Two Wheeler Loan
Electric Two Wheeler Loan
How to Get a NOC for a Bike Loan After Loan Closure
Jun 19, 2026 | 4 mins read
Super Bike Loan
Our Super Bike Loan can help you purchase that super bike easily. We offer the best finance for Bike Loan with competitive interest rates starting at just 8.5% per annum. You can avail of a loan amount that covers up to 100% of the bike's on-road price, with flexible repayment options extending up to 60 months. Our Super Bike Loan ensures quick approval and hassle-free disbursal.
Super Bike Loan EMI Calculator
Super Bike Loan EMI Calculator is an easy-to-use online tool that helps you estimate your monthly EMI for a loan. Simply enter the loan amount, interest rate, and tenure to instantly calculate your EMI and plan your finances better.
Preferred loan amount
₹
₹50,000
₹20,00,000
Interest rate (per annum)
%
8.5%
23%
Loan tenure (months)
12 months
60 months
Estimated EMI
per month- ₹ 36,690
Interest payable
₹52,41, 690
How to Apply for Super Bike Loan in Just 5 Simple Steps
Follow these simple steps to apply for a super bike loan online. The process is quick, secure, and requires minimal documentation, helping you get faster approval and easy EMIs.
1. Apply online in just few minutes
Click on the "Apply Now" button within the Two Wheeler Loan section and fill out the form with your personal details and loan requirements
2. Get assistance from our representative
Our loan representative will contact you, and share all the available loan offers with dealership details, nearest to your location
3. Eligibility and document verification
Visit the dealership, where our representative will check your eligibility and documents to proceed with your loan
4. Drive your Two-Wheeler home
After approval, your loan amount will be directly disbursed to the dealership for a seamless purchase process
Super Bike Loan Eligibility & Documents Required
Loan Eligibility Criteria
Residency:
Indian resident
Age requirement:
21 years to 65 years
Profession:
Salaried or self-employed individuals
List of Super Bikes Eligible for Super Bike Loan:
1. Harley Davidson
2. Royal Enfield
3. Benelli
4. Ducati
5. BMW Motorrad
6. Kawasaki
7. Triumph Motorcycles
8. Suzuki Hayabusa
9. Honda CBR Series
List of Documents Required for a Super Bike Loan
Photo ID Proof
PAN and any one of the following-
Aadhaar Card | Driving License | Passport | Voter ID | Job card by NREGA | Letter issued by the National Population Register containing details of name and address
Address Proof
Current address proof
Income Proof
Bank statement (Optional. Based on loan requirement)
Super Bike Fees and Charges
Get competitive Super Bike Loan interest rates starting from 8.5% p.a., along with a transparent and complete breakdown of all applicable fees and charges. Details are provided below.
Processing Fees:
Regular and Royal Enfield- Up to 3% of the loan amount or Rs. 7,500/- whichever is lower + applicable taxes.
Superbikes- Up to 3% of the loan amount or Rs. 12,000/- whichever is lower + applicable taxes.
Trade Advance – Up to 2% of the Sanction amount + applicable taxes.Documentation & Repayment Setup Fee
Up to Rs. 1,750/- + applicable taxes
Facilitation Fee*
*A facilitation fee is levied on the customer to cover the company’s costs related to facilitating the transaction of purchase between the borrower and the vendor. It is based on acquisition expenses typically incurred at the vendor's physical location, including manpower and other services.Up to 2.5% of loan amount + applicable taxes
Penal / Late Payment Charge (LPC)
Up to 2% per month (p.m.) on overdue EMI + applicable taxes
Trade advance - Up to 2% per month (p.m.) on overdue amount + applicable taxesEMI Dishonour/Bounce Charge*
*A bounce charge is a charge for
(i) dishonour of any repayment instrument; or
(ii) non-payment of instalment(s) on their respective due dates due to dishonour of payment mandate or non-registration of the payment mandateAs shown in the table below
Loan sanction amount (in INR)
Charges in (in INR)
< 5 lacs
₹ 500
5 – 50 Lacs
₹ 1000
>50 Lacs – 2 Cr
₹ 1500
>2 Cr
₹ 2000
Foreclosure Charges
Up to 5% of principal outstanding + applicable taxes
Repayment Instrument Swap Charge (per swap)
Up to Rs. 500/- + applicable taxes (applicable only for branch walk-ins)
Document retrieval / Duplicate NOC charges
Duplicate NOC: Up to Rs. 500/- + applicable taxes (Charge is applicable post 3 free copies)
Loan Cancellation Fee
Up to Rs. 2,000/- + applicable taxes
Legal Fees & Charges
As per actuals or Up to Rs. 30,000/- whichever is lower + applicable taxes
Recovery Charges
As per actuals or Up to Rs. 15,000/- whichever is lower + applicable taxes
Auction Fees
Up to 1% of auction sale amount + applicable taxes
RC Non-Submission Charge
Up to Rs. 1,000/- per month post 120 days + applicable taxes
Field Collection Service Charge
Up to Rs. 500/- per collection + applicable taxes
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