Vehicle Loan

In the new normal, owning your own two wheeler is not just a matter of pride but also a safe means to commute. To support you in making your choice of bike available within your reach, we bring to you different EMI repayment options and flexible tenures empowering you to manage your current flow of income & expense efficiently.

With our end to end digital process, minimal documents, get a new bike with a down-payment of Rs 1,999*. Now owning your ride seems like an easy choice.

In fact, pre-approved Bank customers can get an instant Two Wheeler Loan disbursed to a dealer of their choice in 10 seconds without any documents.

Flexible Repayment Tenure

Decide whether you would like your loan tenure to be just 12 months or 48 months, with our pocket-friendly EMI repayment options.

Competitive Rates

  • Bank account holders can enjoy savings of up to Rs. 4,813/-* with our competitive interest rates
  • *Savings calculated on loan amount of Rs. 1,00,000 /- for a period of 3 years.

Quick Loans

Get disbursal to a dealer of choice within 10 seconds with our preapproved loans. For others, apply online or at any of our branches across India within minimum documents for a quick offer and approval.

Interest Rates for Two Wheeler Loan

Bank Lowest Interest Rate Processing fee
Bank of India 7.85% p.a. Rs.500 - Rs.10,000
Syndicate Bank  9.65% p.a. Minimum Rs.125
Punjab National Bank  9.8% p.a. 0.5% of loan amount or Rs.1,000
Corporation Bank   10.25% p.a. 0.50% of the loan amount
Union Bank of India 10.30% p.a. 0.50% of the loan amount
Canara Bank 10.45% p.a. Rs.1,000 to Rs.5,000
L&T Finance 10.75% p.a. At L&T discretion
State Bank of India (SBI) 16.45% p.a At SBI discretion
HDFC Bank 11.83% p.a. Maximum 3% of the loan amount
Andhra Bank  RLLR+1.95% Rs.500 and Maximum
Bank of Baroda BRLLR + Strategic Premium + 4.00% 2% of loan amount
UCO Bank  UCO Float + 4.55% p.a. 1% of the loan amount