Official Rates • Updated Oct 2026Federal Bank Two Wheeler Loan Calculator 2026
Verified Federal Bank bike & scooter loan rates of 12.60% - 16.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
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
Monthly EMI
₹3.35 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹20.61 K
Total Amount
₹1.21 L
Federal Bank Foreclosure Charge Calculator
See exactly what closing this loan early would cost you — and whether the interest you save makes it worth it.
Closing now leaves you ₹9,271 better off
₹12,047 interest avoided − ₹2,776 fee = ₹9,271 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹85,832 | ₹3,038 | ₹11,635 |
| 12 mos | ₹70,747 | ₹2,504 | ₹7,152 |
| 24 mos | ₹37,587 | ₹1,331 | ₹1,284 |
Official Federal Bank Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
“Fixed rate loans: 3% on the balance outstanding or DP, whichever is higher”
Federal Bank Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by Federal Bank
| Particulars | Federal Bank Two Wheeler Loan |
|---|---|
| Interest Rate | 12.60% - 16.00% p.a. |
| Rate Benchmark | Fixed rate |
| Processing Fee | Two wheelers: 2.50% (minimum Rs.2,500), excluding GST |
| Foreclosure / Prepayment | Fixed rate loans: 3% on the balance outstanding or DP, whichever is higher |
- Federal Bank lists "Two-Wheeler Loan From 12.60% to 16.00%" under Retail Loans with Fixed Interest Rates.
- Two-wheeler loans are offered under the Personal Car Loan product (new two-wheelers only); no two-wheeler specific tenure, amount or funding limit is published.
Federal Bank Two Wheeler Loan Scheme-wise Rates
Federal Bank publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Two-Wheeler Loan (fixed rate) | 12.60% - 16.00% |
Compare Federal Bank with Other Two Wheeler Loan Lenders (2026)
Bike loan interest rates from each lender's official website, sorted by lowest starting rate.
| 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 | |
| 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 | |
| 10.25% - 26.10% | ₹3,238 | Up to ₹4,000 | ₹1,20,568 | |
| 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 | |
| 11.00% - 30.00% | ₹3,274 | ₹4,000 | ₹1,21,864 | |
| 11.70% - 15.70% | ₹3,307 | Up to ₹3,540 | ₹1,22,592 | |
| 12.60% - 16.00% | ₹3,350 | ₹2,950 | ₹1,23,550 | |
| 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 | |
| from 14.50% | ₹3,442 | Up to ₹2,500 | ₹1,26,412 | |
| 15.00% - 25.00% | ₹3,467 | Up to ₹2,950 | ₹1,27,762 | |
| 16.00% - 25.00% | ₹3,516 | 3% of loan amount; documentation charges Rs.2,000 per case (non-refundable) | ₹1,26,576 | |
| 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.
Federal Bank Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 12.6% p.a. for 36 months.
Federal Bank Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at Federal Bank's lowest and highest published rate.
| Tenure | EMI @ 12.6% | EMI @ 16% |
|---|---|---|
| 12 months | ₹8,913 | ₹9,073 |
| 24 months | ₹4,735 | ₹4,896 |
| 36 months | ₹3,350 | ₹3,516 |
| 48 months | ₹2,663 | ₹2,834 |
Before You Apply for a Federal 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; Federal 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 Federal Bank until the loan is closed, after which you get an NOC to remove it from the RC.
Federal Bank Two Wheeler Loan FAQs
Common questions about Federal Bank bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.