Two-wheeler loan

To apply for a two-wheeler loan, you typically need to be of eligible age, have a stable income, possess a good credit score, have a valid proof of residence and identity, and possibly be able to make a down payment. Specific requirements can vary based on the lender.

Typically, our lending partners comprise banks and NBFCs that offer two-wheeler loans at the most competitive rates. You can opt for the best quote among the various bank loan offers on our website.

You can apply online for instant loan approval with only your PAN card details. However, for the final disbursal and processing of your bike loan application with the selected lender, you would be required to submit your KYC documents, including your identity proof and current address proof, a copy of your PAN card, bank statement, and income proofs (Form 16/Salary Slips/ITR). You can get the exact requirements from your loan consultant or selected lender after applying with us.

Generally, you can get bike finance of up to 95% of the on-road invoice price of a two-wheeler. In some cases, lenders may provide up to 100% of the invoice price, but this is subject to certain conditions.

The interest rate for a bike on EMI primarily depends on the principal amount and the loan tenure. Interest rates from lenders generally range from 10% per annum to 25% per annum.