Two Wheeler Loan EMI Calculator India 2025
Calculate your bike loan EMI, down payment, and total interest for motorcycles and scooters in India.
₹
₹
%
Monthly EMI
₹3.32 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹19.57 K
Total Amount
₹1.20 L
Payment Schedule
Showing 1 to 12 of 36 entries
Total Principal
₹1.20 L
Total Interest
₹10.61 K
Total Payable
₹1.31 L
MonthMonth
EMI
PrincipalPrin.
InterestInt.
OutstandingBalance
Oct 2025Oct 2025
₹3.63 K
₹2.43 K
₹1.20 K
₹1.18 L
Nov 2025Nov 2025
₹3.63 K
₹2.45 K
₹1.18 K
₹1.15 L
Dec 2025Dec 2025
₹3.63 K
₹2.48 K
₹1.15 K
₹1.13 L
Jan 2026Jan 2026
₹3.63 K
₹2.50 K
₹1.13 K
₹1.10 L
Feb 2026Feb 2026
₹3.63 K
₹2.53 K
₹1.10 K
₹1.08 L
Mar 2026Mar 2026
₹3.63 K
₹2.55 K
₹1.08 K
₹1.05 L
Apr 2026Apr 2026
₹3.63 K
₹2.58 K
₹1.05 K
₹1.02 L
May 2026May 2026
₹3.63 K
₹2.60 K
₹1.02 K
₹99.88 K
Jun 2026Jun 2026
₹3.63 K
₹2.63 K
₹998.824
₹97.25 K
Jul 2026Jul 2026
₹3.63 K
₹2.66 K
₹972.532
₹94.60 K
Aug 2026Aug 2026
₹3.63 K
₹2.68 K
₹945.977
₹91.92 K
Sep 2026Sep 2026
₹3.63 K
₹2.71 K
₹919.157
₹89.21 K
Who Should Apply for Two Wheeler Loans in India?
Two wheeler loans benefit different types of borrowers
Ideal Candidates
First-time buyers: Young professionals starting their career who need affordable transportation
Students & Graduates: Those who need reliable transportation for college or work
Urban commuters: City dwellers looking for fuel-efficient daily transport
Budget-conscious buyers: Those who want to preserve cash flow for other expenses
Consider Alternatives
Those with sufficient cash: If you can afford the full amount without affecting emergency funds
Unstable income: If your income is irregular or you're between jobs
Poor credit history: May result in higher interest rates or loan rejection
Occasional users: If you only need a vehicle occasionally, consider alternatives
Eligibility & Documentation Guide
Everything you need to know about qualifying for a two wheeler loan
Eligibility Criteria
Age: 18-65 years
Income: Minimum ₹10,000-15,000 per month
Employment: 6+ months stable job/business
Credit Score: 650+ preferred
Residency: Indian citizen/resident
Required Documents
Identity proof (Aadhaar, PAN, Passport)
Address proof (Utility bills, Rent agreement)
Income proof (Salary slips, ITR, Bank statements)
Employment certificate/Business registration
Vehicle quotation/pro forma invoice
How to Apply
Step 1: Choose your preferred vehicle
Step 2: Compare loan offers from multiple lenders
Step 3: Submit application with documents
Step 4: Complete verification process
Step 5: Get approval and purchase vehicle
Tips & Hidden Charges to Watch Out For
Smart tips to save money and avoid unexpected charges
Money-Saving Tips
Higher down payment: Pay 25-30% down payment to get better interest rates
Shorter tenure: Choose shorter loan tenure to save on total interest
Compare offers: Get quotes from multiple lenders to find the best rate
Seasonal offers: Apply during festive seasons for special interest rates
Hidden Charges
Processing fee: 1-3% of loan amount (₹500-5,000)
Documentation charges: ₹500-2,000 for paperwork
Insurance charges: Mandatory comprehensive insurance premium
Prepayment penalty: 2-5% if paid before 12 months
Late payment charges: ₹500-1,000 per delayed EMI
Two Wheeler Loan EMI Calculator - Frequently Asked Questions
Everything you need to know about two wheeler loans, bike financing, and motorcycle EMI calculations
Most banks and NBFCs offer up to 85-90% of the vehicle's on-road price as loan amount. The maximum loan amount can go up to ₹5 lakhs for premium bikes, while for regular motorcycles and scooters, it typically ranges from ₹50,000 to ₹3 lakhs.
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