Owning a two-wheeler is no longer a luxury; it is a necessity for many, offering convenience and independence in daily commutes. Whether you are looking to buy a stylish bike or a reliable scooter, financing your purchase through a Bajaj Finserv Two-wheeler Loan can make the process seamless and affordable. With features like financing of up to 100% of the on-road price of the bike, minimal documentation, and flexible repayment options, Bajaj Finance ensures that your dream of owning a bike is just a few steps away.
You might also have a pre-approved loan offer waiting for you that will fast-track your purchase. Check your pre-approved loan offer in just a few clicks and speed up your bike purchase.
Read this detailed guide to know about Bajaj Finserv Two-wheeler Loans, including features, benefits, eligibility criteria, interest rates, and how to apply online.
Get a bike loan online of up to Rs. 21 lakh
Buying a bike does not have to strain your budget. With the help of a bike loan or a two-wheeler loan, you can easily fund your bike purchase. With the Bajaj Finserv Two-wheeler Loan, you can get up to Rs. 21 lakh by meeting some basic eligibility requirements and submitting a few documents. With repayment tenures ranging from 6 months to 84 months, you can plan your EMIs according to your financial comfort.
Minimal documentation and a quick approval process make this loan an ideal choice for hassle-free financing. Check your loan eligibility now and find out how much you can borrow.
Bike loan EMI calculator
Planning your finances is key when applying for a loan, and with our online two-wheeler loan EMI calculator this process gets further simplified. By entering the bike name, you wish to purchase, interest rate, downpayment amount and preferred tenure, you can instantly calculate your monthly EMI and plan your repayments accordingly. Here are some benefits of using the bike loan EMI calculator:
- Quick calculations: Get instant results without manual computations.
- Customised planning: Adjust tenure and downpayment amounts to find the perfect EMI for your budget.
- Transparency: Understand the financial commitment before applying.
Key features of Bajaj Finserv Two-wheeler Loan
Bajaj Finserv Two-wheeler Loans come with several attractive features that make financing your bike simple and stress-free. Here are some of the features of our two-wheeler loan.
- Up to 100% financing of the on-road price of the bike
- Flexible repayment tenure ranging from 6 months to 84 months.
- Minimal documentation and simple eligibility criteria
With these bike loan features, you can complete your two-wheeler purchase without compromising on your finances.
You might also qualify for a pre-approved loan offer that will speed up your bike process. Check if you are eligible for a pre-approved loan offer and plan your bike purchase with confidence.
Eligibility criteria and documents required for a bike loan
Before applying for a Bajaj Finserv Two-wheeler Loan, ensure that you meet the eligibility criteria and have the required documents ready. Here is the list of required bike loan eligibility criteria and documents.
Eligibility criteria:
- Age: 18 years to 70 years for all employment types at the time of loan application.
- Nationality: Indian.
- Customer profile: Salaried individuals, self-employed, individuals, pensioners, students, homemakers, and farmers
- CIBIL Score: 700 or above*
Documents required:
- 3 months bank statements. For salaried customers, banking should reflect salary credits.
- Latest month salary slips for salaried professionals and ITR as per norms mentioned in policy.
- Residence and employment stability proof / business proof.
Curious to know how much you can borrow? Check your loan eligibility now in just a few clicks. This process is online and requires no branch visit.
Bike loan interest rate
Understanding the interest rate is crucial for planning your loan repayments. Bajaj Finance offers competitive interest rates of up to 31% per annum, depending on your loan specifics. Interest rates are determined by factors such as loan amount, tenure, and your credit profile.
How to apply for a bike loan
Applying for a Bajaj Finserv Two-wheeler Loan is quick and easy. Follow these simple steps to complete your application online:
1. Click on 'Apply Now' to start your two-wheeler loan application.
2. Enter your full name, PAN Card number, and a few other basic details to complete the application form.
3. Select the details of the two-wheeler that you wish to purchase and choose the dealer showroom closest to your location.
4. Submit the application successfully.
If you are eligible for a two-wheeler loan, you may receive an eligibility letter, or a Bajaj Finance representative will reach out to you to guide you on the next steps. To get your vehicle, just visit the chosen partner dealer showroom and submit the necessary documents to complete the delivery details of the bike and get the loan details.
Want to skip waiting time? Check if you are eligible for a pre-approved loan offer and fast-track your purchase.
Applicable fees and charges
It is advised to go through all the fees and charges carefully. Bajaj Finance offers two-wheeler loans with competitive interest rates. You can check our two-wheeler loan fees and charges page to know more about the related fees and charges.
Financing your dream bike is now easier than ever with Bajaj Finserv Two-wheeler Loan. From flexible repayment options to minimal paperwork, Bajaj Finance ensures a hassle-free experience tailored to your needs. Whether you are a first-time buyer or upgrading to a premium model, Bajaj Finserv Two-wheeler Loan is the ideal financial solution. Check your loan eligibility now and plan your purchase accordingly.
*Terms and conditions apply
