A quick guide on two wheeler loans

Is it your dream to own a bike? But, don’t have the funds to pay for the bike upfront? Worry not, apply for a two-wheeler loan and start riding your bike, without worrying about documentation and lengthy processing hassles.

For many, their bikes are more than just a mode of transport. It’s a close pal and trusted ally. Fast, convenient, and hassle-free, with a bike you no longer have to ride congested public transportation nor shell out a huge chunk of your income, to hire taxis. And, for several youngsters, owning a bike is their first taste of independence.

Though bikes are nowhere near the cost of a car, paying upfront for them can put a dent in your monthly household finances. This is where Bajaj two-wheeler loans come into the picture.

Why take a Two-Wheeler Loan?

  • No need to pay for the bike upfront – Instead, your lender pays for the two-wheeler and you pay it in small, manageable EMIs.
  • Simple, fast and hassle-free - You can get your Bajaj bike loan approved within a couple of days, without having to deal with endless documentation and collateral requirements.
  • Easy eligibility - Unlike other loans like home loans, business loans that have a whole array of requirements, two-wheeler loans are readily available to all.
  • Boost your CIBIL score - With a simple Bajaj two wheeler loan, that can be repaid easily, you give a significant boost to your credit score, enhancing your future prospects.

 

Key Points to know before applying for Bajaj two-wheeler loans:

  • Eligibility – Any individual between the ages of 21 ( or 18 with a co-applicant) to 65 (at the time of loan maturity) can apply for a bike loan. However, your lender may check your repayment capability before sanctioning the loan.
  • Documentation – To apply for the loan, you have to submit KYC documents like proof of ID, proof of address, along with recent passport size photographs. Additionally, you may have to provide your last salary slip or bank passbook statement to prove your income eligibility.

For acceptable documents, please check here.

Where and How to apply for a Bajaj Bike Loan?

The best way to apply for a Bajaj Bike loan is online. Just go here, and fill up your basic and personal information, after which you get to know your loan eligibility. Not just that, you can also give your document details and get instant approval on your loan within 5 minutes*.

However, if you wish to speak to an expert to help you with the process, just fill up this form, and an executive will call you back.

With easy availability and excellent interest rates, don’t put your two-wheeler dreams on hold. Take advantage of interesting Bajaj auto finance schemes, and enjoy your new-found independence and a whole lot of convenience.

 

*Terms and conditions Apply

Finance at the sole discretion of Bajaj Finance Ltd.