Two-Wheeler Loan

Apply for your Two-Wheeler loan and get an instant sanction of up to 100% of on-road price of the
bike/scooter of your dreams. You can choose your own repayment tenure and EMI option, to set up
a simple and proper payment plan. With minimal documentation to be provided when you apply for
a Two-Wheeler Loan, the whole process becomes paperless and simple.

Documentation

Avail Two wheeler loans with easy documentation facility. An indicative list of documents required
according to the profile is given below:

Self Employed
Documents Salaried
Professional
Application form Y Y
KYC Y Y
Photographs Y Y
Identity Proof Y Y
Address Proof Y Y
Age Proof Y Y
Bank Statements Y Y
Signature Verification Y Y
Income Proof
Latest Salary Slip / Form 16 Y
Income Tax Returns of 2 previous
Y
financial years
Other Documentation
Business Stability proof /
Y
Ownership proof
Employment Stability Proof Y

Range of Interest rates for Two wheeler loans

Quarter ended at December - 2021 Minimum Maximum Mean

Two Wheeler Loan 9.00% 27.10% 19.44%

Note:
• The range of interest rates provided above is with respect to loans to individuals disbursed
during Quarter 3 - FY: 2021-22.
• It includes fixed rate of interest and is based on factors such as customer relationship, asset
segment, tenure of loan etc.
• It excludes subsidy and government schemes.
• Mean rate = Sum of rate of interest of all loan accounts / Number of all loan accounts.