Official Rates • Updated Oct 2026Dhanlaxmi Bank Two Wheeler Loan Calculator 2026
Verified Dhanlaxmi Bank bike & scooter loan rates of 12.50% - 13.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
12.50% - 13.00%
Fixed rate
Processing Fee
1.00% (excluding taxes)
≈ ₹1,180 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
Dhanlaxmi Bank official range: 12.5% - 13%Verified from official website
%
12.5%13%
years
Monthly EMI
₹3.35 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹20.43 K
Total Amount
₹1.20 L
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Dhanlaxmi Bank Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by Dhanlaxmi Bank
| Particulars | Dhanlaxmi Bank Two Wheeler Loan |
|---|---|
| Interest Rate | 12.50% - 13.00% p.a. |
| Rate Benchmark | Fixed rate |
| Processing Fee | 1.00% (excluding taxes) |
| Maximum Funding (LTV) | Up to 90% of the vehicle price |
| Maximum Tenure | 60 months (5 years) |
| Effective Date | Effective from 01.10.2026 |
Important Notes
- Dhanlaxmi Bank loan pricing (effective 01.10.2026): "Dhanam Savari-New Two wheeler Loan - Income method 12.50%, Surrogate method 13.00%" (fixed rates).
- New two-wheelers only; up to 90% of ex-showroom price, 12 to 60 months. No two-wheeler specific prepayment charge is published (the bank's generic fixed-rate term loan clause is 3% of the amount prepaid).
- Product: https://www.dhan.bank.in/two-wheelers-loans/
Last verified against the official Dhanlaxmi Bank website on Oct 2026.
Dhanlaxmi Bank Two Wheeler Loan Scheme-wise Rates
Dhanlaxmi Bank publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Dhanam Savari new two wheeler - income method | from 12.50% |
| Dhanam Savari new two wheeler - surrogate method | from 13.00% |
Compare Dhanlaxmi 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) |
|---|---|---|---|---|
| 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.
Dhanlaxmi Bank Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 12.5% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,345
Total Interest
₹20,420
Processing Fee
≈ ₹1,180
Dhanlaxmi Bank Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at Dhanlaxmi Bank's lowest and highest published rate.
| Tenure | EMI @ 12.5% | EMI @ 13% |
|---|---|---|
| 12 months | ₹8,908 | ₹8,932 |
| 24 months | ₹4,731 | ₹4,754 |
| 36 months | ₹3,345 | ₹3,369 |
| 48 months | ₹2,658 | ₹2,683 |
| 60 months | ₹2,250 | ₹2,275 |
Before You Apply for a Dhanlaxmi 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; confirm Dhanlaxmi Bank's charges before signing.
- 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 Dhanlaxmi Bank until the loan is closed, after which you get an NOC to remove it from the RC.
Dhanlaxmi Bank Two Wheeler Loan FAQs
Common questions about Dhanlaxmi Bank bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the Dhanlaxmi Bank two wheeler loan interest rate in 2026?
Dhanlaxmi Bank's officially published two wheeler loan interest rate is 12.50% - 13.00% p.a. This is Dhanlaxmi Bank's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh Dhanlaxmi Bank bike loan?
At Dhanlaxmi Bank's lowest published rate of 12.5% p.a., the EMI on ₹1,00,000 is about ₹3,345 for 36 months or ₹4,731 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does Dhanlaxmi Bank charge on a two wheeler loan?
Dhanlaxmi Bank's published processing fee is: 1.00% (excluding taxes).
Can I foreclose my Dhanlaxmi Bank two wheeler loan early?
Dhanlaxmi Bank does not publish two wheeler specific foreclosure charges on its website; check your sanction letter.
How much of the bike price does Dhanlaxmi Bank finance, and for how long?
Dhanlaxmi Bank finances up to 90% of the vehicle price, repayable over up to 60 months.
How is the Dhanlaxmi 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.