What is the Process to Getting a Two Wheeler Loan Online?

Over the last few decades, two-wheelers in India has become an essential commodity. They are very fuel-efficient and nimble, making them perfect for the crowded streets of India. However, not everyone in our country can afford to buy a new bike or scooter with a cash down payment. 

For them, a Two wheeler loan is a perfect solution. Applying for this loan is now made much more comfortable with online access that lets you get the loan within a matter of minutes. Before you apply, you should spend some time comparing different offers from lenders to find the one that suits you best. Interest rate, coverage, and repayment options can all vary wildly from one bank to the other. 

Once you have compared the banks and checked your eligibility for the loan, you can apply online for it. You will need to scan the relevant documents and attach them with the form you fill-up. The application usually gets reviewed in a few minutes. If the bank approves the loan, they will credit the money almost instantly into your account. Now all you need to do is go pick up that bike you have been eyeing and enjoy the ride.  

Calculate Bike loan EMI – Bike EMI Calculator

What Is A Zero Down Payment Two-Wheeler Loan?

If you have had problems with saving enough money to buy a bike, then the zero down payment two-wheeler loan might be the ideal solution for you. A down payment is the amount you have to pay from your own pocket when you apply for a loan. 

This loan, however, lets you buy a two-wheeler without having to pay almost anything upfront. If you are eligible for this loan, then the bank will finance the entire cost of the bike. You can pay back the loan over a pre-decided period through EMI. You can apply for the zero down payment Two wheeler loan online, and it takes only a few minutes to get approved. The eligibility criteria for this loan include a minimum salary bracket and an address of a residence where you have stayed for at least a year. 

A good credit score is also essential to apply for this loan. You should be between 21 to 64 years of age to be eligible for a zero down payment two-wheeler loan. This is the easiest way to buy a bike since this puts absolutely no strain on your savings. All you would need to do is pay the EMI diligently and enjoy your new ride.  

Additionally Read:  

Zero Down Payment Two-Wheeler Loan

Top 5 Cruiser Bikes in India That You Should Buy in 2020

The Indian bike culture is currently witnessing a revival of the cruisers and retro bikes. While well-known names like Royal Enfield have always been around, there are some brand new entries in 2020. 

The top 5 cruiser bikes that you can buy in 2020 is a well-curated list that showcases the best cruisers available in the market right now. All of these bikes have their unique charm and features. 

The Bajaj Avenger Cruise 220 is an affordable classic cruiser with long windshield swept-back seats and a powerful engine. 

The Royal Enfield Classic 350 features a retro look with its iconic design and sound. 

The Harley-Davidson Street 750 is the most massive bike on the list and with the largest engine. Jawa Perak is a stylish factory-custom model that is bound to spark the nostalgia in you. 

And finally, UM Renegade Commando is the newest entry in the cruiser market with its sleek build and well-rounded features. 

These bikes offer a variety of features to choose from, and one of them is sure to be the right fit for you.

Browse more: – Bajaj Bikes

Know About Bajaj Platina 110 H Gear — India’s Best Mileage Bike

Manufacturers are constantly in a race to provide their customers with the most efficient bikes for a much affordable deal.

Bajaj, a leading bike manufacturer in India, is a participant in this race that continues to upgrade its bikes and provide you with amazing efficiency and performance levels. The Bajaj Platina 110 has returned to the market after receiving much-needed upgrades and is ready to rule the roads again.

The Platina 110 has received numerous upgrades including a bigger front disc brake, extra apparatus for more efficiency, and gear shift guide. While the bike does cost a bit more than before, it is now capable of delivering much better performance and safety levels.

Best Bikes To Buy In 2020

With so many options to go for, finding the perfect bike isn’t the easiest task anymore. While one bike seems to offer amazing power, the other is equipped to offer incredible mileage. However, this article is the perfect solution to cutting down that huge list of options and finding the best bikes available out there right now.

You may go for amazing performance bikes like Yamaha YZF R15 V3, Bajaj Pulsar, Bajaj Pulsar NS 200, KTM Duke 200, and Yamaha FZ S V3. These are some of the top-performance bikes currently available in India.

You can also go for more economical options like the Honda CB Shine and Saint Splendor Plus. These bikes are known for their budget-friendly price and incredible fuel-efficiency levels.

There are also some bikes where you have the choice to go for a sporty or an economical bike like the TVS Apache RTR 160 and the TVS Apache RTR 160 4V.

It is you who should decide which one of these bikes suits your need and budget the best. After all, you’re the one investing.

Browse : –

KTM Bikes

Bajaj Bikes

Guide to Find the Perfect Two-Wheeler Loan


While the demand for bikes is constantly increasing, getting your hands on one of them for yourself isn’t really the easiest task. The most sensible option to go for is getting a bike loan to finance your purchase, while you pay the EMIs over time. However, finding the perfect bike loan isn’t as easy as finding a good bike.

While applying for a bike loan isn’t much difficult, the important parts are the details. You need to research and find a loan that offers the best EMI options to prevent yourself from being overloaded with expenses in the long run.

You also need to set limits. You cannot be breaking all the boundaries for the sole goal of getting your dream bike. You should use a bike EMI calculator to know the amount you would be paying each month. Doing this will help you decide if the load is too much and you need to decrease the amount per EMI and rather increase the number of EMIs.

Before you finalize a loan, go through the various offers that often come along. These might be presents, discount on charges, time-limited offers, etc. You need to be aware of when can you get the best deal on a bike loan.

Finally, you’ve got to pay back as well. So, don’t forget to plan that out. Find a bank that offers adaptable EMI options and look for ways to ease your load as soon as you can. Just keeping these things in mind before applying for a bike loan can help you a lot and save you from facing a lot of trouble in the future.

Additionally Read:

Complete Guide to Find The Perfect Two Wheeler Loan

A Look Into Upcoming Premium Scooters

The ever-increasing pollution levels are a problem for the whole world. We need to switch to more economical solutions for all our needs if we wish to bring a change. To contribute towards the same, numerous bike manufacturers are designing electric scooters and trying to provide replacements for fuel-consuming vehicles.

Electric scooters are eco-friendly and don’t harm the environment like fuel-powered vehicles. These scooters are excellent for short journeys and can help you beat the traffic smoothly. While people think that these advantages come with a heavy price tag, they are mistaken as these scooters are quite budget-friendly.

Bajaj Chetak, TVS Creon, Blacksmith B3, Ather Energy Scooter, and Mahindra Gusto Electric are some amazing upcoming electric scooters that you can go for. All of these bikes are equipped with quite powerful engines that offer much more power than you’d expect them to.

It’s time you get one of these amazing pieces of machines for yourself too!

Additionally Read:

Top 5 Upcoming Premium Electric Scooters

All You Need To Know For Financing Your Motorbike On EMI

For most buyers, riding or purchasing a dream bike requires months, or in some cases, years of savings. These buyers may comprise of students, adults, and professionals who have to cut their expenses to save enough to buy a motorbike they are interested in.

For such buyers, Two wheeler loan is a great option to not just own a bike but also have the payments made in easy monthly instalments. This gives added flexibility when purchasing a dream bike, and relieves the stress of spending a large amount in one go.

If you are considering to go down this path, this article will help you understand the nuances of a Bike EMI, so you can drive home your dream bike without making a blunder. 

What Is A Two Wheeler Loan?

A two-wheeler loan gives the buyer the benefit of availing easy monthly instalment (EMI) payment options with an additional interest rate to buy a two-wheeler that the buyer wants. This enables the buyer to pay the cost in smaller monthly payments rather than shelling out the entire amount in one go.

This facility can be availed through a motorbike dealership, bank, or a third-party institution.

How Much Do You Calculate Your Bike’s EMI?

The amount paid by the buyer after opting for a two-wheeler loan is determined by several factors. These factors include bike amount, EMI period, and the interest rate at which the loan is offered.

Before you opt for a two-wheeler loan, here are a few factors you should consider:

  1. Know the interest rate:To calculate your monthly payment, it is optimal to know the interest rate and price of the bike you are looking to purchase. Since there are many options in the market, buyers can pick and choose and take the next step.
  2. Calculate EMI using loan calculator: Calculate the amount you may need to repay online based on tenure, total amount and interest rate applicable. You can use the Bike EMI Calculator to understand it.
  3. Loan duration: While it is enticing to go for a shorter loan tenure, it is smart to decide how much the impact of the EMI will be on your finances and choose the right option. Understand the tenures available for your bike and make the smart decision.
  4. Fees and charges: With most loans, in addition to the principal amount and interest rate, there are other fees that the buyer has to pay upfront. Making sure to know this in advance will save you from last-minute hiccups!

What Determines Your Eligibility?

To make sure you are eligible for the loan, make sure to check the eligibility criteria. This will depend a lot on your credit score as that will determine your financial background. After you submit your application, the bank or the lender will consider your eligibility based on factors like:

  1. Age: The minimum age for acquiring a loan is 21 years, but it could be relaxed to 18 years if other factors play out in your favour. Financiers are normally hesitant to give loans to young people as there is minimal credit history.
  2. Employment: It is perhaps the most important factor to decide your eligibility for loan application. Having a stable job at the same company for a long duration works as a bonus. Freelancers and self-employed adults have a low ranking, but that can be discarded if the buyer can showcase excellent financial health using financial statements
  3. Income: It is another crucial factor to determine eligibility for the loan. Income determines if you will have enough money to repay your monthly instalments. If you are opting for a bike that is way outside your income bracket, the likelihood of getting a loan is low.

The application will generally ask for more documents like:

  1. Passport Size Photos
  2. ID Proof: Government-approved ID proof like Voter ID card, driving license and Aadhar Card
  3. Address proof: Documents like a utility bill, rent agreement, or Aadhar card
  4. Employment proof: Although optional, some lenders may ask to see salary slips or letter from the employer to testify that you have been associated with the company.

How Do You Choose The Best Finance Options?

As a buyer, there are innumerable two-wheeler loans and EMI options available in the market today. While this makes it easy to own a bike, the buyer should make sure to do a thorough background check and opt for an option that best suits his/her requirements.

What Are The Documents Required To Purchase New Two Wheeler?

The process of bike registration is very simple, and your dealer can also help you completing the necessary formalities. Here is the list of documents required for two wheeler vehicle:-

For bike registration:

•           Passport size photographs – 2

•           An attested photocopy from the following documents to corroborate as ID proof:

1.         Voters ID card

2.         PAN card

3.         Driving License

4.         Passport

5.         Ration Card (if the photograph is provided)

•           An attested photocopy from the following documents to corroborate as Address proof which is :

1.         Telephone Bill

2.         Voter ID Card

3.         Rental Agreement

4.         Driving License

5.         Passport

6.         Gas connection Bills

7.         Credit Card Billing Statement (Most recent)

  • Documents required for bike loan:

Buying a two wheeler vehicle via Bike Loan (EMI System) is the good option. You can buy a new bike at the lowest interest rates. These are the documents required for loan purpose:

Salaried Person:

•           Passport size photographs – 2

•           Any ID proof from the list of documents mentioned above

•           Any address proof from the list of documents mentioned above

•           Income proof documents can be provided by the salary slips of the previous three months

•           Salary certificate or Form 16

•           Bank statements for the last three months

Self Employed:

•           Passport size photographs – 2

•           Any ID proof from the list of documents mentioned above

•           Any address proof from the list of documents mentioned above

•           Income proof documents can be provided by the Income Tax Returns (ITR) of the last three years

•           Bank statements of the previous 3-6 months, depending upon the lender

Before buying a new bike keeps your documents ready for this. Along with documents keep in mind bike loan amount and its interest rates and payable EMI. For this purpose you can easily calculate your bike loan EMI with Bike Loan EMI Calculator.

Best Bikes In India For Daily Use With Less Maintain Cost

A person buying bikes for an average user doesn’t need all the fancy characteristics that the high range bikes of this era have to offer. Instead, he needs a bike whose expenses he can manage or he needs bikes with less maintain cost. So, ideally, his bike should be affordable, low maintenance and should have high mileage.

Considering all factors like Price, Mileage, less maintain cost here is the list of bikes for daily use: –

  • Bajaj Pulsar 150
  • Hero Splendor Plus
  • KTM 200 Duke
  • TVS Apache RTR 160
  • Royal Enfield Classic 350
  • Yamaha FZ S V3

Bearing all such factors in mind, the above list has been formulated. It has bikes from all ranges, cheap to expensive. The essential characteristic of all these bikes is that they can be driven anywhere and they wouldn’t require high maintenance. Choose the one you like and buy it easily with a Two wheeler loan.

Additionally Read:

Best Bikes In India For Daily Use With Less Maintain Cost