Official Rates • Updated Oct 2026Jana Small Finance Bank Two Wheeler Loan Calculator 2026
Verified Jana SFB bike & scooter loan rates of 16.40% - 26.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
16.40% - 26.00%
Profile & vehicle linked
Processing Fee
Upto 5%
≈ ₹5,000 for current loan
Max Funding
Up to 95%
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
Jana SFB official range: 16.4% - 26%Verified from official website
%
16.4%26%
years
Monthly EMI
₹3.54 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹27.28 K
Total Amount
₹1.27 L
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Jana SFB 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
₹79,379
Foreclosure fee
₹2,810
3% of outstanding + GST
Total to close
₹82,189
Interest saved
₹16,079
Closing now leaves you ₹13,269 better off
₹16,079 interest avoided − ₹2,810 fee = ₹13,269 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹86,534 | ₹3,063 | ₹16,467 |
| 12 mos | ₹71,926 | ₹2,546 | ₹10,379 |
| 24 mos | ₹38,886 | ₹1,377 | ₹2,164 |
Official Jana SFB Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
Jana SFB 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 / Pre-Payment Charges: Upto 5%; Part Payment Charges under Fixed ROI: 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 Jana SFB will include exact accrued interest up to the settlement date.
Jana SFB Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by Jana SFB
| Particulars | Jana SFB Two Wheeler Loan |
|---|---|
| Interest Rate | 16.40% - 26.00% p.a. |
| Processing Fee | Upto 5% |
| Foreclosure / Prepayment | Foreclosure / Pre-Payment Charges: Upto 5%; Part Payment Charges under Fixed ROI: Nil |
| Maximum Funding (LTV) | Up to 95% of the vehicle price |
| Maximum Loan Amount | ₹7,50,000 |
| Maximum Tenure | 48 months (4 years) |
| Effective Date | Rates: Quarter Apr'26-Jun'26; Charges: effective Jul 15, 2026 |
Important Notes
- Rate is Jana SFB's quarterly disclosure of minimum / maximum / mean rates on two wheeler loans actually sanctioned ("Two Wheeler Loans 16.40% 26.00% 19.57%", quarter Apr'26-Jun'26); the product page itself says only "Competitive Interest Rates".
- Product page: loan up to 95% of the on-road cost, up to Rs.7.50 lakh, tenure 12 to 48 months. Offered in Maharashtra, Gujarat, Tamil Nadu, Karnataka, West Bengal, Odisha, Delhi-NCR and Puducherry.
- Processing fee and foreclosure charges are from the TW column of Jana's Schedule of Charges (Assets), effective Jul 15, 2026: https://www.jana.bank.in/images/PDF/SOC-Assets.pdf
Last verified against the official Jana SFB website on Oct 2026.
Jana SFB Two Wheeler Loan Scheme-wise Rates
Jana SFB publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Two Wheeler Loans (incl. Electric Two Wheeler)Mean rate 19.57% on loans sanctioned in Apr'26-Jun'26 | 16.40% - 26.00% |
Compare Jana SFB 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.
Jana SFB Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 16.4% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,535
Total Interest
₹27,260
Processing Fee
≈ ₹5,000
Jana SFB Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at Jana SFB's lowest and highest published rate.
| Tenure | EMI @ 16.4% | EMI @ 26% |
|---|---|---|
| 12 months | ₹9,092 | ₹9,553 |
| 24 months | ₹4,915 | ₹5,387 |
| 36 months | ₹3,535 | ₹4,029 |
| 48 months | ₹2,855 | ₹3,372 |
Before You Apply for a Jana SFB 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; Jana SFB'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 Jana SFB until the loan is closed, after which you get an NOC to remove it from the RC.
Jana Small Finance Bank Two Wheeler Loan FAQs
Common questions about Jana SFB bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the Jana SFB two wheeler loan interest rate in 2026?
Jana SFB's officially published two wheeler loan interest rate is 16.40% - 26.00% p.a. Jana SFB publishes this as a regulatory disclosure range (the lowest to highest rates on loans it actually sanctioned / its indicative policy range), not as a fixed rack rate. Your offer depends on your profile and vehicle.
What is the EMI for a ₹1 lakh Jana SFB bike loan?
At Jana SFB's lowest published rate of 16.4% p.a., the EMI on ₹1,00,000 is about ₹3,535 for 36 months or ₹4,915 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does Jana SFB charge on a two wheeler loan?
Jana SFB's published processing fee is: Upto 5%.
Can I foreclose my Jana SFB two wheeler loan early?
Jana SFB's published foreclosure / prepayment terms: Foreclosure / Pre-Payment Charges: Upto 5%; Part Payment Charges under Fixed ROI: Nil.
How much of the bike price does Jana SFB finance, and for how long?
Jana SFB finances up to 95% of the vehicle price, with a published maximum loan of ₹7,50,000, repayable over up to 48 months.
How is the Jana SFB 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.