Apply for Two Wheeler Loan Online in Tata Capital

  • Loan ID : N068
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There are very few things that bring you joy like riding your dream bike. And, we understand this which is why, Tata Capital brings you tailored offerings.

Two Wheeler Loan Tata Capital Advantage

  • Loan Amount : You can avail a loan for up to 95% of the on-road price of any two-wheeler costing less than Rs.1,50,000.
  • Longer Tenure : You can avail a loan tenure up to 5 years.
  • Quick and Easy Processing : With quick processing and minimal paperwork, your two wheeler loan will be processed in no time.

Two Wheeler Loan Eligibility and Documents

Who is eligible for two wheeler finance?

Standard Bikes

 Salaried/ Self employed
AgeMinimum- 21 Years
Maximum- 65 Years at loan maturity
Loan AmountMinimum- Rs.10,000
Maximum- Rs.3,00,000
TenorMinimum- 12 months
Maximum- 60 months
Residential StabilityMinimum 1 Year
Employment StabilityMinimum 1 Year
IncomeNot mandatory
Loan To Value (LTV)Up to 95%

High-end Bikes

ParametersCriteria
AgeMinimum- 21 Years
Maximum- 65 Years at loan maturity
Loan AmountMinimum- Rs.10,00,000
Maximum- Rs.40,00,000
TenorMinimum- 12 months
Maximum- 36 months
Residential StabilityThe residence should be self-owned (parental house is allowed)
Employment StabilityMinimum 2 years
IncomeFor Salaried- Rs.15,00,000
For Self Employed- The business income should be Rs.5,00,000
Loan To Value (LTV)Up to 65%

Two Wheeler Loan Documents

 Documents Required
ID ProofPassport/Pan Card/Driver's License/Voter's ID along with recent passport size photographs
Address ProofPassport/Driver's License/Voter's ID/Utility Bill
Income Proof if requiredLast 3 month's salary slips/Form 16/Last 3 month's bank statement reflecting salary credits/3 year's ITR
Bank StatementLast 6 month's statement is mandatory
Residence Ownership ProofMandatory and should be in the name of Applicant/Applicant's Parents/Spouse

Two Wheeler Loan Key Features

Own a bike in no time with:

  • Zero Processing Fee (Offer Valid until 31st March 2017)
  • Spot Approvals
  • Quick Processing
  • Tenor up to 5 years
  • Interest Rate starting at 10% p.a
  • Up to 95% funding for select bikes
  • Special Reduced rates

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