Overview

Having a two wheeler has become a necessity today, but the feeling of owning a bike is still beyond words. Bajaj bikes, in particular, have amassed a huge fan following owing to their appearance, technological advancements and mileage they provide. Do you want to buy a Bajaj Bike but have short funds? No worries! Apply for a Bajaj Auto Finance Bike Loan on Finserv MARKETS through a smooth online process.

Bajaj Auto Finance Bike Loan Interest Rates

Now enjoy low interest rates on Bajaj Auto Finance Bike Loan. With the interest rates starting from 7.25% onwards, you can pay the EMIs conveniently. The processing fee charged ranges between 1%-3% of the loan amount. Interest on the loan typically depends on income, Credit Score, age etc.

Bajaj Auto Finance Two Wheeler Loan EMI

While you have planned to take a two wheeler loan, it is important for you to plan the repayment of the loan through EMIs. Using the EMI Calculator available on Finserv MARKETS, get to know the EMI amount you need to repay in an instant. Just enter the loan amount, interest rate and repayment tenure and get the EMI amount in an instant. The tool will help you plan your finances better.

Bajaj Auto Finance Two Wheeler Loan: Eligibility & Documents

Eligibility Criteria
  • Your age must be above 18 years during the time of application and below 65 years at the time of loan maturity.
  • To confirm your residential stability, you must be residing in the same house for at least 12 months.
  • As a salaried applicant, you must have a work experience of at least 1 year.
  • As a self-employed applicant, you must have a business vintage of 2 years at least.
  • You must have a permanent mobile/landline number.
Documents Required
  • Identity Proof: Aadhaar Card/PAN card/Passport/Driving License/ Voter ID
  • Address Proof: Aadhaar Card/PAN card/Passport/Driving License/ Voter ID/ Latest Electricity Bill/Water Bill
  • Salary slips of last 2 months (for salaried applicants)
  • Bank statement of last 6 months/Form 16 (for salaried applicants)
  • ITR of last 3 years (for self-employed applicants)
  • Sales tax returns (for self-employed applicants)
  • TDS Certificate (for self-employed applicants)

How to Apply for Bajaj Auto Finance Two Wheeler Loan

Applying for Bajaj Auto Finance Two Wheeler Loan on Finserv MARKETS is really simple. Take a look at the simple steps that you need to follow:

 

  • Enter your mobile number and date of birth.
  • Fill in your personal, professional and vehicle details like make, model, dealer name.
  • Check the loan amount you are eligible for.
  • Enter the loan amount and repayment tenure as per your choice.

 

Frequently Asked Questions on Two Wheeler Loans

  • ✔️How much interest is charged by Bajaj Auto Finance on a two wheeler loan?

    The interest rate charged on a two wheeler loan starts from 7.25%.

  • ✔️What is the maximum tenure of Bajaj Auto Finance bike loan?

    The maximum tenure of Bajaj Auto Finance bike loan is 3 years.

  • ✔️How much can I borrow from Bajaj Auto Finance as a loan?

    You can borrow 100% of the Ex-showroom price of a two wheeler as the loan.

  • ✔️How much processing fee is charged by Bajaj Auto Finance on bike loan?

    The processing fee ranges between 1%-3% of the loan amount.

  • ✔️Is age an eligibility factor to get a two wheeler loan from Bajaj Auto Finance?

    Yes, you must be between 18-65 years to be eligible for a two wheeler loan.

  • ✔️Are there any prepayment charges on Bajaj Auto Finance two wheeler loan?

    The prepayment charges are 3% of the outstanding loan amount, if done before the 12th installment plus GST.