Get your dream bike or scooter with our hassle-free two-wheeler loan. Apply online and get up to Rs. 21 lakh for a bike or scooter with attractive interest rates. Apply online and benefit from minimal paperwork, quick processing and bring home your desired two-wheeler.
- Flexible repayment tenure of up to 84 months
- Up to 100% financing of the on-road price of the two-wheeler
- Simple eligibility criteria and minimal documentation
Key features
Existing and new customers can get up to 100% financing of the on-road price of your desired bike. *Terms & conditions apply
Get instant approval on your two-wheeler loan and bring home your dream bike without any delay.
Repay your two-wheeler loan easily over a period of 6 to 84 months.
How to apply for a two-wheeler loan online
How to apply for a Two-Wheeler Loan
A step-by-step guide to applying for a two-wheeler loan
Just follow these simple steps to apply for a two-wheeler loan from Bajaj Finance:
- Click on 'Apply Now' to start the two-wheeler loan application process.
- Enter your full name, PAN Card number, and a few other basic details to complete the application form.
- Select the details of the two-wheeler that you wish to purchase and choose the dealer showroom closest to your location.
- 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.
Features and benefits of two-wheeler loan
Benefits of getting a Two-Wheeler Loan
-
Up to 100% funding of the on-road price
We provide up to 100% funding* of the on-road price of your dream vehicle.
-
Get up to 7 years to repay your loan
Choose a flexible repayment tenure ranging from 6 months to 84 months.
-
Minimum credit score
You need a minimum credit score of 600 to qualify for a two-wheeler loan.
-
No guarantors are required
We do not ask for a guarantor if you meet the eligibility requirements.
*Terms and conditions apply
Two-wheeler loan eligibility criteria and documents
Eligibility criteria for Two-Wheeler Loan
-
A few simple criteria must be met to qualify for our two-wheeler loan. You will also need a few documents to complete your application. Here is the list of two-wheeler loan eligibility criteria and documents.
-
Eligibility criteria
Nationality: Indian
Age: 18 years to 70 years for all employment types at the time of loan application.
- Customer profile: Salaried individuals, self-employed, individuals, pensioners, students, homemakers, and farmers
- CIBIL Score: 600 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.
*Terms and conditions apply
Applicable fees and charges
Bajaj Finance offers two-wheeler loan interest rates (scooter/bike loan interest rates) of up to 24% per annum. Check the table below to understand the different types of fees and the applicable charges when you go for a two-wheeler loan.
Type of fee | Applicable charges |
Rate of interest | Up to 24% per annum |
Processing fee | Up to 5% of the loan amount (inclusive of applicable taxes) |
Documentation and hypothecation charges | Up to Rs. 1,500 (inclusive of applicable taxes) collected upfront |
Stamp duty | Payable as per state laws and collected upfront |
Valuation charge | Up to Rs. 2,000 (Inclusive of applicable taxes) |
Prepayment charges | Full Pre-payment
|
Bounce charge | Rs. 531/- per bounce.
|
Penal charge | Delay in payment of instalment(s) shall attract penal charge of 36% per day per instalment from the respective due date until the date of receipt of the full instalment(s) amount. |
Repossession / Surrender charges | Up to Rs. 5,000 (inclusive of applicable taxes) Fees charged to the customer for repossession/surrender cost incurred by the company. |
Frequently asked questions
Overview
Eligibility and documents
Application process
Repayment tenure
Fees and charges
What is a two-wheeler loan?
A two-wheeler loan helps you buy a scooter or a motorcycle by offering a credit of up to Rs. 21 lakh and allows you to repay the credit in convenient EMIs.
How can one avail 100% bike loan finance?
With the Bajaj Finserv Two-wheeler Loan, you can avail of up to 100% funding* of the on-road price of your dream vehicle.
What is the minimum credit score required to get a two-wheeler loan?
You need a minimum credit score to be eligible for a two-wheeler loan from Bajaj Finance.
How do I know if I am eligible for a two-wheeler loan?
In order to be eligible for a two-wheeler loan from Bajaj Finance, your age should be 18 years to 70 years for all employment types at the time of loan application. Your CIBIL Score should be 600 or above*. Apart from meeting these eligibility parameters, you also need to submit a few documents.
What are the documents required for two-wheeler finance?
Here are some of the documents that you are required to submit.
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
Who is eligible for a bike loan?
Both salaried and self-employed individuals who meet basic eligibility criteria are eligible for a bike loan or a two-wheeler loan. With the Bajaj Finserv Two-wheeler Loan, you can get a loan by meeting some basic eligibility criteria. You should be between 18 years and 70 years for all employment types at the time of loan application. You should also have a CIBIL Score of 600 or above.
What is the minimum salary for a two-wheeler loan?
The minimum salary required for a two-wheeler loan differ from lender to lender. Salaried applicants typically need a regular income, while self-employed individuals must show consistent earnings through bank statements or income documents.
What is the two wheeler application process?
You can apply for a two wheeler loan in just a few easy steps:
Click on ‘Apply Now’ on this page to book your two-wheeler on EMI on Bajaj Mall. You can also reach out to the Bajaj Finance representative at the store.
After a simple eligibility check, get quick approval.
Pick the amount and repayment tenure according to your choice.
Purchase your new bike or scooter.
How long will it take to process the loan?
When you choose the Bajaj Finserv Two-wheeler Loan, you can benefit from quick approval facility. Once you fulfil eligibility criteria and submit your paperwork, your application gets approved quickly.
What are the minimum and maximum tenures of a two-wheeler loan?
Bajaj Finance offers flexible tenures ranging from 6 months to 84 months.
What is the maximum repayment tenure of a two-wheeler loan?
The maximum tenure offered by Bajaj Finance on a two-wheeler loan is 84 months (7 years). You can use a two-wheeler loan EMI calculator to estimate EMIs for varying repayment tenures.
How much EMI I need to pay for Rs. 1 lakh bike loan?
The EMI for a Rs. 1 lakh bike loan or two-wheeler loan depends on the loan tenure and interest rate. For example, at 10% interest for 24 months, your EMI would be around Rs. 4,614. Use an online two-wheeler loan EMI calculator to get estimated monthly instalments based on your loan amount, interest rate, and repayment term. This helps you plan your budget effectively before applying for the loan.
What is the rate of interest on a two-wheeler loan?
The two-wheeler loan interest rate is up to 24% p.a., depending on the applicant’s profile and the tenure chosen by the applicant.
What our customers say about us
Rajesh
01 Feb 2026
I applied for a Bajaj Finance two-wheeler loan last month and was surprised at how fast the approval came through. The process was simple, and I was riding my new bike within a week. Very happy with the service.
Vikram
10 Jan 2026
This was my first loan, so I was nervous, but Bajaj Finance made it easy. The staff guided me step by step, and now I own my bike without any hassle. Highly recommend them.
Vishal
05 Jan 2026
I liked that there were no hidden charges. Everything was transparent from the start, and the loan disbursal was quick. Bajaj Finance made the whole experience smooth.
Mamtha
25 Dec 2025
The EMI options were flexible enough to fit my monthly budget. I didn’t feel pressured, and the repayment plan was explained clearly. It made buying my scooter stress-free.
Sandeep
20 Dec 2025
Customer support was excellent. Whenever I had a doubt about documents or payments, the team responded quickly and politely. It gave me confidence that I chose the right lender.
Disclaimer
Bajaj Finance Limited has the sole and absolute discretion, without assigning any reason to accept or reject any application. Terms and conditions apply*.