A two wheeler loan enables you to buy a bike of your choice on low-interest rates with monthly EMIs without hurting your budget. EMIs or Equated Monthly Installments are designed to repay the two wheeler loan at affordable prices. The tenure for EMIs ranges from 1 to 3 years - we also offer the option of pre-closure of the loan by paying the entire amount with some pre-termination charges.
|Interest Rates||7.85%* Onwards|
|Maximum Repayment Tenure||36 Months|
|Processing Fees||1% - 3.5%*|
Here you can check the all detalis about two wheeler loan interest rates.
Here is a list of documents required for a two wheeler loan:
Identity Proof: Aadhaar Card, PAN Card, Passport, Driving License or Electoral Voter Identity Card (Should have one out of these)
Address Proof: Aadhaar Card, PAN Card, Passport, Driving License, Latest Electricity Bill, Latest Phone Bill, Latest Bank Passbook reflecting the current address, Property Documents or Water bill (Should have one out of these)
Salaried Persons: Employment or offer letter, Last salary slips <45 Days, Last six months bank statements and latest form 16
Self-Employed: Last three years income tax returns, Last six months bank statements, Sales tax returns, TDS Certificate, Company details
The two wheeler loan EMI calculator is another unique feature we offer. Use the calculator to compare the interest rates and EMIs of different banks before making a final decision on the purchase of the two-wheeler of your choice.
You can apply for a two wheeler loan offline by calling our representative or visiting our branch office. Our customer care executive will guide you through the process of applying for a Bike loan, and you have to fill up the application form and attach all the relevant documents.
Enjoy the facility of a small down payment for bike loan which means you get finance of up to 95%* of the value of the bike with our two wheeler loan.APPLY FOR LOAN