Official Rates • Updated Oct 2026IndusInd Bank Two Wheeler Loan Calculator 2026
Verified IndusInd bike & scooter loan rates of 11.00% - 30.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
11.00% - 30.00%
Fixed rate
Processing Fee
4.00% (new and used); documentation charges 3.00%
≈ ₹4,000 for current loan
Max Funding
Up to 95%
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
IndusInd official range: 11% - 30%Verified from official website
%
11%30%
years
Monthly EMI
₹3.27 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹17.86 K
Total Amount
₹1.18 L
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IndusInd 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
₹77,990
Foreclosure fee
₹2,761
3% of outstanding + GST
Total to close
₹80,751
Interest saved
₹10,404
Closing now leaves you ₹7,643 better off
₹10,404 interest avoided − ₹2,761 fee = ₹7,643 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹85,529 | ₹3,028 | ₹9,660 |
| 12 mos | ₹70,243 | ₹2,487 | ₹5,843 |
| 24 mos | ₹37,042 | ₹1,311 | ₹933 |
Official IndusInd Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
IndusInd publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“5.00% of principal loan outstanding; foreclosure statement Rs.200 + GST (first one free)”
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 IndusInd will include exact accrued interest up to the settlement date.
IndusInd Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by IndusInd
| Particulars | IndusInd Two Wheeler Loan |
|---|---|
| Interest Rate | 11.00% - 30.00% p.a. |
| Rate Benchmark | Fixed rate |
| Processing Fee | 4.00% (new and used); documentation charges 3.00% |
| Foreclosure / Prepayment | 5.00% of principal loan outstanding; foreclosure statement Rs.200 + GST (first one free) |
| Maximum Funding (LTV) | Up to 95% of the vehicle price |
| Maximum Tenure | 60 months (5 years) |
| Effective Date | Schedule of charges effective 01.04.2024; disclosure 01-04-2026 to 30-06-2026 |
Important Notes
- Rate bands are from IndusInd's Consumer Finance schedule of charges (effective 01.04.2024, still linked from the two-wheeler page): normal bikes 13%-30%, high-end bikes 11%-28%. Its Q1 FY27 disclosure of rates actually given is 13.08%-27.98% (new) and 15.76%-27.08% (used).
- Tenure 12-36 months for normal bikes, up to 60 months for high-end bikes. Up to 95% on-road finance; minimum loan Rs.15,000.
- Disclosure: https://www.indusind.bank.in/in/en/personal/rates.html#cfd-loans
Last verified against the official IndusInd website on Oct 2026.
IndusInd Two Wheeler Loan Scheme-wise Rates
IndusInd publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Normal bikes (new)Fixed rate | 13.00% - 30.00% |
| High-end / high-street bikes (new)Fixed rate; refinanced 13%-30% | 11.00% - 28.00% |
| Rates given Apr-Jun 2026, new two-wheelerMean 21.00% | 13.08% - 27.98% |
| Rates given Apr-Jun 2026, used two-wheelerMean 22.70% | 15.76% - 27.08% |
Compare IndusInd 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.
IndusInd Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 11% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,274
Total Interest
₹17,864
Processing Fee
≈ ₹4,000
IndusInd Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at IndusInd's lowest and highest published rate.
| Tenure | EMI @ 11% | EMI @ 30% |
|---|---|---|
| 12 months | ₹8,838 | ₹9,749 |
| 24 months | ₹4,661 | ₹5,591 |
| 36 months | ₹3,274 | ₹4,245 |
| 48 months | ₹2,585 | ₹3,601 |
| 60 months | ₹2,174 | ₹3,235 |
Before You Apply for a IndusInd 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; IndusInd'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 IndusInd until the loan is closed, after which you get an NOC to remove it from the RC.
IndusInd Bank Two Wheeler Loan FAQs
Common questions about IndusInd bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the IndusInd two wheeler loan interest rate in 2026?
IndusInd's officially published two wheeler loan interest rate is 11.00% - 30.00% p.a. This is IndusInd's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh IndusInd bike loan?
At IndusInd's lowest published rate of 11% p.a., the EMI on ₹1,00,000 is about ₹3,274 for 36 months or ₹4,661 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does IndusInd charge on a two wheeler loan?
IndusInd's published processing fee is: 4.00% (new and used); documentation charges 3.00%.
Can I foreclose my IndusInd two wheeler loan early?
IndusInd's published foreclosure / prepayment terms: 5.00% of principal loan outstanding; foreclosure statement Rs.200 + GST (first one free).
How much of the bike price does IndusInd finance, and for how long?
IndusInd finances up to 95% of the vehicle price, repayable over up to 60 months.
How is the IndusInd 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.