BAJAJ FINSERV DIRECT LIMITED
✓ Interest Rates Starting @ 0.99% p.a. ✓ Up to 100% Financing ✓ Repayment Tenure of up to 4 Years

Muthoot Capital Bike Loan

Get a Muthoot Capital Two-wheeler Loan of up to ₹3 Lakhs on Bajaj Markets

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Starting Interest Rate

0.99% p.a.

Max. Loan Amount

₹3 Lakhs
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Max. Tenure

4 Years

Founded in 1994, Muthoot Capital Services Ltd., part of the Muthoot Pappachan Group, is a leading automobile finance company in India. It offers two-wheeler loans through Muthoot FinCorp's extensive branch network, empowering you to achieve your vehicle ownership goals easily.

The Muthoot Capital Two-wheeler Loan enables you to purchase a bike of your choice without making any down payment. Get an amount up to 100% of your bike’s on-road price with this loan, now available on Bajaj Markets. You can borrow up to ₹3 Lakhs and repay the loan over flexible tenures ranging up to 4 years.

Muthoot Capital Two-wheeler Loan Interest Rates and Charges

The interest rates and charges applicable to this loan are as listed below:

Interest rate

0.99% p.a. onwards

Processing Fee

2% to 4% + GST

Late Payment Charges

2% per month

Loan Cancellation

₹350

Rescheduling Charges

₹750

NOC Charges

  • Free for the first time

  • ₹100 - second time onwards

Collection Charges

₹450

Stamp Duty

As levied by the state government

*Disclaimer: The rates are subject to constant change at the lender’s discretion.

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Muthoot Capital Two-wheeler Loan Eligibility Criteria and Documents Required

Meet the following criteria to be eligible for this bike loan:

  • You must be either a salaried or a self-employed individual

  • If salaried, you should have a salary of at least ₹96,000 per year

  • If self-employed, you must have a yearly income of at least ₹1.2 Lakhs

  • You should fall under the age bracket of 18 to 65 years

In addition to this, keep the following documents handy when applying for this loan:

  • Identity Proof: Any one of the following

    • Aadhaar card

    • Voter ID

    • Passport

    • Driving licence

  • Address Proof: Any one of the following

    • Aadhaar card

    • Voter ID

    • Passport

    • Driving licence

    • Ration card

  • Income Proof: Any one of the following

    • Bank statements

    • ITR filings

    • Salary slips

    • Form 16

  • Asset proof: Latest land, building, or house tax receipt

  • Recent passport-size photographs of the applicant

Features and Benefits of a Muthoot Capital Two-wheeler Loan

High Loan Amount

Secure amounts as high as ₹3 Lakhs and purchase a two-wheeler of your choice

Up to 100% Funding

Get up to 100% of the bike’s on-road price, and own the two-wheeler with zero down payment bike loan

Affordable Interest Rates

Interest rates charged on these loans start at just 0.99% p.a.

Minimal Processing Fee

Save on your borrowing costs with a low processing fee, ranging from 0% to 4% of the loan amount

Easy Documentation

Documentation is simpler and more convenient with the online application process

 

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Prepayment Facility

Close your loan before the end of the repayment tenure with this facility

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How to Apply for a Muthoot Capital Bike Loan?

Here is how you can apply for a Muthoot Capital Bike Loan on Bajaj Markets:

  • Click on the ‘CHECK OFFER’ option on this page

  • Provide your personal and bike-related details

  • Select ‘Muthoot Capital’ from the list of lenders

  • Compare the loan offers available and select the preferred one

  • Submit the application form

Following this, an executive will reach out to you for further proceedings.

Customer Care Support of Muthoot Capital

In case of a grievance or query, reach out to Muthoot Capital’s customer service team through the following channels:

  • Address: 3rd Floor, Muthoot Towers, M.G. Road, Kochi - 682035

  • E-mail ID: mail@muthootcap.com

  • Phone Number: 0484 7119400 and 0484 6613450

  • WhatsApp Number: 7994990002

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.

Other Two Wheeler Loan Provider NBFCs

Frequently Asked Questions

How much can I borrow with a Muthoot Capital Two-wheeler Loan?

You can secure amounts as high as ₹3 Lakhs with the help of a Muthoot Capital Two-wheeler Loan.

You may not be required to make any down payment. This is because you can borrow up to 100% of the bike’s on-road value. This eliminates the need for any down payment.

A processing fee ranging between 2% and 4% may be charged on this loan offered by Muthoot Capital.

You can repay your Muthoot Capital Two-wheeler Loan over tenures ranging up to 4 years.

Muthoot Capital provides two options through which you can repay the loan. You can either make the payment through the official website of Muthoot Capital or their Instant Two-wheeler Loan EMI Payment App. This makes it easy for you to manage your loan easily by paying your EMIs anytime, anywhere.

No such requirement has been specified by Muthoot Capital Services. However, you may be asked to provide a guarantee as a self-employed applicant, depending on your loan eligibility. Reach out to the lender to learn more details about this requirement.

Here are some ways through which you you can reach out to Muthoot Capital’s customer service in case of any queries or grievances:

  • Address: 3rd Floor, Muthoot Towers, M.G. Road, Kochi - 682035

  • E-mail ID: mail@muthootcap.com

  • Phone Number: 0484-7119400, 0484-6613450

Yes you can get an estimate of the instalments payable on your loan by using a two-wheeler loan EMI calculator. Simply enter the loan amount, interest rate, and tenure to get instant results.

Here is a simple way to check the your Muthoot Capital Two-wheeler Loan statement:

  • Reach out to the lender through phone, email, or by visiting a branch

  • Provide your PAN card number and necessary documents for identity verification

  • Request details about the loan status, outstanding balance, EMIs, and repayment schedule linked to your PAN

You can apply for a Muthoot Capital Two-wheeler Loan through a digital process on Bajaj Markets.

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