Official Rates • Updated Oct 2026RBL Bank Two Wheeler Loan Calculator 2026
Verified RBL Bank bike & scooter loan rates of 16.00% - 25.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
16.00% - 25.00%
Profile & vehicle linked
Processing Fee
3% of loan amount; documentation charges Rs.2,000 per case (non-refundable)
See official schedule
Max Funding
As sanctioned
Per lender policy
Loan Tenure
As sanctioned
Per lender policy
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
RBL Bank official range: 16% - 25%Verified from official website
%
16%25%
years
Monthly EMI
₹3.52 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹26.57 K
Total Amount
₹1.27 L
Was this helpful?
RBL Bank 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
₹79,278
Foreclosure fee
₹2,806
3% of outstanding + GST
Total to close
₹82,084
Interest saved
₹15,646
Closing now leaves you ₹12,840 better off
₹15,646 interest avoided − ₹2,806 fee = ₹12,840 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹86,461 | ₹3,061 | ₹15,949 |
| 12 mos | ₹71,803 | ₹2,542 | ₹10,032 |
| 24 mos | ₹38,749 | ₹1,372 | ₹2,068 |
Official RBL Bank Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
RBL Bank publishes descriptive terms for preclosure charges. Use the fee percentage slider in the calculator above to model your exact payoff statement.
Verbatim Published Clause
“Within 6 months of disbursement: 5% of principal outstanding; after 6 months: 3% of principal outstanding (Nil for Micro & Small Enterprises)”
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 RBL Bank will include exact accrued interest up to the settlement date.
RBL Bank Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by RBL Bank
| Particulars | RBL Bank Two Wheeler Loan |
|---|---|
| Interest Rate | 16.00% - 25.00% p.a. |
| Processing Fee | 3% of loan amount; documentation charges Rs.2,000 per case (non-refundable) |
| Foreclosure / Prepayment | Within 6 months of disbursement: 5% of principal outstanding; after 6 months: 3% of principal outstanding (Nil for Micro & Small Enterprises) |
| Effective Date | Pricing grid w.e.f. 19th Dec 2022; rate range Jul-2026 to Sep-2026; charges w.e.f. 16th Jun 2026 |
Important Notes
- RBL's two-wheeler pricing grid (17%-25% up to Rs.1 lakh vehicle cost, 16%-24% above) and its Jul-Sep 2026 rate-range disclosure (16.00%-25.00%, mean 20.84%) agree.
- No tenure, maximum loan amount or funding percentage is published.
- Rate range: https://webassets.rbl.bank.in/document/service-charges/pricing-range-two-wheeler-loans.pdf
Last verified against the official RBL Bank website on Oct 2026.
RBL Bank Two Wheeler Loan Scheme-wise Rates
RBL Bank publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Vehicle cost up to Rs.1 lakh | 17.00% - 25.00% |
| Vehicle cost above Rs.1 lakh | 16.00% - 24.00% |
| Rate range, Jul-Sep 2026Mean 20.84% | 16.00% - 25.00% |
Compare RBL 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 | |
| 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.
RBL Bank Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 16% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,516
Total Interest
₹26,576
Processing Fee
Not published
RBL Bank Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at RBL Bank's lowest and highest published rate.
| Tenure | EMI @ 16% | EMI @ 25% |
|---|---|---|
| 12 months | ₹9,073 | ₹9,504 |
| 24 months | ₹4,896 | ₹5,337 |
| 36 months | ₹3,516 | ₹3,976 |
| 48 months | ₹2,834 | ₹3,316 |
Before You Apply for a RBL 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; RBL 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 RBL Bank until the loan is closed, after which you get an NOC to remove it from the RC.
RBL Bank Two Wheeler Loan FAQs
Common questions about RBL Bank bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the RBL Bank two wheeler loan interest rate in 2026?
RBL Bank's officially published two wheeler loan interest rate is 16.00% - 25.00% p.a. This is RBL Bank's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh RBL Bank bike loan?
At RBL Bank's lowest published rate of 16% p.a., the EMI on ₹1,00,000 is about ₹3,516 for 36 months or ₹4,896 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does RBL Bank charge on a two wheeler loan?
RBL Bank's published processing fee is: 3% of loan amount; documentation charges Rs.2,000 per case (non-refundable).
Can I foreclose my RBL Bank two wheeler loan early?
RBL Bank's published foreclosure / prepayment terms: Within 6 months of disbursement: 5% of principal outstanding; after 6 months: 3% of principal outstanding (Nil for Micro & Small Enterprises).
How much of the bike price does RBL Bank finance, and for how long?
RBL Bank does not publish a fixed funding percentage.
How is the RBL 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.