Apply for Two Wheeler Loan – Interest Rates, Eligibility, and More

A two-wheeler loan is a loan provided to anyone to buy their dream two-wheeler with EMI payment options.

State Bank of India

• The Repayment tenure is up to 4 years.
• Minimum documents needed while applying for a two wheeler loan.
• You apply loan for a wheeler or superbikes as well.

HDFC Bank

• The bank provides up to 100% on-road funding.
• There are document charges up to 2% of the loan amount.
• The repayment tenure is from 12 to 48 months.

Punjab National Bank

• The maximum tenure up to is 60 months, depending on your vehicle.
• The bank provides loans up to 10 lakhs and it depends on your vehicle.
• There are no repayment fees.

Union Bank of India

• The bank is offering two-wheeler loans up to 10 lakhs.
• There are no repayment chargers and application process charges.
• They provide repayment tenure of up to 3 years.
• Hypothecation of vehicle purchased out of bank's finance
• The application straightforward process for the loan.

Axis Bank

• Loan amounts start from 25001/-
• The Axis offers flexible and long-term repayment facilities.
• The repayment tenure range is 12 to 48 months.
• They provide up to 100% on funding for two-wheelers.

Lenders have certain Eligibility they expect you to fulfil before they process your application. These may vary from one lender to another. Some of the general Eligibility are as follows:

Note: These criteria may be different for different lenders. Check with the lender of your choice before applying.

With an EMI calculator, you can calculate your monthly amount for repayment. You have to repay the bank every month. Your processing charges and prepayment structure play a control role in your EMI. For more information, Go *& check out the financenu site.