Faqs - L&T Finance

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What is the maximum Two Wheeler Loan amount in Delhi?

You can get a Two Wheeler Loan of up to ₹ 20 Lakh* to finance daily commuters, electric bikes or dream superbikes, backed by 100%* on-road price funding and minimal paperwork with L&T Finance.

Who is eligible for a Two Wheeler Loan in Delhi?

Indian residents aged 21–65 Years, whether salaried or self-employed, can apply for a Two Wheeler Loan in Delhi. .

What documents do I need for a Two Wheeler Loan?

You need to provide a photo ID proof, address proof and an optional income proof based on your loan requirement.

What repayment tenure can I choose?

You can select a repayment tenure of up to 5 Years.

Are there prepayment or foreclosure charges?

Foreclosure charges are 5% of the principal outstanding plus taxes.

What CIBIL score is required for a bike loan?

The CIBIL score required for bike loan should be “good”, recommended for fastest approvals and access to our best financing options as a Two Wheeler Loan provider in Delhi.

Can I get a loan for bikes under 1.5 Lakh or scooter under 1 Lakh?

Yes. Our Two Wheeler Loan in Delhi covers bikes under 1.5 lakh and scooter under 1 lakh, with up to 100%* funding and quick disbursal directly to the dealership.

How quickly can I receive funds?

Once approved, funds are disbursed to the dealership quickly via our seamless personal loan disbursement process, so you can drive your new two-wheeler home without delay.

Need Further Assistance?

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