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 8.50% p.a. to fund your purchase. You will not only get the loan at an affordable rate of interest and with a flexible repayment tenure, 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.
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 |
8.50% p.a. onwards |
Maximum Loan Repayment tenure |
Up to 48 months |
Processing Fee |
3% |
Foreclosure Charges |
Nil After 12 Month |
Some of the key features of availing a Bajaj Auto Finance two wheeler loan are as under:
Loan Amount Up to 95% of the Bike Value: You can get a loan of up to 95% of the on-road price of the bike.
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 8.50% p.a.
Flexible Repayment tenure: You can choose the repayment tenure of your choice as per your convenience. Bajaj Finance bike loan allows you to repay the loan amount over a period of up to 48 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.
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. |
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).
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.
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.
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 |
The maximum repayment tenure for the Bajaj Auto Finance bike loan is 48 months (4 years).
There are no foreclosure charges applicable after the 12th month.