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Two Wheeler Loans

Two Wheeler Loans

Bringing home the ride of your choice has become easier than ever with Two Wheeler Loan from Axis Bank. We offer up to 100% on road funding with minimal documentation all at affordable EMIs to suit your needs.

More About Two Wheeler Loans

A Two Wheeler Loan as the name suggests is an advance specifically designed to help you secure additional funds while buying your vehicle. Depending upon the type of two wheeler you wish to buy you would need to choose among the variants of a two wheeler loan. I.e. For a bike up to 500cc you can apply for a Two Wheeler Loan while if above 500cc you will need to apply for a Superbike loan.

The Interest rates for Two Wheeler Loans range between 10.85%-28.35%, depending upon various factors including the applicant’s details and the amount and tenure for which the loan is sought. Please note however that these interest rates are subject to change periodically, at the bank’s discretion. You can check the current interest rates for two wheeler loans.

You can apply for Two Wheeler Loans by:

  • Calling the dedicated helpline No. 18004197878
  • Applying online on or via the Axis Mobile App. Interested in a two-wheeler loan? Begin your application process now!

The eligibility criteria for two wheeler loans depends upon the applicant’s nature of employment and income:

For Salaried Individuals:

  • You must be over 21years but below 60 years
  • You must have at least a year’s work experience
  • Your minimum annual income must be over Rs. 1.44 Lakh
  • You must share bank statements for the past 3 months while applying

For Self Employed Individuals:

  • You must be over 21 years but below 65 years
  • You must have completed at least a year in the current line of business
  • Your minimum annual income must be over Rs. 2.5 Lakh
  • You must share bank statements for the past 3 months while applying

The minimum tenure for two wheeler loans is 24 months while the maximum tenure is 48 months.

While helping you with a financial boost to realise you two wheeler dream a two wheeler loan with Axis Bank also provides you with benefits such as:

  • Minimal Documentation for processing your loan
  • Customised loan amounts: depending upon your need you can opt for a loan from Rs. 20000 up to 100% on-road funding
  • Flexibility of tenure: you can set the repayment of your loan over a tenure ranging from 24 to 48 months