✓ Attractive Interest Rates ✓ Repayment Tenure of up to 4 Years ✓ Smooth Online Process  Apply Now

Bike Loan Details

  • Interest Rate: 0.99% p.a.* Onwards
  • Loan Amount Range: Up to 100% of the on-road price of the bike
  • Loan Tenure: Up to 4 years


A two wheeler loan allows you to purchase your dream bike and pay for it in monthly instalments over a period of time. Get two wheeler finance at an affordable interest rates with quick processing at Bajaj Markets.

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Bajaj Auto Finance

7.30% p.a.

4 Years

Up to 95% of the bike's value


L&T Finance

6.49% p.a.

4 Years

Up to 100% of the bike’s value


Muthoot Capital

0.99% p.a.

4 Years

₹3 Lakhs

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It is important to throughly evaluate the bike loan interest rate before you choose a two wheeler loan lender. Lower the interest rate, lower will be your monthly EMIs. Check the interest of our two wheeler loan providing partner and apply now.

How to Apply for a Two Wheeler Loan

The process of applying for a two wheeler loan online through Bajaj Markets is fairly easy. Simply, follow the below steps:

  • Fill in the basic details

    Fill in details pertaining to your identity and address

  • Choose Your Bike and the Amount you Need

    Feed information with bike details, dealer and the loan amount you need

  • Submit Details

    Submit your applications, a representative will call you to take things forward.

two wheeler loan

Bike Loan EMI Calculator

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Documents Required for Bike Loan

  • Identity Proof: PAN card, Voter ID, Passport and Driving License

  • Address Proof: Utility Bills, Passports, Government Issued-documents etc.

  • Income Proof: Salary slips, IT Returns, Bank A/c Statements, audited financial statements etc.

Bike Loan Eligibility

  • Minimum 18 and maximum between 65 to 70 years

  • Applicant should be resident of India

  • Applicant should have good CIBIL Score
  • Salaried applicant should have atleast one year of job and self employed applicant should have IT returns for atleast 2 years

Features and Benefits of Two Wheeler Loan

Foreclosure charges of only up to 3% of the amount

You can foreclose your bike loan ahead of maturity for a nominal fee. Note, you will only be charged if you choose to do so before the 12th EMI. You can also opt for part-payment.

Pre-approved offers

At Bajaj Markets, you will also get to choose from many customised pre-approved two wheeler finance offers often. That way, you will be able to compare them and then choose right option for you.

Easy cash options

 If you do not have a bank account, you can also repay your 2 wheeler loan in cash. This is also a feature that you can avail as a user of Bajaj Markets.

Flexible Repayment Tenure

You get a flexible repayment tenure ranging upto 4 years. This feature helps you to repay your loan in a time period that best suits your financial plan.


Can I get a 100% bike loan?

You can avail up to 95% of the bike amount as a two wheeler loan on Bajaj Markets.

Can anyone get a two wheeler loan?

Anyone can get a bike loan. But, they must be at least 21 years old and earn a minimum of ₹7000 per month and have been working with a company for at least 1 year.

Do I need a guarantor for a two wheeler loan?

If you fulfil the two wheeler loan eligibility criteria, you will not need a guarantor. However, if you think that you do not meet the criteria, you can get one on board. You can also present a guarantor to simply increase your chances of getting the loan.

What is the minimum down payment for bike loans?

Minimum down payment can be anywhere between 15-30% of the loan amount. It will depend upon the lender. The down payment amount will also depend on the cost of the bike and your own repayment capability.

How can I buy scooty on EMI?

You will need to first check your eligibility. If you satisfy the laid-out eligibility criteria, you can apply for a Scooty though Bajaj Markets through a quick and secure process.

Can I get a bike loan if I am a student and have no income?

Yes, you can get a bike loan as a student with no income, but you will need to get a guarantor on board. The guarantor, who will become the co-applicant, must fulfil the bike loan eligibility criteria and have a stable source of income.

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