Bajaj Auto Credit Two-wheeler Loan

Get a Bajaj Auto Credit Two-wheeler Loan

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

Bajaj Auto Credit Bike Loan

Apply for a Bajaj Auto Credit Two-wheeler Loan on Bajaj Markets to fund your next bike purchase. Get up to 98% of the bike's value as a loan with this option. Thus, the required down payment is reduced drastically, starting from just 2% of the bike’s value.

You can get the loan at a low interest rate and a flexible repayment tenure of up to 72 months. Furthermore, the documentation requirements are minimal. Get started by applying for the Bajaj Auto Credit Bike Loan on Bajaj Markets by clicking on the ‘CHECK OFFER’ option on this page. Enjoy a seamless and hassle-free application process and get the required loan rapidly.

Bajaj Auto Credit Two-wheeler Loan Interest Rate & Charges

The following table illustrates the applicable interest rate and other charges that you have to pay if you get a Bajaj Auto Credit Two-wheeler Loan:

Interest Rate	6.65% p.a. onwards
Processing Fee	Starting from 1%
Foreclosure Charges	3% flat on principal outstanding+GST, after the second EMI till the end of tenure

*Disclaimer: The mentioned rates are subject to change at the lender’s discretion.

Calculate the EMI for a Bajaj Auto Finance Bike Loan

Loan Amount

Tenure

Rate of Interest

Your Monthly Two Wheeler Loan EMI

Principal Amount

Total Interest

Total Amount Payable

Amortization Schedule

Download

Year	EMI	Principal	Interest	Balance

Bajaj Auto Credit Bike Loan Features and Benefits

Some of the key features of a Bajaj Auto Credit Two-wheeler Loan are as under:

High Loan Amount

You can get a loan of up to 98% of the on-road price of the bike. The loan amount starts from ₹20,000.

Affordable Interest Rate

While the exact interest rate levied is dependent upon multiple factors such as your income, CIBIL score, etc., Bajaj Auto Credit offers bike loans at really affordable interest rates ranging from Read More 6.65% p.a. to 13.50% p.a. Read Less

Flexible Repayment Tenure

You can choose the repayment tenure of your choice as per your convenience. Bajaj Auto Credit Bike Loan allows you to repay the loan amount over a period of up to 72 months.

Minimal Documentation

Bajaj Auto Credit requires only some basic documents like the standard KYC documents (id proof and address proof) and a proof of income (salary slips/income tax returns) before sanctioning you a Ba Read Morejaj Auto Credit Bike Loan. Read Less

Eligibility Criteria & Documents Required

You need to fulfil the following eligibility criteria in order to get a Bajaj Auto Credit Two-wheeler Loan:

Your age must be between 21 and 65 years
You must be a resident of the city in which you are applying for the loan for at least the past year. Relevant evidence must be submitted for the same.

If salaried, you should be employed with a reputable firm for at least 3 years. Meanwhile, if self-employed, you must provide proof of successful and profitable business operations over the past 2 years.
You must have a CIBIL score of 750 or more
You must possess all of the standard KYC-related documents, income proofs and a mobile number

You need to furnish the following documents in order to be eligible for a Bajaj Auto Finance Two-wheeler Loan:

ID Proof: Any one of the following
- Aadhaar card
- Voter ID
- PAN card
- Passport, etc.
Address Proof: Any one of the following
- Voter ID
- Aadhaar card
- Driving licence
- Passport
- Utility bills
- Rent agreement, etc.
Income Proof:
- For salaried applicants: Last 3 months’ salary slips or Form 16
- For self-employed applicants: Income Tax Return (ITR) Certificate

How to Apply for Bajaj Auto Finance Two-wheeler Loan Online?

Applying for a Bajaj Auto Credit Bike Loan through Bajaj Markets is simple and hassle-free. All you need to do is follow the below-mentioned steps and you can easily get a Bajaj Auto Credit Bike Loan:

Select the ‘CHECK OFFER’ option provided on this page
Verify yourself by entering your mobile number and date of birth
Now enter all the required information in the online application form, including the bike’s make and model
Provide the required documents to complete the application process

Once the application process is completed, it may take up to 24 hours for the application to be verified. Following this, a representative of Bajaj Auto Credit will contact you to further process your loan application.

Why Choose Bajaj Markets for Bajaj Auto Credit Two-wheeler Loan

Here are some compelling reasons why you should consider getting a Bajaj Auto Credit Two-wheeler Loan through Bajaj Markets:

Easy Application

If you choose Bajaj Markets to apply for a Bajaj Auto Credit Bike Loan, the application process would be easy and hassle-free, plus your loan would be processed with minimal documentation

Swift Approval and Disbursal

Your loan is approved within 24 hours of application (post document verification) and the amount is also credited to your bank account without much delay

Add-on Benefits

You also get many add-on benefits and privileges if you apply for your Bajaj Auto Credit Two-wheeler Loan on Bajaj Markets. For example, you get an insurance cover to protect your liability and a credit report if you apply for a bike loan through Bajaj Markets.

Other Fees & Charges of Bajaj Auto Credit Two-wheeler Loan

Here are some additional fees and charges you should know about before opting for this loan:

Types of Charges	Details
Documentation Charges	Up to ₹3,000
Cash Handling Charges (If repayment mode is Cash)	Up to ₹1,500
Bounce Charge / EMI default charge	₹450
Penal Charge	₹6 per day per instalment from the due date until the due amount is paid
Stamp Duty	As per regulations of the state government
SOA Charges	NIL
Duplicate (Physical) NOC Charges	₹500
Repossession Charges	₹5,000
Repayment mode Change Charges	₹590
Hypothecation Charge	Up to ₹200
Mandate registration Charge (Physical Mandate)	₹118
Loan Cancellation Charges	₹1,000
Late Payment Fee	₹350

*Disclaimer: The mentioned are subject to change at the lender’s discretion.

Bajaj Auto Credit Two-wheeler Loan Customer Care Details

You can contact Bajaj Auto Credit customer care through any of the following channels:

Missed Call Number: 97177 52222
App: My BAFL Mobile App
E-mail ID: bflcustomercare@bflaf.com
Address: Bajaj Finance Ltd, Yamuna Nagar Gate, Old Mumbai Pune Highway, Akurdi, Pune - 411 035

Disclaimer

Reference of all T&C necessarily refers to the terms of the Partners as regards to pre-approved offers and loan processing time amongst other conditions.