✓ Interest Rates Starting @ 0.99% p.a. ✓ Up to 100% Financing ✓ Repayment Tenure of up to 4 Years Check Offer

IMPORTANT UPDATE

Bajaj Auto has launched the Freedom 125 CNG, India’s first CNG bike, on 5th July 2024. Priced between ₹95,000 and ₹1.10 Lakhs, the bike comes with a claimed range of 70 to 90 km per litre and elements of an ADV bike. The two-wheeler is expected to serve as an eco-friendly, sustainable, and cost-effective alternative for commuting, reflecting Bajaj’s commitment to innovation.

Bajaj Auto Finance Bike Loan

Apply for a Bajaj Auto Finance Two-wheeler Loan on Bajaj Markets to fund your next bike purchase. Get up to 95% of the bike's value as a loan with this option. Thus, the required down payment is reduced drastically, starting from just 5% of the bike’s value. 

 

You can get the loan at a low interest rate and a flexible repayment tenure of up to 60 months. Furthermore, the documentation requirements are minimal. Get started by applying for the Bajaj Auto Finance Bike Loan on Bajaj Markets by clicking on the ‘CHECK OFFER’ option on this page. Enjoy a seamless and hassle-free application process and get the required loan rapidly.

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 get a Bajaj Auto Finance Two-wheeler Loan:

Interest Rate

7.30% p.a. onwards

Processing Fee

Starting from 1%

Foreclosure Charges

3% flat on principal outstanding+GST, after the second EMI till the end of tenure

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

Calculate the EMI for a Bajaj Auto Finance Bike Loan

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Bajaj Auto Finance Bike Loan Features and Benefits

Some of the key features of a Bajaj Auto Finance Two-wheeler Loan are as under:

High Loan Amount

You can get a loan of up to 95% of the on-road price of the bike. The loan amount starts from ₹10,000.

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 ranging from 7.3 Read More0% p.a. to 12.95% p.a. Read Less

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 60 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 Read MoreFinance bike loan. Read Less

Eligibility Criteria & Documents Required

You need to fulfil the following eligibility criteria in order to get a Bajaj Auto Finance Two-wheeler Loan:

  • Your age must be between 18 and 65 years 

  • You must be a resident of the city in which you are applying for the loan for at least the past year. Relevant evidence must be submitted for the same.

  • If salaried, you should be employed with a reputable firm for at least 3 years. Meanwhile, if self-employed, you must provide proof of successful and profitable business operations over the past 2 years.

  • You must have a CIBIL score of 750 or more

  • You 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: Any one of the following

    • Aadhaar card

    • Voter ID

    • PAN card

    • Passport, etc.

  • Address Proof: Any one of the following

    • Voter ID 

    • Aadhaar card

    • Driving licence

    • Passport

    • Utility bills

    • Rent agreement, etc.

  • Income Proof: 

    • For salaried applicants: Last 3 months’ salary slips or Form 16 

    • For self-employed applicants: Income Tax Return (ITR) Certificate 

Read More

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:

  • Select the ‘CHECK OFFER’ option provided on this page

  • Verify yourself by entering your mobile number and date of birth

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

  • Provide the required documents to complete the application process

 

Once the application process is completed, it may take up to 24 hours for the application to be verified. Following this, a representative of Bajaj Auto Finance will contact you to further process your loan application.

Why Choose Bajaj Markets for Bajaj Auto Finance Two-wheeler Loan

Here are some compelling reasons why you should consider getting a Bajaj Auto Finance Two-wheeler Loan through Bajaj Markets:

  • Easy Application

If you choose Bajaj Markets to apply for 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 Auto Finance Two-wheeler Loan on Bajaj Markets. For example, you get an insurance cover to protect your liability and a credit report if you apply for a bike loan through Bajaj Markets.

Other Fees & Charges of Bajaj Auto Finance Two-wheeler Loan

Here are some additional fees and charges you should know about before opting for this loan:

Types of Charges

Details

Documentation Charges

Up to ₹3,000

Cash Handling Charges (If repayment mode is Cash) 

Up to ₹1,500

Bounce Charge / EMI default charge

₹450

Penal Charge

₹6 per day per instalment from the due date until the due amount is paid

Stamp Duty

As per regulations of the state government

SOA Charges

NIL

Duplicate (Physical) NOC Charges

₹500

Repossession Charges

₹5,000

Repayment mode Change Charges

₹590

Hypothecation Charge

Up to ₹200

Mandate registration Charge (Physical Mandate)

₹118

Loan Cancellation Charges

₹1,000

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

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 Number: 97177 52222 

  • App: My BAFL Mobile App 

  • E-mail ID: bflcustomercare@bflaf.com

  • Address: Bajaj Finance Ltd, Yamuna Nagar Gate, Old Mumbai Pune Highway, Akurdi, Pune - 411 035

 

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.

Frequently Asked Questions

What is the maximum loan repayment tenure of Bajaj Auto Finance Bike Loan?

The maximum repayment tenure for the Bajaj Auto Finance Bike Loan is 60 months (5 years).

Are there any foreclosure charges on the Bajaj Auto Finance Two-wheeler Loan?

The foreclosure charge levied is 3% flat on the principal outstanding +GST, after the second EMI till the end of the tenure.

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