Bring Home A World of Happiness with Two Wheeler Loan

Thinking of buying a new vehicle? Get a two-wheeler loan from LokSuvidha at attractive interest rates.

Own Your New Bike with LokSuvidha Two Wheeler Loan

With the help of LokSuvidha two wheeler loan you can purchase brand new bike without worrying about funds

Minimum documents required

Avail two-wheeler loans starting from Rs. 15,000 up to 95% of asset cost.

Low rate of interest

Your interest rate is determined by how well you’ve maintained your credit score.

Instant approval & disbursal

You get the loan in the least amount of time when you complete all the requirements.

Two Wheeler Loan EMI Calculator

EMI for a bike loan can easily be calculated. Simply enter the down payment, loan term, and interest rate to get an exact EMI amount.

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2 Wheeler Loan EMI Calculator

Summary

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Our Happy Customers

Here are some reviews from our happy customers to share with you

“I was thinking of buying a new two-wheeler but due to lack of funds I was unable to buy it thanks to Loksuvidha Finance who helped me buy a new bike.”

Laxman Khillare

“If you are looking for a Loan to purchase a two-wheeler, then there is no better option than Loksuvidha Finance.”

Mohammed Jeelani Mohammed Gous

“I have taken a bike loan through LokSuvidha Finance, the interest rate and processing fees are less as compared to other companies. I recommend my friends to apply for a loan here.”

Biriya Vivek Madhuprasad

Frequently Asked Questions

You can find the answer to all your questions or problems regarding a two-wheeler loan here.

Do I need to visit the Lok Suvidha branch to avail a two-wheeler loan?

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 the nearest branch.

Will I have to offer any security/collateral for this loan?

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.

How long will it take to process my two wheeler loan application?

Once we receive the required details from you, we take only a maximum of 10 minutes to process your loan application for approval.

Will I be charged a floating or a fixed rate of interest?

You will be charged a fixed rate of interest. You will be explained the loan repayment schedule by our representative at the dealership.

How much finance can I avail of?

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.

What are the tenure options?

We offer multiple options in tenure ranging from 12 months to 36 months.

Do I have an option to foreclose my bike loan?

You can foreclose your loan after 12 months by paying nominal foreclosure charges.