Two Wheeler Loan
What do we offer?
Loan for all manufacturers, all models
Decision in less than 10 minutes
Loan Upto 95% of On Road Price
Flexible tenures: 12 to 36 Months
Min Age of 18 years
Min of 6 months of total work experience.
Self Employed individuals
Min Age of 21 years
Min of 1 year of total business experience
3 Cheques (Non-PDC option available)
Loan Related Questions
No. You can visit a two-wheeler Dealer directly where you can ask for a Lok Suvidha representative who will assist you with your loan requirement. If you want to know something about our loan offering, you can visit nearest branch. To find the list of out branches, click here
You just need to submit your KYC documents and bank details to get your loan approved. The vehicle will be hypothecated until the loan is repaid.
Once we receive the required details from you, we take only maximum 10 minutes to process your loan application for approval.
You will be charged a fixed rate of interest. You will be explained the loan repayment schedule by our representative at the dealership.
You can borrow up to 95% of On-Road Price of the vehicle. Exact percentage will be shared with you depending upon your choice of vehicle model and credit parameters at the dealership by our representative.
We offer multiple options in tenure ranging from 12 months to 36 months
Down payment is a small initial amount that you will need to pay at vehicle dealership. It's the difference between On-Road Price and loan amount sanctioned to you. This will depend on your choice of vehicle and our representative at dealership will help you with this information.