Official Rates • Updated Oct 2026HDFC Bank Two Wheeler Loan Calculator 2026
Verified HDFC bike & scooter loan rates from 14.50% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
from 14.50%
Fixed rate only
Processing Fee
Up to 2.5% of the loan amount; documentation charges up to 2.25% of the loan amount
≈ ₹2,500 for current loan
Max Funding
Up to 100%
Of vehicle price
Loan Tenure
Up to 48 months
4 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
HDFC official range: 14.5%+Verified from official website
%
14.5%22.5%
years
Monthly EMI
₹3.44 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹23.92 K
Total Amount
₹1.24 L
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HDFC 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
₹78,897
Foreclosure fee
₹2,793
3% of outstanding + GST
Total to close
₹81,689
Interest saved
₹14,040
Closing now leaves you ₹11,247 better off
₹14,040 interest avoided − ₹2,793 fee = ₹11,247 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹86,186 | ₹3,051 | ₹14,026 |
| 12 mos | ₹71,340 | ₹2,525 | ₹8,745 |
| 24 mos | ₹38,236 | ₹1,354 | ₹1,716 |
Official HDFC Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
HDFC publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“Up to 24 months: 5% of principal outstanding; after 24 months: 3% of principal outstanding (Nil for fixed-rate loans up to Rs.50 lakh to Micro and Small Enterprises closed from own source)”
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 HDFC will include exact accrued interest up to the settlement date.
HDFC Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by HDFC
| Particulars | HDFC Two Wheeler Loan |
|---|---|
| Interest Rate | from 14.50% p.a. |
| Rate Benchmark | Fixed rate only |
| Processing Fee | Up to 2.5% of the loan amount; documentation charges up to 2.25% of the loan amount |
| Foreclosure / Prepayment | Up to 24 months: 5% of principal outstanding; after 24 months: 3% of principal outstanding (Nil for fixed-rate loans up to Rs.50 lakh to Micro and Small Enterprises closed from own source) |
| Maximum Funding (LTV) | Up to 100% of the vehicle price |
| Maximum Tenure | 48 months (4 years) |
| Effective Date | Rack rate: October 2026 page; disclosure: April to June 2026 |
Important Notes
- HDFC publishes two different official figures: a rack rate "Starting from 14.50%" and a disclosure of rates actually given in April-June 2026 (Two-Wheeler Loan 9.99%-25.02%, Superbike 9.55%-17.10%). Both are shown; the calculator starts at the rack rate.
- Financing up to 100% of on-road price, tenure up to 48 months. No maximum loan amount is published.
Last verified against the official HDFC website on Oct 2026.
HDFC Two Wheeler Loan Scheme-wise Rates
HDFC publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Two-Wheeler Loan (rack rate)"Starting from 14.50% based on vehicle segment and customer credit worthiness" | from 14.50% |
| Two-Wheeler Loan, rates given Apr-Jun 2026Mean 18.22%; APR 10.46%-34.45% | 9.99% - 25.02% |
| Superbike Two-Wheeler Loan, rates given Apr-Jun 2026Mean 10.32%; APR 9.66%-18.10% | 9.55% - 17.10% |
Compare HDFC 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 | |
| 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.
HDFC Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 14.5% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,442
Total Interest
₹23,912
Processing Fee
≈ ₹2,500
HDFC Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at HDFC's lowest published rate.
| Tenure | EMI @ 14.5% |
|---|---|
| 12 months | ₹9,002 |
| 24 months | ₹4,825 |
| 36 months | ₹3,442 |
| 48 months | ₹2,758 |
Before You Apply for a HDFC 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; HDFC'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 HDFC until the loan is closed, after which you get an NOC to remove it from the RC.
HDFC Bank Two Wheeler Loan FAQs
Common questions about HDFC bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the HDFC two wheeler loan interest rate in 2026?
HDFC's officially published two wheeler loan interest rate is from 14.50% p.a. HDFC publishes only a starting rate; the final rate depends on your profile and vehicle.
What is the EMI for a ₹1 lakh HDFC bike loan?
At HDFC's lowest published rate of 14.5% p.a., the EMI on ₹1,00,000 is about ₹3,442 for 36 months or ₹4,825 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does HDFC charge on a two wheeler loan?
HDFC's published processing fee is: Up to 2.5% of the loan amount; documentation charges up to 2.25% of the loan amount.
Can I foreclose my HDFC two wheeler loan early?
HDFC's published foreclosure / prepayment terms: Up to 24 months: 5% of principal outstanding; after 24 months: 3% of principal outstanding (Nil for fixed-rate loans up to Rs.50 lakh to Micro and Small Enterprises closed from own source).
How much of the bike price does HDFC finance, and for how long?
HDFC finances up to 100% of the vehicle price, repayable over up to 48 months.
How is the HDFC 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.