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Two Wheeler Loan

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.

Two Wheeler Loan Eligibility

  • Minimum age of the loan applicant should be at least 18 years and the maximum age limit should be 65 years.
  • Applicant should be residing in the same house for at least one year to show residential stability.
  • Applicant should be in a stable job for at one year or self-employed with IT returns of two years.
  • Applicant should have a good CIBIL score with credit bureaus
  • Applicant should have a permanent telephone number and possess KYC and other related documents.
Check Your Eligibility Apply Now

Two Wheeler Loan Interest Rates

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.

Documents Required for a Two Wheeler Loan

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)

Additional Documents for Salaried and Self-Employed

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

How to Calculate Two Wheeler Loan EMI?

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.

How to Apply for a Two Wheeler Loan - Online

It takes only 3 minutes to apply online for a Bajaj/KTM bike loan with Bajaj Auto Finance.

  • Fill basic details - Go to the online application form, fill your basic details like name, city, bike and model, etc.
  • Share your personal details - Share the personal details required.
  • Calculate your eligibility - Once your details are shared, the eligibility calculator will let you know your eligibility for the loan.
  • Get loan approval - It may take up to 24-hours to verify documents and get your loan approved.

How to Apply for a Two Wheeler Loan - Offline

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.

Two Wheeler Loan With Minimum Down Payment

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.


Buy Bikes on EMI