Looking to buy your dream bike without emptying your savings? Tata Capital’s two-wheeler loan might just be the game-changer you’ve been waiting for. With up to 100% financing, zero down payment, and minimal paperwork, owning a new ride has never been this easy.
What Makes Tata Capital’s Two-Wheeler Loan Stand Out?
If you’re in the market for a bike loan, Tata Capital offers two smart loan options tailored for every kind of rider – whether you’re buying a regular commuter bike or a premium machine.
Here’s what you get:
- Loan of up to ₹5 lakh with funding for the full cost of the bike
- No down payment needed
- Quick approval with minimum documentation
- Flexible EMIs: Choose between Fixed or Structured options
- 100% online process – no branch visits needed
- Instant application & disbursal
In short, it’s fast, flexible, and super convenient.
Interest Rate & Charges You Should Know
Let’s break down the costs:
| Fee Type | Details |
|---|---|
| Interest Rate | Starts from 8.99% p.a. |
| Loan Amount | ₹25,000 to ₹5 lakh |
| Repayment Tenure | 6 to 60 months |
| Processing Fee | Up to 4% of the loan + GST |
| Prepayment Charges | 5% of outstanding + GST |
| Minimum Income | ₹10,000 per month |
So, whether you’re a salaried professional or self-employed, the loan is pretty accessible.
Want to Know Your EMI Before You Apply?
No need to grab a calculator. Tata Capital has an EMI calculator right on their website. Just enter your loan amount, interest rate, and tenure — and boom, you’ll see your EMI and even the full amortization schedule.
Pro tip: Tools like this make financial planning a lot smoother.
Who Can Apply for This Loan?
The eligibility rules are pretty straightforward:
- Age: 21 to 65 years
- Income: At least ₹10,000 per month
- Employment Stability: Minimum 1 year
- Residence Stability: Minimum 1 year
- Self-employed or salaried individuals are welcome
For high-end bikes, the bar is a bit higher — including a minimum salary of ₹15,000 and ownership of a house (either yours or your parents’).
What Documents Do You Need?
Here’s your checklist:
Identity Proof (Any one):
- Aadhaar, Passport, PAN, Voter ID, DL
Address Proof (Any one):
- Aadhaar, Passport, Electricity Bill, Voter ID
Income Proof:
- Salaried: Last 6 months’ payslips + bank statements
- Self-employed: Business ownership proof + ITR + bank statements + audited financials
Note: For superbikes, residence ownership proof is a must.
What About EMI Options?
Tata Capital gives you two ways to repay:
- Fixed EMI: Equal payments throughout the loan tenure – easy to budget.
- Structured EMI: EMIs grow with your income – great for young professionals climbing the ladder.
How to Apply for the Loan?
You can apply both online and offline.
Online:
- Go to Tata Capital Website
- Navigate to ‘Vehicle Loans’ → ‘Two-Wheeler Loan’
- Click ‘Apply Now’ and fill in your details
- A rep will get in touch with you
Offline:
- Visit your nearest Tata Capital branch with documents in hand
Track Your Loan or Get a Statement
Need to check your loan status or download your statement?
- Track Status: Click here, enter your mobile number or PAN, and get updates instantly.
- Get Loan Statement: Call 1860 267 6060 or email customercare@tatacapital.com
Frequently Asked Questions
Yes, bikes up to ₹3 lakh are covered – subject to eligibility.
For premium models, the Loan-to-Value (LTV) is 65%.
Nope, currently it’s only for brand-new bikes.
As short as 6 months. The max is 60 months.
Not at all. Zero down payment is one of their biggest perks.
Final Thoughts
Whether you’re a college grad buying your first scooter or a rider eyeing a premium motorcycle, Tata Capital’s two-wheeler loan offers something for everyone. With fast approvals, zero down payment, and EMI options to suit your income, this loan makes bike ownership easier than ever.
Thinking about getting started? Head over to Tata Capital’s site and check your eligibility today. Your dream bike might be just a few clicks away
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