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Getting Home A Two-Wheeler? 4 Tips To Follow

By Finserv MARKETS - Aug 24,2019
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4 Tips To Follow While Getting a Two Wheeler


Around 20 million two-wheelers were sold to domestic customers in 2017/18, making it the most popular vehicle category sold in India. Two-wheeler vehicles include scooters, motorcycles and mopeds.

When it comes to commuting in a city, especially in India, there’s nothing better than a two-wheeler that can help you whiz past busy streets and meander through traffic. You can also find parking easily, travel short distances without spending a fortune and save on your precious time.

But the actual purchase can be a tough choice, deciding which brand of two-wheeler to buy. There are so many things to consider: from the brand and cost to the colour and mileage.

Since you’ve decided to buy one, giving in to the temptation of practicality and convenience of using a two-wheeler in the crowded lanes of India, we round up some important points you should keep in mind before purchasing.

Decide which one to buy:

First of all, decide whether to buy a scooter or a bike. The absence of gears in the former is the fundamental difference between the two. You will be able to man oeuvre the roads better without changing gears and get better storage space at a lower cost. Bikes would have more stability and strength. Next, decide on the features and brand. Get a good brand so that the two-wheeler has a high resale value. Do not settle for anything less when it comes to mileage: on an average, a decent two-wheeler will be able to provide you with a mileage of 35-40 km/l, with scooters going as good as 50-55 km/l on the highways. A good mileage can bring down the daily expenses, so check a vehicle’s fuel-efficiency. Last but not least, look out for the safety features that include ABS, EBD, traction control, rear seats and radar-based assistance system.

Determine your budget:

Before buying a two-wheeler, it is important that you consider your budget. A two-wheeler should cost somewhere in the range of Rs 45,000 to 70,000, but with bikes, at the other end of the spectrum, it could go up to Rs 2 lakhs. If it is a sports bike you are after, then it might go up to as much as Rs 13-14 Lakhs! Opt for whichever bike you like, whether a cruiser or a sports variant and if you don’t want to compromise on the budget, head over to the online marketplace of loans and apply for a Bajaj Finserv Two Wheeler Loan.

Check Options For A Loan:

In order to avail a loan for your two-wheeler, the minimum age is 21 years. If you are eligible, you can visit Finserv MARKETS and avail a Bajaj Finserv Two Wheeler Loan. When on the website, do make use of the tools available to find out the loan amount you can avail, the tenure, interest rate, the EMI schedule etc.

Buy Insurance:

Buying motor insurance is a must. The law also mandates that your vehicle be insured. The best Two-Wheeler Insurance policies provide comprehensive coverage against a majority of damages and losses. Similarly, health insurance is mandatory for all individuals possessing a motor vehicle. You can buy health insurance policies easily online too, at Finserv MARKETS.

Now that you have made a note of all the important considerations, go ahead and fund your dream two-wheeler with a Bajaj Finserv Two-wheeler Loan, available on Finserv MARKETS. Finserv MARKETS makes the online insurance purchase process fast and simple, providing a high degree of transparency and lower documentation requirements, so you can get your bike home in the blink of an eye.

“Finserv MARKETS, from the house of Bajaj Finserv, is an exclusive online supermarket for all your personal and financial needs. We understand that every individual is different and thus when you plan to achieve your life goals or shop for the gadget of your dreams, we believe in helping you Make it Happen in a few simple clicks. Simple and fast loan application processes, seamless, hassle-free claim-settlements, no cost EMIs, 4 hours product delivery and numerous other benefits. Loans, Insurance, Investment and an exclusive EMI store, all under one roof – anytime, anywhere!”


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Bajaj Finserv Direct Limited ("BFDL") is primarily engaged in distribution of financial products and services through its digital platform (“Bajaj Finserv MARKETS”) and inter alia renders services of customer acquisition, providing preliminary credit support activities, fulfilment services and post-acquisition customer services to Banks, NBFCs, HFCs. BFDL is also a registered Corporate Agent (Composite) under valid IRDAI registration number: CA0551 valid till 10-Apr-2024 for solicitation and servicing of Insurance Products. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522