| Charge Type | Details |
|---|---|
| Processing Fee | 0 to ₹ 5000/- + applicable taxes |
| NACH charge | 0 to ₹ 1500/- |
| Late payment interest | 3% per month on overdue EMI |
| Repayment bounce charges | ₹ 350 + applicable taxes |
| Prepayment/ Foreclosure charges | Upto 5 % of prepaid amount + applicable taxes |
| Legal/ Recovery/ Repo/ Parking & other charges | As per actuals |
| Duplicate NOC charges (Charge is applicable for paper copy post 3 free copies per customer) | ₹ 250/- + applicable taxes |
| Repayment swap charges (per swap) | ₹ 500/- + applicable taxes (applicable only for branch walk-ins) |
| SOA/ RPS/ FC letter & other documents | Nil |
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Empowering Your Goals.
Two-Wheeler Loan
I am very much satisfied with the loan scheme of L&T finance. They have approved the loan within a very short time and the Yamaha MT bike was one of my dream bikes and I got the bike with support and help of L&T finance and a bit of down payment
Two-Wheeler Loan
I got a loan from L&T Finance. It was a very smooth and easy loan process. I just brought my KYC documents and got loan within five minutes, and the rate of interest is also very low. I am really very pleased with L&T Finance.
Two-Wheeler Loan
I really appreciate the No-Hypothecation scheme in which the interest rate is low and there is no hypothecation in Registration Certificate Card, which makes it a lot easier for the customer during closure of the loan.
Two-Wheeler Loan
- Finance Up to 95% of the Cost
- Extended Loan Tenure
- Quick and Easy Processing
- You can avail a bike loan up to 95% of your Two-Wheeler’s actual cost, up to ₹1,50,000.
- Say for example, you purchased a bike with this vehicle loan. If it costs ₹ 1 Lakh, the auto loan from L&T Finance can fund the entire amount.
- However, if it costs more, say ₹ 2 Lakhs, our 2-wheeler loan can fund up to a maximum of ₹1,50,000.
- You can avail a Two-Wheeler Loan for a tenure extending up to 5 years and repay the loan at your convenience.
- With quick processing and minimal paperwork, L&T Finance Two-Wheeler Loan is be processed in no time.
Our Achievements
Two-Wheeler Loan
Two-Wheeler Finance
- Quickest Turn-around-Time (TAT) in the industry
- Competitive interest rates and schemes to suit your needs
Frequently Asked Questions
Have more doubts about two-wheeler loans? Get all your queries answered here.
1. What is a Two-Wheeler Loan?
2. What is an EMI?
3. Why L&T Finance Two-Wheeler Loan?
4. What is the maximum loan tenure for L&T Finance Two-Wheeler loan?
5. How much loan I can avail of?
6. Is there any late payment fee on two-wheeler loan?
7. Are there any special schemes on two-wheeler loan?
8. Can I repay two-wheeler loan early?
9. Where can I get my Statement of Account or any other loan related details?
10. How to check loan application status at L&T Finance?
11. How can I repay my two-wheeler loan?
12. How to apply for Two-Wheeler Loan at L&T Finance
13. Is there any security/collateral which needs to be offered for this loan?
14. How long does it take for a two-wheeler loan approval at L&T Finance?
15. What is the rate of interest for Two-Wheller loan at L&T Finance?
16. What is the age criteria to avail two-wheeler loan?
Know More About Two Wheeler Loans!
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Corporate Office
Brindavan Building, Plot No 177
Vidyanagari Marg, CST Road,
Kalina Santacruz (E), Mumbai 400 098
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