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.

A two-wheeler loan is the best option to own your dream bike without redeeming your savings. It is the best way to manage your finances when you do not have other means. You can get up to 100% of your bike’s on-road price as a loan without pledging anything as collateral. With affordable interest rates and longer loan tenure, you can plan your repayments based on your needs.
10 Years
Experience

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 at the time of loan maturity.

  • Applicants should be residing in the same house for at least one year to show residential stability.

  • Applicants should be in a stable job for atleast one year or self-employed with IT returns of two years.

  • Applicant should have a good CIBIL score with credit bureaus

  • Applicants should have a permanent telephone number and possess KYC and other related documents.

Documents Required for 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)