Official Rates • Updated Oct 2026City Union Bank Two Wheeler Loan Calculator 2026
Verified City Union bike & scooter loan rates of 10.45% - 12.95% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
10.45% - 12.95%
EBLR 8.45% (RBI repo 5.25%) from 15.06.2026 + spread
Processing Fee
1.25% (minimum Rs.1,000) per the credit processing charges page; the scheme PDF says 1.00% + tax (minimum Rs.500)
≈ ₹1,475 for current loan
Max Funding
Up to 90%
Of vehicle price
Loan Tenure
Up to 60 months
5 years max
Bike Loan Calculator
Calculate Your Two Wheeler EMI Instantly
Plan your bike, scooter, or electric two-wheeler purchase with our compact EMI calculator – quick, simple, and always on top!
₹
One Lakh Twenty Thousand rupees
₹
Twenty Thousand rupees
City Union official range: 10.45% - 12.95%Verified from official website
%
10.45%12.95%
years
Monthly EMI
₹3.25 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹16.92 K
Total Amount
₹1.17 L
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City Union Foreclosure Charge Calculator
See exactly what closing this loan early would cost you — and whether the interest you save makes it worth it.
₹
EMIs paid when you close9 mos
035 months
Estimated Foreclosure Fee (%)3% + GST
Outstanding
₹77,846
Foreclosure fee
₹2,756
3% of outstanding + GST
Total to close
₹80,602
Interest saved
₹9,847
Closing now leaves you ₹7,091 better off
₹9,847 interest avoided − ₹2,756 fee = ₹7,091 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹85,424 | ₹3,024 | ₹8,989 |
| 12 mos | ₹70,069 | ₹2,480 | ₹5,400 |
| 24 mos | ₹36,855 | ₹1,305 | ₹815 |
Official City Union Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
City Union publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“Nil for individuals and MSEs (pre-closure and part prepayment)”
18% GST Applicable: Prepayment & foreclosure fees attract 18% statutory GST as mandated by Government of India taxation rules.
Payoff Calculation: Estimates assume a monthly reducing balance. Official payoff statement from City Union will include exact accrued interest up to the settlement date.
City Union Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by City Union
| Particulars | City Union Two Wheeler Loan |
|---|---|
| Interest Rate | 10.45% - 12.95% p.a. |
| Rate Benchmark | EBLR 8.45% (RBI repo 5.25%) from 15.06.2026 + spread |
| Processing Fee | 1.25% (minimum Rs.1,000) per the credit processing charges page; the scheme PDF says 1.00% + tax (minimum Rs.500) |
| Foreclosure / Prepayment | Nil for individuals and MSEs (pre-closure and part prepayment) |
| Maximum Funding (LTV) | Up to 90% of the vehicle price |
| Maximum Loan Amount | ₹1,50,000 |
| Maximum Tenure | 60 months (5 years) |
| Effective Date | From 15.06.2026 |
Important Notes
- Rates are from City Union Bank's EBLR rate sheet (from 15.06.2026, EBLR 8.45%): CUB Eazy Ride 10.45% (score above 800) to 12.95%.
- CUB's "Rates at a glance" page still shows an older EBLR of 9.70% with two-wheeler rates of 14.45% (below 3 years) / 14.85% (above 3 years); its latest rate-range disclosure (as on 31.12.2025) shows 10.60%-13.10%. Both are older than the EBLR sheet.
- New two-wheelers only; 90% of quotation value, maximum Rs.1.50 lakh, 36 to 60 months.
- Product: https://cityunionbank.bank.in/cub-two-wheeler-loan
Last verified against the official City Union website on Oct 2026.
City Union Two Wheeler Loan Scheme-wise Rates
City Union publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| CUB Eazy Ride - bureau score above 800EBLR + 2.00 | from 10.45% |
| Above 750-800EBLR + 2.50 | from 10.95% |
| Above 700-750EBLR + 3.00 | from 11.45% |
| Above 650-700EBLR + 4.00 | from 12.45% |
| 100-200 (new to credit)EBLR + 4.50 | from 12.95% |
Compare City Union with Other Two Wheeler Loan Lenders (2026)
Bike loan interest rates from each lender's official website, sorted by lowest starting rate.
Comparing for₹1,00,000 (36 mo)
Sort by:
| Lender | Interest Rate (p.a.) | Est. Monthly EMI | Calculated Processing Fee | Total Payable (incl. fees & interest) |
|---|---|---|---|---|
| 8.86% - 22.00% | ₹3,173 | Up to ₹5,900 | ₹1,20,128 | |
| 8.90% - 11.70% | ₹3,175 | 1% on the loan amount (processing-fee page); the service-charges circular w.e.f. 01.01.26 lists Rs.1,000 irrespective of loan amount for the Vehicle Loan Scheme | ₹1,14,300 | |
| 9.00% - 13.35% | ₹3,180 | ₹1,000 | ₹1,15,480 | |
| 9.00% - 24.00% | ₹3,180 | Up to ₹5,000 | ₹1,19,480 | |
| 9.50% - 25.92% | ₹3,203 | Up to ₹5,000 | ₹1,20,308 | |
| 10.00% - 30.00% | ₹3,227 | Up to ₹5,000 | ₹1,21,172 | |
| 10.10% - 15.75% | ₹3,231 | Up to ₹1,180 | ₹1,17,496 | |
| 10.25% - 26.10% | ₹3,238 | Up to ₹4,000 | ₹1,20,568 | |
| 10.25% - 11.35% | ₹3,238 | Up to ₹500 | ₹1,17,068 | |
| 10.45% - 12.95% | ₹3,248 | ₹1,475 | ₹1,18,403 | |
| 10.50% - 12.90% | ₹3,250 | Up to ₹5,000 | ₹1,22,000 | |
| 10.50% - 11.50% | ₹3,250 | 0.50% of loan amount + GST (loan up to Rs.10 lakh); stamp duty at actual; log-in charges Rs.2,000 for applicant and Rs.1,300 for each co-applicant/guarantor (non-refundable) | ₹1,17,000 | |
| 10.75% - 13.65% | ₹3,262 | ₹2,360 | ₹1,19,792 | |
| 10.85% - 12.35% | ₹3,267 | Up to ₹590 | ₹1,18,202 | |
| 10.85% - 14.15% | ₹3,267 | Full waiver of processing charges on vehicle loans (product page) | ₹1,17,612 |
Live figures calculated for ₹1,00,000 over 36 months. Rates and fee formulas sourced directly from each lender's official website (last verified 8 Oct 2026) and auto-refreshed. GST at 18% is added where charged by the lender.
City Union Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 10.45% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,248
Total Interest
₹16,928
Processing Fee
≈ ₹1,475
City Union Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at City Union's lowest and highest published rate.
| Tenure | EMI @ 10.45% | EMI @ 12.95% |
|---|---|---|
| 12 months | ₹8,813 | ₹8,929 |
| 24 months | ₹4,635 | ₹4,752 |
| 36 months | ₹3,248 | ₹3,367 |
| 48 months | ₹2,558 | ₹2,680 |
| 60 months | ₹2,147 | ₹2,273 |
Before You Apply for a City Union Two Wheeler Loan
- Compare the all-in cost, not just the rate. Processing fee, documentation charges and insurance bought through the dealer can add more than a 1% rate difference on a small bike loan.
- A bigger down payment cuts interest fastest. Bike loans are short, so every ₹10,000 less borrowed saves interest across the whole tenure.
- Check foreclosure terms. Many borrowers close bike loans early; City Union's published terms are listed in the Rates & Charges table above.
- Typical documents: PAN, Aadhaar / address proof, income proof (salary slips or ITR), recent bank statements and the dealer's quotation. The vehicle is hypothecated to City Union until the loan is closed, after which you get an NOC to remove it from the RC.
City Union Bank Two Wheeler Loan FAQs
Common questions about City Union bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the City Union two wheeler loan interest rate in 2026?
City Union's officially published two wheeler loan interest rate is 10.45% - 12.95% p.a. This is City Union's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh City Union bike loan?
At City Union's lowest published rate of 10.45% p.a., the EMI on ₹1,00,000 is about ₹3,248 for 36 months or ₹4,635 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does City Union charge on a two wheeler loan?
City Union's published processing fee is: 1.25% (minimum Rs.1,000) per the credit processing charges page; the scheme PDF says 1.00% + tax (minimum Rs.500).
Can I foreclose my City Union two wheeler loan early?
City Union's published foreclosure / prepayment terms: Nil for individuals and MSEs (pre-closure and part prepayment).
How much of the bike price does City Union finance, and for how long?
City Union finances up to 90% of the vehicle price, with a published maximum loan of ₹1,50,000, repayable over up to 60 months.
How is the City Union two wheeler loan EMI calculated?
EMI = [P × r × (1 + r)^n] / [(1 + r)^n – 1], where P is the loan amount (vehicle price minus down payment), r is the monthly rate (annual rate ÷ 12 ÷ 100) and n is the tenure in months.