Bike Loan – Instant Approval for your new bike purchase

Know your bike loan eligibility from leading banks, NBFCs at best Interest Rates, EMI with flexible repayment tenure for your two-wheeler purchase. Get up to 100% financing on your dream bike purchase with finance at your fingertips only at BikeWale.

Bike Loan Details

Interest Rate

8% Onwards

Loan Tenure

1 to 4 years

Processing Fees

Varies with bank

Collateral/Security Requirement

None

Interest rates applicable on monthly reducing balance.

How does this work?

Apply and fill details online

Apply and fill details online

Looking for a Bike Loan?

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Our Lending Partners

Bajaj Finance

Bajaj Finance

ICICI Bank

ICICI Bank

IndusInd Bank

IndusInd Bank

TVS Credit

TVS Credit

Feature and Benefits

Loan upto 90% of On-Road Price

Loan upto 90% of On-Road Price

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FAQs

  • What are the benefits of a Two Wheeler Loan through BikeWale?

    Here 's why our Two Wheeler Loan is perfect for you: Quick loan payment, Easy documentation and Spot Approvals Attractive Interest Rates. Fill your details in a few simple steps and enjoy attractive deals from our lending partners.

  • How much finance can I avail for my bike?

    You can avail finance of up to on-road 90% of the invoice price of two-wheeler.

  • Why should you apply for bike loan through BikeWale?

    We bring you instant custom-fit bike loans from top trusted lenders in India to help you with your bike purchase. Just fill the form once and get loan quotes with up to 100% financing on select vehicles, flexible repayment tenure and pocket-friendly EMIs from our lending partners. In case you have not yet finalized a bike, you can search amongst popular and upcoming models on our platform.

  • What are the documents required to apply for a Two Wheeler loan?

    You can apply online for instant two wheeler loan approval with only your PAN card details. However for final disbursal processing of your bike loan application with the selected lender, you would be required to submit your KYC documents, which include your identity proof and current address proof, a copy of your PAN Card, your bank statement and your income proofs (Form 16/Salary Slips/ITR). You can get the exact requirement from your loan consultant after applying with us.

  • What will be the tenure for which I can avail bike loan?

    Most lenders offer bike loans for tenures ranging from 1 year to 3 years. You can choose the loan tenure as per your preference. Few other lenders also offer bike loans with tenure up to 5 years.

  • What will be the rate of interest on a bike loan?

    The interest rate for primarily depends on the principal amount and tenure of the loan amount. Interest rate of lenders generally varies from 10% per annum to 15% per annum.

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