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✓ Attractive Interest Rates ✓ Repayment Tenure of up to 3 Years ✓ Smooth Online Process 

If you are planning to purchase a bike but do not have the requisite funds, you can easily avail a Bajaj Auto Finance Two Wheeler Loan at competitive interest rates starting from 11.20% p.a. to fund your purchase. You will not only get the loan at an affordable rate of interest and with a flexible repayment tenor, even the documentation requirement and processing time are also minimal.

If you apply for the Bajaj Auto Finance bike loan through Bajaj Markets, you get many other benefits as well, such as a seamless and hassle-free application process and numerous add-on benefits.

Bajaj Auto Finance Two Wheeler Loan Interest Rate & Charges

The following table illustrates the applicable interest rate and other charges that you have to pay if you avail a Bajaj Auto Finance two wheeler loan:

Interest Rate

11.20% p.a. onwards

Maximum Loan Repayment Tenor

Up to 36 months

Processing Fee

1% onwards

Foreclosure Charges

3% on principal outstanding amount if foreclosed before 12th EMI is billed + GST (As applicable for loans disbursed w.e.f. 22nd July 2015). No Charges after 12th EMI

 

Bajaj Auto Finance Bike Loan Features and Benefits

Some of the key features of availing a Bajaj Auto Finance two wheeler loan are as under:

  • Loan Amount Up to 100% of the Bike Value: You can get a loan of up to 100% of the on-road price of the bike without pegging any collateral. It is useful if you cannot afford to make a down payment.

  • Affordable Interest Rate: While the exact interest rate levied is dependent upon multiple factors such as your income, CIBIL score, etc., Bajaj Auto Finance offers bike loans at really affordable interest rates starting from 11.20% p.a.

  • Flexible Repayment Tenor: You can choose the repayment tenor of your choice as per your convenience. Bajaj Finance bike loan allows you to repay the loan amount over a period of up to 36 months.

  • Minimal Documentation: Bajaj Auto finance requires only some basic documents like the standard KYC documents (id proof and address proof) and a proof of income (salary slips/income tax returns) before sanctioning you a Bajaj Finance bike loan.

Bajaj Auto Finance Two Wheeler Loan Eligibility Criteria

You need to fulfil the following eligibility criteria in order to avail a Bajaj Auto Finance two wheeler loan:

Criteria

Requirement

Age Criteria

Between 18-65 years of age

Residential Status

The applicant must be a resident of the city in which they are applying for the loan for at least the past one year. Relevant evidence must be submitted for the same.

Employment Status

For salaried individuals, they must be employed with a reputable firm for at least three years. For self-employed individuals, the applicant must provide proof of successful and profitable business operations over the past two years.

CIBIL Score

750 or above

Document and Contact Information Requirements

The applicant must possess all of the standard KYC-related documents, income proofs and a mobile number.

 

Documents Required for Bajaj Auto Finance Two Wheeler Loan

You need to furnish the following documents in order to be eligible for a Bajaj Auto Finance two wheeler loan:

  • ID Proof: Aadhaar Card, Voter ID Card, PAN Card, Passport, etc.

  • Address Proof: Voter ID Card, Aadhaar Card, Driving Licence, Passport, Utility Bills, Rent Agreement, etc.

  • Income Proof: Last three months’ salary slips or Form 16 (for salaried applicants) or Income Tax Return (ITR) certificate (for self-employed applicants).

How to Apply for Bajaj Auto Finance Two Wheeler Loan Online?

Applying for a Bajaj Auto Finance bike loan through Bajaj Markets is simple and hassle-free. All you need to do is follow the below-mentioned steps and you can easily get a Bajaj Auto Finance bike loan:

  • Step 1: Visit the Automobile Loan application page on the Bajaj Markets website by simply clicking here.

  • Step 2: Verify yourself by entering your mobile number and date of birth.

  • Step 3: Now enter all the required information in the online application form, including the bike’s make and model.

  • Step 4: Provide the required documents as discussed in the previous section to complete the application process.

  • Step 5: Once the application process is completed, it may take up to 24 hours for the approval to come in. The loan is approved only after all the documents provided by you are verified.

Why Choose Bajaj Markets for Bajaj Auto Finance Two Wheeler Loan

You get a number of benefits if you choose Bajaj Markets to avail a Bajaj Auto Finance two wheeler loan:

  • Easy Application: If you choose Bajaj Markets for availing a Bajaj Auto Finance bike loan, the application process would be easy and hassle-free, plus your loan would be processed with minimal documentation.

  • Swift Approval and Disbursal: Your loan is approved within 24 hours of application (post document verification) and the amount is also credited to your bank account without much delay.

  • Add-on Benefits: You also get many add-on benefits and privileges if you apply for your Bajaj Finance two wheeler loan at Bajaj Markets. For example, you get an insurance cover to protect your liability and a free credit health report if you apply for a bike loan through Bajaj Markets.

Bajaj Auto Finance Two Wheeler Loan Customer Care Details

You can contact Bajaj Auto Finance customer care through any of the following channels:

Missed Call Self-Service

Give a missed call to the 24*7 helpline number 97177 52222 to know your loan account details.

Customer Care Number

You can download the official My BAFL app on your Android/iOS smartphone.

Email ID

bflcustomercare@bflaf.com

Postal Address

Bajaj Finance Ltd, Yamuna Nagar Gate, Old Mumbai Pune Highway, Akurdi, Pune, Maharashtra 411 035

Bajaj Auto Finance Two Wheeler Loan FAQs

✔️What is the maximum loan repayment tenor of Bajaj Auto Finance bike loan?

The maximum repayment tenor for the Bajaj Auto Finance bike loan is 36 months (3 years).

✔️Are there any foreclosure charges on the Bajaj Auto Finance two wheeler loan?

You have to pay 3% on principal outstanding amount if foreclosed before 12th EMI is billed + GST (As applicable for loans disbursed w.e.f. 22nd July 2015). However, no foreclosure charge is applicable if the loan is closed after the payment of the 12th instalment.