Eligibility and Documents required for two wheeler loan

Getting loan on a Bajaj Bike or KTM is very easy and quick with Bajaj Auto Finance if you fulfill the loan eligibility criteria.

Eligibility Criteria

  • Should be 21 years old (or 18 years with a co-applicant) at the time of application
    OR
  • Less than or equal to 65 years at loan maturity
  • Should have stayed in the same city for minimum 1 year
  • Minimum 1 year of employment stability for Salaried & Self employed.
  • Postpaid mobile connection

Documents:

Salaried person:

  • ID Proof: Passport /Photo credit Card/Pan Card /Driver's License /Voter's ID/Aadhaar Card/ Identity card with applicant’s photograph issued by Central/ State Government Departments, PSU.
  • Two recent passport size photographs
  • Address Proof: Passport/Driver's License /Voter's ID/Utility Bill/Aadhaar card/Bank account or Post Office savings bank account statement. It should be computerized documents issued by PSU, Pvt Sector or MNC Banks only. /   Property or Municipal Tax receipt; Address proof in the name of the applicant's spouse or parents name is acceptable
  • Last 3 month's salary slips/ Form 16/Latest ITR
  • Last 3 month's bank statement is mandatory

Self Employed:

  • ID Proof: Passport /Pan Card/Driver's License/Voter's ID/Aadhaar Card
  • Two recent passport size photographs
  • Address Proof: Passport/Driver's License /Voter's ID/Utility Bill/Aadhaar card/Bank account or Post Office savings bank account statement. It should be computerized documents issued by PSU, Pvt Sector or MNC Banks only.  (All banks except corporation bank)/  Property or Municipal Tax receipt; Address proof in the name of the applicant's spouse or parents name is acceptable
  • Latest Income Tax Return (ITR)
  • Last 3 month's bank statement is mandatory

If you are eligible for a bike loan and have all the documents ready, then click here to apply for your two wheeler.

*Conditions apply.

**Bajaj Finance Ltd. reserves the rights to call upon any additional documents at its discretion.