Two-Wheeler loan - Apply for Bike finance at the best interest rates
Explore the world of hassle-free two-wheeler loans with 91Wheels. Discover your instant bike loan eligibility with up to 100% financing from leading banks, offering the best interest rates and EMI options.
Two-Wheeler Loan Details | |
---|---|
Interest Rate | 8% Onwards |
Loan Tenure | 1 to 4 years |
Processing Fees | Varies with bank |
Collateral/Security Requirement | None |
How Does This Work ?
Looking For Two-Wheeler Loan ?
- Lowest EMI
- Best interest rates
- Multiple bank options
- Fast process
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- Interest rate8.5% onwardsProcessing fees1%Loan amountUpto 90% of ORP
- Interest rate8% onwardsProcessing fees1%Loan amountUpto 90% of ORP
- Interest rate8% onwardsProcessing fees1%Loan amountUpto 90% of ORP
EMI Calculator
On Road Price | ₹ 2,00,000 |
Loan Amount | ₹ 1,80,000 |
Total Interest Payable | ₹ 41,579 |
Total Payment | ₹ 2,21,579 |
Bikes Question And Answers
- +1 Answers91Wheels Expert • 8 month ago
You must pay the downpayment on TVS Apache RR 310 of atleast 10-30% of an ex showroom price, i.e Rs 30,545 depending upon the variant you choose. TVS Apache RR 310 EMI starts at Rs 5,640 per month for a loan period of 60 months @8.5% interest rate a
Read moreHelpful(4) Reply - 91Wheels Expert • 8 month ago
You must pay the downpayment on Suzuki Gixxer 150 of atleast 10-30% of an ex showroom price, i.e Rs 15128 depending upon the variant you choose. Suzuki Gixxer 150 EMI starts at Rs 2,795 per month for a loan period of 60 months @8.5% interest rate and
Read moreHelpful(5) Reply - +1 Answers91Wheels Expert • 8 month ago
You must pay a down payment on a Hero Super Splendor of at least 10–30% of the ex-showroom price i.e Rs. 9079 depending on the variant you choose. Hero Super Splendor EMI starts at Rs 1,676 per month for a loan period of 60 months @8.5% interest rat
Read moreHelpful(7) Reply - +1 Answers91Wheels Expert • 9 month ago
You must pay the downpayment on Yamaha R15 M of atleast 10-30% of an ex showroom price, i.e Rs 22,033 depending upon the variant you choose. Yamaha R15 M EMI starts at Rs 4,068 per month for a loan period of 60 months @8.5% interest rate and a loan a
Read moreHelpful(4) Reply - +1 Answers91Wheels Expert • 8 month ago
You must pay a down payment on a TVS Raider 125 of at least 10–30% of the ex-showroom price of Rs 10,693, depending on the variant you choose. TVS Raider 125 EMI starts at Rs 1,974 per month for a loan period of 60 months @8.5% interest rate and a l
Read moreHelpful(5) Reply
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Popular Bikes EMI
Two Wheelers Loan FAQs
If you're looking to buy a bike on EMI, here's what you need to do:
- Check Your Eligibility: Make sure you have a good CIBIL score and proof of residential and employment stability. You can check your eligibility for a bike loan online and find a list of required documents on our website.
- Calculate Your EMI: Use our two-wheeler EMI calculator to estimate your monthly instalments.
- Apply for a Bike Loan Online: Once you've determined your EMI, fill out the application form on our website with your basic details. Upon submission, our representative will get in touch with you.
Two-wheeler loans have a flexible repayment method where you can choose your monthly EMI and tenure according to your comfort.
If you plan to buy a two-wheeler and do not want to use your savings, a two-wheeler loan is the best option.
The benefits are:
- The interest rate on this type of loan is usually low, so you can quickly pay off the loan through small EMIs.
- Banks offer up to 100%* loan for two-wheelers, which is another advantage.
- The documentation process is simple, and the loan processing is quick.
- You can apply for a two-wheeler loan online; the approval process takes less time than other loans.
- Two-wheeler loans also have a flexible repayment method, allowing you to choose your monthly EMI and tenure according to your comfort.
You can use the two-wheeler EMI calculator to calculate your EMI.
You must be between 18 and 65 years old to be eligible for a two-wheeler loan.
Please note that additional documents are required for both salaried and self-employed individuals. Below are the documents that are needed:
For Salaried Persons:
- Employment or offer letter
- Salary slips for the last two months
- Bank statement of the last six months or Form 16
For Self-Employed:
- Income Tax Returns (ITR) of the last three years
- Last six months' bank statements
- Sales tax returns
- TDS certificate
- Company details