60,000 (mopeds and battery-operated Two-wheelers)-

DOCUMENTS REQUIRED

 The following papers are to be submitted along with loan application:

  • Statement of Bank account of the borrower for last 12 months.
  • 2 passport size photographs of borrower(s).
  • Signature identification from bankers of borrower(s).
  • A copy of passport /voters ID card/PAN card.
  • Proof of residence.
  • Latest salary-slip showing all deductions and TDS certificate-Form 16 in case of salaried persons
  • Copy of Income Tax Return for last two financial years, duly acknowledged by ITO for professionals, self-employed and others.
  • Proof of official address for non-salaried individuals

UNIQUE FEATURE 

  •  Long term loans
  •  Minimum Documentation
  •  Loan for any bike or model
  •  Loan for buying used or new 2-wheelers
  •  Loan Against Your Bike or Scooter
  •  Bike loan without documents and hypothecation
  •  Low interest rates and pocket friendly EMI
  •  Loan for Self-Employed, Housewifes, Businessmen, Salaried