Official Rates • Updated Oct 2026Ujjivan Small Finance Bank Two Wheeler Loan Calculator 2026
Verified Ujjivan SFB bike & scooter loan rates of 14.49% - 24.00% p.a. — calculate your EMI with down payment, total interest & repayment schedule.
Interest Rate
14.49% - 24.00%
Profile & vehicle linked
Processing Fee
Up to 4% of loan amount + GST or ₹5,000 (inclusive of GST) whichever is lower (Mid-Premium: or ₹10,000 inclusive of GST), w.e.f. 13th Feb 2026
≈ ₹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
Ujjivan SFB official range: 14.49% - 24%Verified from official website
%
14.49%24%
years
Monthly EMI
₹3.44 K
for 3 years
Loan Amount
₹1.00 L
Total Interest
₹23.90 K
Total Amount
₹1.24 L
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Ujjivan 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
₹78,894
Foreclosure fee
₹2,793
3% of outstanding + GST
Total to close
₹81,687
Interest saved
₹14,029
Closing now leaves you ₹11,237 better off
₹14,029 interest avoided − ₹2,793 fee = ₹11,237 net benefit.
| Close after | Outstanding | Fee | Net benefit |
|---|---|---|---|
| 6 mos | ₹86,184 | ₹3,051 | ₹14,013 |
| 12 mos | ₹71,337 | ₹2,525 | ₹8,737 |
| 24 mos | ₹38,233 | ₹1,353 | ₹1,713 |
Official Ujjivan SFB Foreclosure & Prepayment Terms
Published schedule of charges • Verified banking disclosure
Ujjivan 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
“2% of principal outstanding + tax if preclosed on/before 12 months from disbursement; 1% of principal outstanding + tax if preclosed after 12 months. In both cases capped at Rs.3,000 (inclusive of tax)”
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 Ujjivan SFB will include exact accrued interest up to the settlement date.
Ujjivan SFB Two Wheeler Loan Interest Rate & Charges (2026)
Interest rate, processing fee, tenure and prepayment terms as published by Ujjivan SFB
| Particulars | Ujjivan SFB Two Wheeler Loan |
|---|---|
| Interest Rate | 14.49% - 24.00% p.a. |
| Processing Fee | Up to 4% of loan amount + GST or ₹5,000 (inclusive of GST) whichever is lower (Mid-Premium: or ₹10,000 inclusive of GST), w.e.f. 13th Feb 2026 |
| Foreclosure / Prepayment | 2% of principal outstanding + tax if preclosed on/before 12 months from disbursement; 1% of principal outstanding + tax if preclosed after 12 months. In both cases capped at Rs.3,000 (inclusive of tax) |
| Maximum Funding (LTV) | Up to 95% of the vehicle price |
| Maximum Loan Amount | ₹5,00,000 |
| Maximum Tenure | 60 months (5 years) |
| Effective Date | Rate disclosure effective 31st July, 2026; charges effective 13th Feb 2026 |
Important Notes
- Ujjivan publishes three different official figures: the vehicle-loans rate table shows "Two-Wheeler Loan 18%" and "Mid-Premium Segment 14.49%"; the two-wheeler FAQ and the RBI mean-rate disclosure show 17.75% to 24% (mean 21%); the Mid-Premium page shows 14.49%-18.49% IRR. All are quoted as published.
- Maximum tenure (60 months) and amount (Rs.5 lakh) apply to the Mid-Premium scheme; the standard scheme is up to 48 months and Rs.2.75 lakh at up to 95% funding.
- RBI disclosure: https://www.ujjivansfb.bank.in/mean-interest-rate-for-loan-product
Last verified against the official Ujjivan SFB website on Oct 2026.
Ujjivan SFB Two Wheeler Loan Scheme-wise Rates
Ujjivan SFB publishes separate rates for these two wheeler loan variants.
| Scheme / Segment | Interest Rate (p.a.) |
|---|---|
| Two-Wheeler LoanUp to 95% of on-road price, capped at Rs.2.75 lakh; 12-48 months. Vehicle-loans rate table shows a single "18%". | 17.75% - 24.00% |
| Two-Wheeler Loan (Mid-Premium Segment)"14.49%-18.49% IRR [Rack Rate]"; Rs.2,75,001 - 5,00,000 (income proof programme), up to 90% of on-road price, 12-60 months | 14.49% - 18.49% |
Compare Ujjivan 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.
Ujjivan SFB Bike Loan EMI: Worked Example
Live from the calculator above: a ₹1,20,000 bike with ₹20,000 down payment, financed at 14.49% p.a. for 36 months.
Loan Amount
₹1,00,000
Monthly EMI
₹3,442
Total Interest
₹23,912
Processing Fee
≈ ₹4,000
Ujjivan SFB Two Wheeler Loan EMI per ₹1 Lakh
EMI on a ₹1,00,000 loan at Ujjivan SFB's lowest and highest published rate.
| Tenure | EMI @ 14.49% | EMI @ 24% |
|---|---|---|
| 12 months | ₹9,002 | ₹9,456 |
| 24 months | ₹4,824 | ₹5,287 |
| 36 months | ₹3,442 | ₹3,923 |
| 48 months | ₹2,757 | ₹3,260 |
| 60 months | ₹2,352 | ₹2,877 |
Before You Apply for a Ujjivan 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; Ujjivan 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 Ujjivan SFB until the loan is closed, after which you get an NOC to remove it from the RC.
Ujjivan Small Finance Bank Two Wheeler Loan FAQs
Common questions about Ujjivan SFB bike and scooter loan interest rates, EMI, charges and foreclosure in 2026.
What is the Ujjivan SFB two wheeler loan interest rate in 2026?
Ujjivan SFB's officially published two wheeler loan interest rate is 14.49% - 24.00% p.a. This is Ujjivan SFB's published rate card for two wheeler loans.
What is the EMI for a ₹1 lakh Ujjivan SFB bike loan?
At Ujjivan SFB's lowest published rate of 14.49% p.a., the EMI on ₹1,00,000 is about ₹3,442 for 36 months or ₹4,824 for 24 months. Use the calculator above for your exact price, down payment and tenure.
What processing fee does Ujjivan SFB charge on a two wheeler loan?
Ujjivan SFB's published processing fee is: Up to 4% of loan amount + GST or ₹5,000 (inclusive of GST) whichever is lower (Mid-Premium: or ₹10,000 inclusive of GST), w.e.f. 13th Feb 2026.
Can I foreclose my Ujjivan SFB two wheeler loan early?
Ujjivan SFB's published foreclosure / prepayment terms: 2% of principal outstanding + tax if preclosed on/before 12 months from disbursement; 1% of principal outstanding + tax if preclosed after 12 months. In both cases capped at Rs.3,000 (inclusive of tax).
How much of the bike price does Ujjivan SFB finance, and for how long?
Ujjivan SFB finances up to 95% of the vehicle price, with a published maximum loan of ₹5,00,000, repayable over up to 60 months.
How is the Ujjivan 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.