The Muthoot Capital Two-wheeler Loan enables you to purchase a bike of your choice without making any down payment. Get amounts of up to 100% of your bike’s on-road price with this loan, now available on Bajaj Markets. You can borrow amounts of up to ₹3 Lakhs and benefit from low interest rates starting from just 0.99% p.a. Furthermore, you can also repay the loan over flexible tenures ranging up to 4 years.
The interest rates and charges applicable to this loan are as listed below:
Interest rate |
0.99% p.a. onwards |
Processing Fee |
0% to 4% + GST |
Late Payment Charges |
2% per month |
*Disclaimer: The aforementioned details are subject to constant change at the lender’s discretion.
Year | Principal | Interest | Balance |
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Meet the following criteria to be eligible for this bike loan:
In addition to this, keep the following documents handy when applying for this loan:
Here is how you can apply for a Muthoot Capital Two-wheeler Loan on Bajaj Markets:
Following this, an executive will reach out to you for further proceedings.
Non Partner Two Wheeler Loan Providers
You can secure amounts as high as ₹3 Lakhs with the help of a Muthoot Capital Two-wheeler Loan.
You may not be required to make any down payment. This is because you can borrow up to 100% of the bike’s on-road value. This eliminates the need for any down payment.
A processing fee ranging between 0% and 4% may be charged on this loan offered by Muthoot Capital.
You can repay these loans over tenures ranging up to 4 years.