Official Rates • Updated Oct 2026Cosmos Bank Two Wheeler Loan Calculator 2026
Verified Cosmos Bank bike & scooter loan rates of 10.50% - 11.50% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
10.50% - 11.50%
Profile & vehicle linked
Processing Fee
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)
See official schedule
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
Cosmos Bank official range: 10.5% - 11.5%Verified from official website
%
10.5%11.5%
years
Monthly EMI
₹3.25 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹17.01 K
Total Amount
₹1.17 L
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Cosmos Bank 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
₹77,859
Foreclosure fee
₹2,756
3% of outstanding + GST
Total to close
₹80,615
Interest saved
₹9,897
Closing now leaves you ₹7,141 better off
₹9,897 interest avoided − ₹2,756 fee = ₹7,141 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹85,433 | ₹3,024 | ₹9,050 |
| 12 mos | ₹70,085 | ₹2,481 | ₹5,440 |
| 24 mos | ₹36,872 | ₹1,305 | ₹825 |
Official Cosmos Bank Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
Cosmos Bank publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“Foreclosure: within 12 months 3%, after 12 months but before 24 months 2%, after 24 months 1%. Prepayment charges: Nil”
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 Cosmos Bank will include exact accrued interest up to the settlement date.
Cosmos Bank Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by Cosmos Bank
| Particulars | Cosmos Bank Two Wheeler Loan |
|---|---|
| Interest Rate | 10.50% - 11.50% p.a. |
| Processing Fee | 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) |
| Foreclosure / Prepayment | Foreclosure: within 12 months 3%, after 12 months but before 24 months 2%, after 24 months 1%. Prepayment charges: Nil |
| Maximum Funding (LTV) | Up to 90% of the vehicle price |
| Maximum Loan Amount | ₹10,00,000 |
| Maximum Tenure | 60 months (5 years) |
Important Notes
- Interest-rates page: "Vehicle Loan for 2 wheeler for new loan (Up to 60 months) ROI % p.a. - Fixed 10.50%* / Floating 11.50%*". The product page labels 10.50% as "Fixed (Existing)" and 11.50% as "Floating (New)".
- Funding is up to 90% of the quotation cost including one-time tax and accessories. Electric two-wheelers are covered.
- Product page lists both "Prepayment Charges Nil" and foreclosure charges of 3% / 2% / 1%; both quoted as published.
- Product page: https://www.cosmos.bank.in/product-details?id=3
Last verified against the official Cosmos Bank website on Oct 2026.
Cosmos Bank Two Wheeler Loan Scheme-wise Rates
Cosmos Bank publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Fixed rateProduct page labels this "Fixed (Existing)" | from 10.50% |
| Floating rateProduct page labels this "Floating (New)" | from 11.50% |
Compare Cosmos Bank 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) |
|---|---|---|---|---|
| 9.00% - 24.00% | ₹3,180 | Up to ₹5,000 | ₹1,19,480 | |
| 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 | |
| 13.00% - 28.00% | ₹3,369 | Up to ₹4,000 | ₹1,25,284 | |
| from 13.30% | ₹3,384 | Not published | ₹1,21,824 | |
| 14.49% - 24.00% | ₹3,442 | Up to ₹4,000 | ₹1,27,912 | |
| 16.40% - 26.00% | ₹3,535 | Up to ₹5,000 | ₹1,32,260 |
Live figures calculated for ₹1,00,000 over 36 months. Rates and fee formulas sourced directly from each lender's official website (last verified 7 Oct 2026) and auto-refreshed. GST at 18% is added where charged by the lender.
Cosmos Bank Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 10.5% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,250
Total Interest
₹17,000
Processing Fee
Not published
Cosmos Bank Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at Cosmos Bank's lowest and highest published rate.
| Tenure | EMI @ 10.5% | EMI @ 11.5% |
|---|---|---|
| 12 months | ₹8,815 | ₹8,862 |
| 24 months | ₹4,638 | ₹4,684 |
| 36 months | ₹3,250 | ₹3,298 |
| 48 months | ₹2,560 | ₹2,609 |
| 60 months | ₹2,149 | ₹2,199 |
Before You Apply for a Cosmos Bank 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; Cosmos Bank'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 Cosmos Bank until the loan is closed, after which you get an NOC to remove it from the RC.
Cosmos Bank Two Wheeler Loan FAQs
Common questions about Cosmos Bank bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the Cosmos Bank two wheeler loan interest rate in 2026?
Cosmos Bank's officially published two wheeler loan interest rate is 10.50% - 11.50% p.a. This is Cosmos Bank's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh Cosmos Bank bike loan?
At Cosmos Bank's lowest published rate of 10.5% p.a., the EMI on ₹1,00,000 is about ₹3,250 for 36 months or ₹4,638 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does Cosmos Bank charge on a two wheeler loan?
Cosmos Bank's published processing fee is: 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).
Can I foreclose my Cosmos Bank two wheeler loan early?
Cosmos Bank's published foreclosure / prepayment terms: Foreclosure: within 12 months 3%, after 12 months but before 24 months 2%, after 24 months 1%. Prepayment charges: Nil.
How much of the bike price does Cosmos Bank finance, and for how long?
Cosmos Bank finances up to 90% of the vehicle price, with a published maximum loan of ₹10,00,000, repayable over up to 60 months.
How is the Cosmos Bank 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.