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Two-Wheeler Loan
Two-Wheeler Loan
Owning a bike or scooter is now easier with Laxmi India Finance Ltd.’s (LIFC) Two-Wheeler Loan. Whether you need a commuter bike for daily travel or a premium motorcycle, our loan offers affordable financing, low-interest rates, and flexible repayment options. With quick approvals and minimal documentation, get your dream two-wheeler without financial stress.
Features & Benefits
High Loan Amount:
Get up to 90% financing of the bike’s on-road price.
Low Interest Rates:
Attractive interest rates with easy EMI options.
Flexible Repayment Tenure:
Loan tenure ranging from 6 to 48 months.
Flexible Repayment Tenure
Loan tenure ranging from 6 to 48 months.
Fast Loan Processing:
Quick approval and hassle-free disbursal.
Minimal Documentation:
Easy paperwork for faster loan approval.
No Collateral Required:
The financed two-wheeler itself serves as security.
Loan for All Types of Two-Wheelers:
Available for scooters, commuter bikes, premium motorcycles, and electric two-wheelers.
Special Schemes for Salaried & Self-Employed Individuals:
Customized loan offers for different customer segments.
Eligibility
To apply for a Two-Wheeler Loan, the applicant must meet the following criteria:
Age
- Salaried individuals: 21 – 60 years (at loan maturity).
- Self-employed individuals: 21 – 65 years (at loan maturity).
Employment Type
- Salaried professionals working in private, government, or corporate sectors.
- Self-employed individuals, business owners, and entrepreneurs.
Minimum Work/Business Experience:
- Salaried: At least 1 year of employment.
- Self-employed: At least 2 years of business continuity.
Credit Score:
- Minimum CIBIL score of 650+ preferred.
Income Proof:
- A stable source of income is required for loan repayment.
Documents Required
Identity Proof
Aadhaar Card / PAN Card / Voter ID / Passport
Address Proof
Aadhaar Card / Utility Bill / Rent Agreement
Income Proof
Latest 3 months' salary slips & bank statements
Employment Proof
Offer letter or employment certificate
Bike/Scooter Quotation or Invoice
(for new purchase)
Photographs:
2 passport-size photos
Vehicle Loan Calculator
Use our Vehicle Loan Calculator to estimate your monthly installments based on:
Total Amount Payable:
₹15,85,809
Total Interest Payable:
₹5,85,809
Two-Wheeler Loan FAQ
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. Frequently Asked Questions
Salaried professionals, self-employed individuals, and business owners can apply.
Customer Support:
Email: