L&T Finance Two-wheeler Loan

Buy your dream bike with an L&T Finance Two-wheeler Loan available on Bajaj Markets

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

Apply for the L&T Finance Two-wheeler Loan on Bajaj Markets to easily secure the necessary funds for your bike purchase. You can repay the loan in up to 48 months or 4 years. Borrow up to 100% of your bike’s on-road value and make zero down payments with this loan. You also get to enjoy low processing fees, foreclosure charges, easy-to-meet eligibility requirements, and more.

L&T Finance Two-wheeler Loan Interest Rates and Charges

Here are the L&T Finance Bike Loan interest rates and other charges:

Interest rate	6.99% p.a. onwards
Processing Fee	1% to 4% of the loan amount
Part Prepayment Charges	Up to 5% of the prepaid amount + GST
Foreclosure Charges	5% of the outstanding principal amount + GST

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

L&T Finance Two-wheeler Loan EMI Calculator

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

Features and Benefits of an L&T Finance Two-wheeler Loan

Here are some of the key characteristics and advantages of the bike loan:

Competitive Rates

Get attractive rates starting from 6.99% p.a. and manage your repayment with ease

Zero Down payment

Avoid upfront payments by getting a L&T Finance Two-wheeler Loan for up to 100% of the bike’s value

Flexible Tenure

Choose a repayment period going up to 4 years and repay comfortably

Minimal Paperwork

Enjoy hassle-free loan application by submitting only a few basic documents

Accessibility

Apply for the loan easily and from anywhere with online services and digital application

Eligibility Criteria and Documents Required

To apply for this loan, you need to meet the following L&T Finance Two-wheeler Loan eligibility requirements:

You must be an Indian citizen
You must be between 18 and 65 years of age

Here is a list of documents you will have to when opting for a bike loan from L&T Finance:

PAN card
Aadhaar card
Proof of residence
Bank statements

Note that you may have to submit additional documents based on your application.

Other Fees & Charges of an L&T Finance Two-wheeler Loan

Here are some additional charges you may be required to pay when getting a two-wheeler loan from L&T Finance:

Types of Charges	Details
Late Payment Charge	2% of the overdue EMI amount per month + GST
Duplicate NOC Charges	₹250 + applicable taxes - post 3 free copies
Repayment Swap Charges	₹500 + applicable taxes
Charges for the following documents Statement of Account Foreclosure Letter Repayment Schedule Welcome Kit	Nil

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

How to Apply for an L&T Finance Two-wheeler Loan?

To apply for a bike loan from L&T Finance on Bajaj Markets, you need to follow these simple steps:

Click on the ‘CHECK OFFER’ button
Enter your mobile number and date of birth
Enter all the required information like personal and employment details, and the bike’s make and model
Choose from the offer/offers displayed based on your profile and eligibility
A representative will then get in touch with you for further processing

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.

Two Wheeler Loan Quick Links

Two Wheeler Loan Providers

Upcoming Bikes & Prices

How much interest is charged on a L&T Finance Two-wheeler Loan?

The L&T Finance Two-wheeler Loan interest rates start at 6.99% p.a.

Is age an eligibility factor to get a L&T Finance Two-wheeler Loan?

Yes, your age must be between 18 and 65 years to opt for a bike loan from L&T Finance.

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

The processing fee charged is up to 4% of the loan amount.

Does L&T Finance provide the option to foreclose your two-wheeler loan?

Yes. You can opt to foreclose your two-wheeler loan. However, you may be asked to pay a nominal charge for utilising this facility.

What is the maximum repayment tenure for an L&T Finance Two-wheeler Loan?

You can repay the loan over a flexible tenure of up to 48 months.

How long does it take for the L&T Finance Bike Loan to be processed?

Your L&T Finance Two-wheeler loan may be processed within minutes. Do note that the time taken depends on your loan eligibility and the completeness of your application.

Can I get a two-wheeler loan from L&T Finance without providing any proof of income?

No. You are usually required to submit your bank statements or some basic income proof to show your ability to repay the loan. This is subject to the lender’s policies and discretion. Reach out to L&T Finance for more details.