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Two Wheeler Loan by Muthoot Capital

Getting two wheeler loan is easy and seamless with Muthoot Capital. Buying a two wheeler is a step towards freedom from public conveyance. Avail bike finance to help you zip through the streets and be on time every time. Owning a two-wheeler has never been this easy. Our bike loans provide maximum of up to 100% of the on-road price of the vehicle, attractive interest rates starting at 0.99% and easy EMI's. You can pay back at your own convenience at any of the Muthoot Fincorp branches across the country.

Two Wheeler Loans: Key Benefits and Features



Flexible repayment options, ranging from 12 to 48 months.
  • Flexible repayment options, ranging from 12 to 48 months.

Special schemes to suit your needs.
  • Special schemes to suit your needs.

Attractive interest rates.
  • Attractive interest rates.

Quick approval
  • Quick approval

We provide loans under income base, no income base, and asset proof base.
  • We provide loans under income base, no income base, and asset proof base.

Hassle free loans
  • Hassle free loans

Easy and simple documentation
  • Easy and simple documentation

We provide loans up to 100% for specific models under specific schemes*
  • We provide loans up to 100% for specific models under specific schemes*

Low Down Payment/EMI schemes to suit the customers financial requirement
  • Low Down Payment/EMI schemes to suit the customers financial requirement

Two Wheeler Loan Eligibility

In order to find out if you meet our two wheeler loan eligibility, you have to fulfill only a few conditions after which we process your loan.

01

Salaried or self-employed persons.

02

Age between 18 (at the time of application) and 65 (at the end of the loan tenure)

03

Minimum net income of Rs.96000/- p.a. for salaried profile / net profit of Rs. 1,20,000/- p.a. for self employed profile

Documents Required For Two Wheeler Loans

Valid identity proof: Any one of passport / Aadhaar card / voters ID card / driving license / PAN card

Valid address proof: Any one of passport / Aadhaar card / voters ID card / driving license / telephone bill / electricity bill / gas connection bills / ration card/ LIC policy.

Income proof: ITR / form 16 / pay slip / salary credit in bank statement

Asset proof: Latest land / building / house tax reciept

Recent passport size photo

Two Wheeler Loans EMI Calculator

Loan

Tenure (Months)

Tenure

Interest Rate

%

Monthly EMI

₹ 1750

EMI Calculator

Loan

Tenure (Months)

Tenure

Interest Rate

%

Monthly EMI

₹1750

Online Payment Options

Pay Via Websites

Pay your EMI using our website anytime, anywhere.

Muthoot Capital Services Customer APP

Get instant access to your loan details and pay EMI easily.

Fees & Charges Of Two Wheeler Loan

There are some charges that are levied over and above the interest rates when you take a two wheeler loan.

Two Wheeler Loan Interest Rates 0.99% pa* Onward
Maximum Repayment Tenure 48 months

*Processing fee and documentation charges applicable as per scheme

How to Get Two Wheeler Loans Instantly

There are some dos and don’ts while applying for a two wheeler loan. You should be aware of some simple guidelines while applying for an online bike loan.

Two Wheeler Loan FAQs

You can apply for a two wheeler loan by clicking on Apply Now or visit a Muthoot Blue branch near you to initiate the loan. The loans for motorcycles come with many benefits.
  • It does not create a burden on you. You do not need a large amount to buy a bike. A Muthoot Capital two wheeler loan frees you to use the money in your bank for any other purpose like medical emergencies. You can pay the amount in small EMI’s over up to 5 years at a nominal interest rate.
  • Your credit score becomes healthy if you keep paying your EMIs on time. If you do not have a credit history it is the best way to do so.
  • Muthoot Capital Services Ltd. offers income-based, asset-based and non-income based finance options.
You can apply for a two wheeler loan online by clicking on the” Apply Now” icon on our site. Just fill the drop-down form, check your eligibility and make an estimate about the EMI you can afford. Our representative will call you to guide you through the process. Alternatively, you can drop in to any of our Muthoot Fincorp branches across the country or Call Us at 1800 102 1616 and apply for the best bike loan offline.
You can use our mPower App to make your repayments. You can consider NACH or the National Automated Clearing House to remit Monthly Instalments when opting for two wheeler finance. You can also download Muthoot Capital Services application from the Google Play Store and pay the EMI for the bike finance you opted through Net banking, UPI or debit cards as comfortable.
Yes, you can prepay the motorcycle loan in entirety. There will be a nominal charge for pre-payment of the bike loan you have taken. Get in touch with our customer care representative at 1800 102 1616 to help with the details.
No, you do not need to visit a Muthoot Fincorp branch to avail Bike or Scooter finance. Just apply online by clicking on the “apply now “button. Fill the form and check your eligibility. The EMI calculator will help you reach a figure and tenure that allows you to pay the most suited EMI amount. Our representative will call you to guide you through the process of documentation for the bike or scooter loan.
Getting a two wheeler vehicle loan is a hassle-free and seamless process. To get the best bike loan, you require to meet the eligibility criteria and fill the form. The process of approval is quick and the disbursal is done within a few days after the application is completed and documents submitted. You can own the bike of your dreams in a very short time.
Two wheeler finance requires easy documentation. The documents required for the best two wheeler loans are:
  • Address proof: Passport/ voter ID card/ Aadhaar card/ driving license/ utility bills/ Ration card/ LIC policy.
  • Identity proof: Passport/ Voter Id card/ PAN card/ Driving license/ Aadhaar card.
  • Income proof like ITR/ Salary credit in bank statement or pay slip.
A 2 wheeler loan is useful because you need to pay only a small amount to buy your dream bike - there is no need to burden your finances. The remaining amount can be availed of as motorcycle loans. The loan amount can be repaid in the form of EMIs that are affordable. Some schemes allow you to get the entire value of the vehicle on-road price as a loan.
A 2 wheeler loan is useful because you need to pay only a small amount to buy your dream bike - there is no need to burden your finances. The remaining amount can be availed of as motorcycle loans. The loan amount can be repaid in the form of EMIs that are affordable. Some schemes allow you to get the entire value of the vehicle on-road price as a loan.

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