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India is home to a lot many bike enthusiasts as it is a very empowering and practical option given the condition of the roads in most Indian cities today. As navigation gets easier, two wheelers have been mushrooming across the country in large numbers. If you are planning to buy a bike or replace your old one but falling short of funds, securing a loan can be quite a tedious process. But with the knowledge of the right bike loan documents and eligibility criteria, this process can be made simple and hassle-free. Read on to know more.

Documents Required for a Two Wheeler Loan

The documents required for a bike loan vary from a salaried person to a self-employed person. For a salaried person, the primary document needed is a valid ID and address proof. The ID proof can be documents like a passport, PAN card, driver’s license, or any such state or central Government-issued documents. Along with 2 passport-size photographs, the applicant will also need to submit the last 3 months’ salary slips and bank statements. To validate the address, documents should be issued by PSU, a private bank, or MNC bank only and should necessarily be named after the applicant's wife/husband or parents. In contrast, for a self-employed individual, documents required are ID proof, Address proof, 2 recent size photographs, the latest Income tax return, and a bank statement. Here is a detailed list of the two wheeler loan documents required in a simplified format:

Sr No

Salaried Person

Self Employed


A Valid ID Proof

(Including documents like a Passport /PAN Card/Driver's License/Voter's ID/Aadhaar Card)

A Valid ID Proof 

(Including documents like a Passport /PAN Card/Driver's License/Voter's ID/Aadhaar Card)


Two recent photographs (passport size)

Two recent photographs (passport size)


A Valid Address Proof

A Valid Address Proof


Documents stating the previous three Months Salary Slips or Form 16 or the most recent ITR

Documents stating the most recent Income Tax Return (ITR)


It is compulsory to include the bank statement of the  previous three months 

It is compulsory to include the bank statement of the  previous three months 


Letter of Employment

TDS Certificate


Details of the Company 

Eligibility Criteria For Two Wheeler Loan

Most banks have simple two wheeler loan eligibility criteria that you need to fulfill in order to get a bike loan.  Let us take a look at who can apply for these loans:

Individuals who are:

  • Self-Employed or Salaried person

  • Should be aged between 21 to 60 years (at the end of the loan tenure)

  • Must be employed for at least 1-year

  • Should have been residing in that particular city for a period of 1 year or more


If you are looking to buy your dream bike or scooter, it is necessary that you meet the eligibility criteria for two wheeler loans. Along with that, it is imperative to have a thorough knowledge of the kind of documents required based on whether you are a salaried or a self-employed person. Benefiting from the best two wheeler loan ensures that your dream of owning a bike becomes a reality. Thus, you should consider all of the above factors cautiously before making your decision.

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