How Much Minimum Down Payment is Required for Two Wheeler Loan?

Bike loans have become immensely popular with a substantial segment in India which aspires to own a bike but is hard pressed for finances. Bajaj Auto Finance offers bike loans at attractive rates and low-cost EMIs. Speedy loan approvals and flexible tenure have made it a lot easier for people to avail this facility and buy a two-wheeler of their choice. Bajaj auto finance offers attractive down payment schemes ranges from 0% to 30% depending on customer profile.


Minimum Down Payment Required for a Bike Loan


When you decide to buy a two-wheeler, you are required to pay a certain amount as a down payment to the lender. It ranges from 15-30%* of the two-wheeler value. Down payment solely depends on the cost of the bike and your repayment capacity. It is advisable to pay some amount as down payment for availing lower EMIs on bike loan. Down payment also depends on your source of income and what kind of bike you plan to purchase.

apply for a two wheeler loan  

Factors Affecting Down Payment Amount


We will help you calculate a suitable down payment while ensuring you get the lowest EMI possible. But, before that, you should know the factors affecting the down payment amount

  • Cost of the bike
  • Your repayment capacity
  • Credit score - the higher the score, the higher the amount you can get as a loan

You can use our bike EMI Calculator to know the amount you have to pay every month as an EMI. This amount should be comfortable for you to pay off, without burdening you financially.

Additional Read: How to Buy Bike on EMI ?

Bike Loan Processing Fees


There is also a bike loan processing fee charged for availing a bike loan. The fee is charged for processing the request for the loans. They are also, generally calculated in percentages of the total loan amount. The processing fee is non-refundable under any given situation.

Contact Bajaj Auto Finance


To get the best deal and lowest interest rate on your loan, contact Bajaj Auto Finance.

Apply for Loan Calculate Your EMI


In zero down payment your financer pays the entire cost of the product. Bajaj auto finance provides finance up to 95%* of the value of the bike.
Check two wheeler loan eligibility criteria on our two wheeler loan eligibility criteria page.
Bajaj auto finance provides finance upto 95%. Check your eligibility and apply here for two wheeler loan.

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