✓ Interest Rates Starting @ 0.99% p.a. ✓ Up to 100% Financing ✓ Repayment Tenure of up to 4 Years Apply Now

The younger generations have always had great aspirations of owning a two-wheeler. This also comes with the added goal of buying a two-wheeler from their own money. A two-wheeler loan is something that can help you fulfill both these dreams.  Many exciting and affordable two-wheeler loans are available in the Indian market. Choosing the one that will not become a burden in your life and will not disrupt your monthly budget is important. Interest rates play a major role in determining the monthly EMI you have to pay. It is here that the L&T Two Wheeler Loan acts like a knight in shining armour and rescues you from burning your pockets. If you are someone who is planning to buy a bike anytime soon by availing a two-wheeler loan, take a look at the L&T Two-Wheeler Finance options available on Bajaj Markets.

L&T Two Wheeler Loan Interest Rate

L&T Finance loans are quite affordable due to their competitive interest rates starting at 6.49% per annum. Depending on the profile and creditworthiness of the borrower, L&T Bike Loan interest rate may vary. Take a look at the L&T Finance Two-Wheeler Loan details here.

Parameters

L&T Finance Two-Wheeler Loan

Interest rate

6.49% p.a. onwards

Associated Charges

Processing Fee: 1% to 4% of the loan amount

Loan Amount

100% of the bike’s value

Repayment Tenure

4 Years

Disbursal Time

Within 4 hours

*Interest rates and charges are subject to market conditions and financial institutions' discretion.

Features & Benefits

Quick Loan Approval

All L&T Bike Loans are processed and approved quickly without keeping the borrowers on edge. 

Simple Procedure

You can have a quick and easy loan disbursement experience with very minimal documentation.

100% Funding

You can avail funding up to 100% of the on-road price with L&T Finance Two-Wheeler Loans.

Loans For All

L&T Finance Two-Wheeler Loan options are available for salaried as well as self-employed individuals.

Flexible Loan Tenure

The repayment tenure ranges up to 48 months.

Accessible Services

LTFS has a PAN India branch network, offering services that are accessible across the nation.

Eligibility Criteria

You have to satisfy the below-mentioned eligibility criterion to avail an L&T Bike Loan.

  •  You must be between 18-60 years.

Documents Required

Here is a complete list of the documents required to apply for a L&T Two-Wheeler Loan.

  •  PAN card

  •  Aadhaar Card

  • Current address proof

  •   Bank statement of last 3 months (for salaried applicants)

How to Apply?

You can easily apply for a L&T Two-wheeler Loan online. Follow a few simple steps mentioned below to apply for one:

  • Step 1: Click on ‘APPLY NOW’ on this page.
  • Step 2: Enter your mobile number and date of birth.
  • Step 3: Post this, enter all the required information like basic details, employment details, bike’s make and model.
  • Step 4: Basis your profile and eligibility, offer/offers will be displayed. Choose the one that suits you.
  • Step 5: A representative will then get in touch with you for further processing.

L&T Two Wheeler Loan FAQs

How much interest is charged by L&T Finance on a two-wheeler loan?

 L&T Finance Bike Loan interest rate starts from 6.49% per annum.

Is age an eligibility factor to get a two-wheeler loan from L&T Finance?

 Yes, age is an eligibility factor to get a two-wheeler loan from L&T Finance. An applicant should be between 18 -60 years.

How much is the processing fee charged by L&T Finance on bike loans?

The processing fee charged by L&T Finance on bike loans is as per the terms and conditions of the financial institution.

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