Two Wheeler Loan - L&T Finance
Two wheeler

Commuter TW Loan

Two wheeler

Super Bike Loan

Two wheeler

Electric Two Wheeler Loan

Secure a Two Wheeler Loan for up to ₹ 20 Lakh for your daily commuter bikes, electric bikes or dream super bike. Get a competitive EMI as low as ₹ 2,299* per month, with minimal documentation and repayment tenure for up to 5 years. We offer quick approvals and easy processing without the burden of lengthy paperwork. Apply now and get your two wheeler in no time.

Minimal paperwork

Apply for a Two Wheeler Loan digitally with minimum documentation.

Accessible service

Nationwide dealerships for personalised and convenient service

Loan tenure

Get a bike loan with a repayment tenure of up to 5 years

Maximum funding

Receive up to 100%* funding of the on-road price

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EMI Calculator

Results generated by the calculator(s) are indicative in nature.

Preferred loan amount

50,000
20,00,000

Interest rate (per annum)

%
8%
22%

Loan tenure (months)

12 months
60 months

Estimated EMI

per month
  • 36,690
  • Interest payable

    52,41, 690

Eligibility & Documents

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Eligibility

Residency:

Indian resident

Age requirement:

21 years to 65 years

Profession:

Salaried or self-employed individuals

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Documents

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

Utility bills (not older than 2 months) | Aadhaar Card | Driving License | Passport | Voter ID etc

Income Proof

Bank statement (Optional. Based on loan requirement)

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FAQs & Support

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How can I repay my two-wheeler loan?

You can repay your two-wheeler loan with a range of options. This includes eNach (Net Banking, Debit Card, Aadhaar, UPI), physical mandate through direct bank transfers, online payment through L&T Finance website. You can also repay through cheque & cash by visiting your nearest L&T Finance branch.

What is a Two-Wheeler Loan?

A two-wheeler loan helps you purchase a bike of your choice, and pay for it in equated monthly instalments (EMIs).

What’s the minimum credit score I need to get a Two Wheeler Loan?

The required credit score can vary based on L&T Finance’s credit policies. Generally, the higher your credit score, the better your chances of getting a favourable interest rate with higher eligibility.

How long does it take for a two-wheeler loan approval at L&T Finance?

You can get a two-wheeler loan approved in a minute, provided all the documents are in place

What are the minimum and maximum tenures of a Two Wheeler Loan?

The minimum tenure for a Two Wheeler Loan is 12 months, and the maximum tenure can go up to 60 months.

What is the Two Wheeler Loan repayment process?

Repayment of a Two Wheeler loan involves paying EMIs (Equated Monthly Instalments) over the loan tenure through post-dated cheques, ECS Mandate, or online payment though L&T Finance PLANET App.

Can I repay two-wheeler loan early?

Yes, you can prepay your loan, and the foreclosure charges will be as outlined in the Key Fact Statement (KFS) shared by the company.

Are there any special schemes on two-wheeler loan?

Special schemes are available from time to time. Get in touch with a L&T finance representative at any dealership to get information on the latest schemes and offers.

How to qualify for a lower interest rate when applying for a two-wheeler loan?

Improve your credit score, submit bank statements and maintain a good credit history to secure a lower interest rate on your two-wheeler loan.

How do I check my bike loan balance?

Login to your account on our Website or L&T Finance PLANET App to check your bike loan balance online.

Testimonials

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Two Wheeler Loan

I got a Loan from L&T Finance. It was a very smooth and easy loan process. I just brought my KYC documents and got the loan within five minutes, and the rate of interest is very low. I am really very pleased with L&T Finance.

Pramal Kumar

Bihar

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Two Wheeler Loan

It was my dream to own a super bike, L&T Finance made that dream come true. From a digital paperless journey to quickly disbursing the loan amount, L&T Finance has been a hassle free experience for me. Transparent and trustworthy.

Moiz Manasawala

Mumbai

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Two Wheeler Loan

I am very much satisfied with the loan scheme of L&T finance. They have approved the loan within a very short time and the Yamaha MT bike was one of my dream bikes and I got the bike with support and help of L&T finance and a bit of down payment.

Dhanashwam Taye

Bengaluru, Karnataka

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Two Wheeler Loan

Thanks to L&T Finance, the process of buying my dream Bullet was swift and hassle-free. My family is elated, and we couldn’t be happier. Managing my EMI payments & checking the statement of account through the PLANET app is incredibly easy. I’m truly grateful to L&T Finance for making this dream a reality!

Dinesh Patil

Bhiwandi, Maharashtra

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Two Wheeler Loan

My experience with L&T Finance for Suzuki Access 125 was very smooth. The loan was approved within a very short time, with limited paperwork and constant support of their staff throughout, made it seamless. Me and my family is thrilled to add a new member in the house. Thanks to L&T Finance.

Rajaram Ghadigaonkar

Mumbai

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Personal Loan

I was aware of L&T Finance Consumer Loans, as I have already benefited from their services in the past. They had even clarified my doubts about T&C and loan process by calling me up at my convenient time. Because of such good support, I decided to take loan again from L&T Finance Personal Loans.

Chirag Mehta

Ahmedabad, Gujarat

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Personal Loan

I spotted an L&T Finance Consumer Loans ad and applied. After my verification call, my request for loan was approved and the loan amount was transferred in the following 24 hours. L&T Finance Personal Loans provided me timely, financial help.

Vinod Bidlan

Andheri, Mumbai

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SME

The special aspects of L&T Finance SME Loans are their faster turn around time, minimal documentation. I had a very good experience with L&T Finance SME Loans and I recommended it to a lot of my Doctor friends who have equally benefitted.

Dr. Hrishikesh Chevle

Pathologist, Alpine Diagnostics

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Housing Loan

The process of applying L&T Finance Housing loans was a very easy and seamless process. And the credit goes to L&T Finance's entire Housing loan team. They have been extremely helpful & quick response. A very transparent process, the best of the market rates and quick disbursement.

Amit Chaturvedi

Powai, Mumbai

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Housing Loan

I was looking to buy a property and L&T finance Housing Loans stepped in forward to cater to all my demands, the ease of the documentation processes and their commitment to provide disbursement at the earliest. Whatever I asked, the team was there support at every step to get me through.

Mr. Sharad Pandey

Captain, Merchant Navy