Two Wheeler Loan: Apply for Bike Loan Online | Upto 95% Funding

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What is a Two Wheeler Loan?

Owning your dream bike is exciting but purchasing it can be an expensive affair. Two Wheeler Loans from TVS Credit make owning a bike affordable by offering flexible EMIs and favourable interest rates. We offer personalised assistance at every step through our seamless Two Wheeler financing, providing up to 95% on-road price funding and ensuring zero hidden costs.

Are you dreaming of the thrill and independence that come with riding your own bike? We at TVS Credit understand how important it is for you to invest in a Two Wheeler and are keen on finding and providing solutions that empower you to achieve your aspirations.

Bike Loans offered by TVS Credit
Two Wheeler Preowned vehicle Two Wheeler Two Wheeler other OEMs
Schedule of Charges Charges (inclusive of GST) Charges (inclusive of GST) Charges (inclusive of GST)
Processing Fees Max up to 10% Max up to 10% Max up to 10%
Penal Charges 36% per annum on unpaid installment. 36% per annum on unpaid installment. 36% per annum on unpaid installment.
Foreclosure Charges a) Remaining Loan Tenor is < =12 months: 3% on principal outstanding
b) Remaining Loan tenor is from >12 to <=24 months: 4% on principal outstanding
c) Remaining Loan tenor is > 24 months: 5% on principal outstanding
a) Remaining Loan Tenor is <= 12 months: 3% on principal outstanding
b) Remaining Loan tenor is from >12 to <=24 months: 4% on principal outstanding
c) Remaining Loan tenor is > 24 months: 5% on principal outstanding
a) Remaining Loan Tenor is <=12 months: 3% on principal outstanding
b) Remaining Loan tenor is from >12 to <=24 months: 4% on principal outstanding
c) Remaining Loan tenor is > 24 months: 5% on principal outstanding
Other Charges
Bounce Charges Maximum Rs.750 Maximum Rs.750 Maximum Rs.750
Duplicate NDC/NOC Charges Rs.500 Rs.500 Rs.500

Two Wheeler Loans EMI Calculator

Discover your Two Wheeler EMI and down payment amount with just a few clicks

₹ 0 ₹ 0
5% 35%
6 Months 48 Months
Oops! The selected Variant and State doesnt have data. Please change the Variant OR State to see the Price and Down Payment amount.
Price 0
Down Payment 0
Monthly Loan EMI 0
Principal Amount 0
Interest Amount 0
Total Amount Payable 0

Disclaimer : These results are for indicative purposes only. Actual results may vary. For exact details, please contact us.

Frequently Asked Questions

To calculate the Two-Wheeler Loan interest rate, you must have the following information available:

  • Loan amount 
  • Interest rate 
  • Bike model details 
  • Repayment tenure 

Once you have this information, you can use the TVS Credit Two-Wheeler Loan EMI calculator to get an estimate of your EMIs.

The bike loan EMI calculator makes it convenient for you to pre-plan your EMIs for your two-wheeler loans and maintain a regular repayment schedule effortlessly.

Keep these details handy to instantly calculate your EMI amount:

  • Loan amount
  • Interest rate
  • Repayment tenure

Steps for using TVS Credit Two Wheeler EMI calculator Calculate your EMI in just 4 steps:

  • Select the bike variant and state: Select the variant (the Two Wheeler you are planning to buy) and the state in which you will register the bike. 
  • Enter details: Provide the relevant details or use the slider to set the loan amount, interest rate, and repayment tenure. 
  • View results: Check the monthly Loan EMI in the result section and re-enter the details as per your desired output. 
Benefits of using TVS Credit Two Wheeler Loan EMI calculator
  • Better financial planning: Make your life stress-free with proper planning of your finances. 
  • Affordability check: Opt for Loan amount and tenure as per your repayment capability.
  • Instant calculation: Save manual calculation time, avoid errors, and get accurate results. 
  • Safe & user-friendly: A Two-Wheeler Loan EMI calculator is easy to use. Add the basic details and you are good to go.
Factors affecting Two Wheeler Loan EMI
  • Loan amount: A low principal amount results in a lower EMI.
  • Rate of interest: A higher rate of interest increases the EMI. 
  • Loan tenure: Longer the tenure lesser will be the EMI.
Tips to reduce Bike Loan EMI
  • Make a higher down payment – A higher down payment will reduce your monthly burden. If possible, try to pay a higher amount as a down payment. 
  • Choose longer repayment tenure – Opting for a longer duration for repayment will have a major effect on your EMIs. The longer the tenure, the lesser the EMI. 
  • Compare interest rates – Before finalising a lender for a Two Wheeler Loan, compare the interest rates offered by different lenders and choose the most feasible one to set an affordable EMI.

Two Wheeler Finance EMI calculator comes in handy while calculating the EMI in advance. The benefits of using such a bike EMI calculator are:

  • Better financial planning: Make your life stress-free with proper planning of your finances. 
  • Affordability check: Opt for Loan amount and tenure as per your repayment capability.
  • Instant calculation: Save manual calculation time, avoid errors, and get accurate results. 
  • Safe & user-friendly: An EMI calculator is easy to use. Add the basic details and you are good to go.
 

Reduce your bike loan EMI in 3 ways:

  • Choose longer tenure – A longer tenure for two-wheeler loan repayment will help you reduce the EMI. 
  • Make a higher downpayment – A higher down payment will significantly reduce the EMI amount.
  • Low-interest rate - Compare the Two Wheeler Loan interest rate before finalizing a lender. 

At TVS Credit, get up to 95% financing on the on-road price of your bike/scooter. Learn more about the features and benefits of a Two-Wheeler Loan.

The two-wheeler loan term ranges from a minimum of 12 months to a maximum of 60 months. Learn more about the features and benefits of a Two-Wheeler Loan.

A Loan that provides you funds to purchase a Two Wheeler is called a Two Wheeler Loan (also known as a Bike Loan). You can get a Two Wheeler Loan from TVS Credit, which covers 95% of the on-road price. You can also get attractive offers on your Two Wheeler Loan interest rates. The documentation process is easy, the Loan is approved within 2 minutes and the disbursal begins! *T&C Apply

TVS Credit’s Two-Wheeler Loans are available for both, the salaried and self-employed individuals. Check out the eligibility criteria for the Two-Wheeler Loan. Apply for a Two-Wheeler Loan at attractive rates of interest with no hidden costs.

To apply for a loan at TVS Credit, you need to submit details of important documents to get an instant approval. The details of the documents include your Aadhar, PAN, and current address proof. In addition to that, you are also required to submit your income proof and bank statement. Once this digital journey is done you can obtain a Two-Wheeler Loan at TVS Credit. Check out what documents are required for a bike loan.

At TVS Credit, self-employed or salaried individuals, are eligible to apply for a Two-Wheeler Loan. Check out the eligibility criteria for the Two-Wheeler Loan.

Documentation and paperwork can be tiring and tedious especially when you apply for a variety of schemes with loan tenure up to 60 months & affordable rate of Interest bike loan. If you are looking for an instant bike/scooter loan, we at TVS Credit help you cut the queue and save time without having to deal with the lengthy offline process. Apply from the comfort of your home and get your Two Wheeler Loan in just two minutes. *T&C Apply

Here is the process for applying for a Two Wheeler Loan at TVS Credit:

  • Download TVS Credit Saathi App and sign up using your mobile number 
  • Verify your profile by updating your KYC details and checking your eligibility
  • Complete the video KYC process after choosing your loan amount & tenure
  • Confirm your bank details & complete the e-mandate process to get the loan amount disbursed

Yes, TVS Credit offers special schemes frequently for two-wheeler loans. Contact our customer care at 044-66-123456 or visit your nearby dealer using our Dealer Locator to learn about the ongoing offers.

The TVS Credit Two-Wheeler Loan term ranges from 12 months to a maximum of 60 months. At TVS Credit, you can choose the preferred tenure at your convenience and apply for the Loan. We also provide friendly assistance throughout the process and help you in the decision-making process. Learn more about the features and benefits of a Two-Wheeler Loan.

Calculate your monthly EMI using the Two-Wheeler Loan EMI calculator. You can select the term you wish to utilize and easily obtain your eligible monthly payments for your two-wheeler loan.

With flexible options tailored to your unique profile, you can secure up to 95% bike loan with TVS Credit’s Two Wheeler loans—and in some cases, you can even enjoy a zero down payment option on your dream bike.

Yes, TVS Credit provides a variety of schemes with loan tenures of up to 60 months and affordable interest rates for your two-wheeler loans. Visit our website to get more information about our current Two Wheeler financing options.

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