Two-wheeler Loans

In the current pandemic situation and social distancing, it is safer and economical to commute on bike rather than using any other means of public transport. You can easily zip through traffic and spend less time waiting at the traffic signals. That’s right, as people wait in their cars for the road to clear up, you can just wiggle your way through traffic and get ahead of your four-wheeler counterparts.

Getting a Two-Wheeler Loan has never been easier! Apply for your Two-wheeler loan and get an instant sanction of up to 70% of invoice price. With minimal documentation to be provided when you apply for a Two-Wheeler Loan, the whole process becomes paperless and simple. You can choose your own repayment tenure and EMI option, to set up a simple and proper payment plan. You can apply for a loan on our application or fill out the application form here and our executive will guide you accordingly.

Get in touch

High Loan Amount

We offer loan amounts (max Rs 2 lakhs) up to 70% of the 2W invoice value.

Attractive  Interest Rates

Get the very best interest rates on 2W loans in the market with us.

Flexible Loan Tenure

Our 2W loan product features a duration of 3 months to 3 years.

Eligibility Criteria

The 2W Loan eligibility depends on whether you are a salaried individual, self-employed or an SME. Your repayment potential is assessed on factors such as your income, fixed obligations, credit history, etc. Thus, along with the loan application, you will have to submit the following documents required for a two-wheeler loan.

  • Loan Amount = Rs 25000 to Rs 2 Lakhs
  • The applicant must be at least 21 years of age and not should be more than 58 year age.
  • Eligible profiles = Salaried & Self-Employed
  • Tenure = 3 years max
  • The asset put up as collateral must exceed the value of the loan.
  • The applicant must be a complete owner of the 2 Wheeler that has been kept as collateral.

Documents Needed

Proof of Identity

  1. Passport Copy
  2. Voter ID card
  3. Driving License
  4. PAN Card

Proof of Address

  1. Aadhaar Card
  2. Ration card/ Telephone Bill/ Electricity Bill
  3. Driving License/ Passport copy
  4. Bank Passbook/ Statement

For Salaried Professionals

  1. Bank statement for the last 6 months
  2. Last 6 months salary slips
  3. Form 16
  4. IT Returns for last 3 years

Additional For Self-Employed

  1. Income statements 
  2. Financials for the past 2 years attested by a CA

Additional For SMEs

  1. Audited financials for the last 2 years

Why choose NextFin for Two-wheeler Loans

Our unmatched 2W loan products and experienced team ensure quick loan disbursals, hassle-free process and flexible tenures.

Loan amounts up to 70% of the invoice value.

Get the lowest interest rates on 2W Loans.

Flexible repayment tenure according to your needs.

Transparent, hassle-free and convenient application process.

Our products suit your needs at different life stages.

2 day loan disbursal with absolute ease.

Two Wheeler FAQ’s

Read the Bike Loan FAQs here.

Privacy Settings
We use cookies to enhance your experience while using our website. If you are using our Services via a browser you can restrict, block or remove cookies through your web browser settings. We also use content and scripts from third parties that may use tracking technologies. You can selectively provide your consent below to allow such third party embeds. For complete information about the cookies we use, data we collect and how we process them, please check our Privacy Policy
Youtube
Consent to display content from - Youtube
Vimeo
Consent to display content from - Vimeo
Google Maps
Consent to display content from - Google
Spotify
Consent to display content from - Spotify
Sound Cloud
Consent to display content from - Sound