Get a Muthoot Capital Two-wheeler Loan of up to ₹3 Lakhs on Bajaj Markets
Founded in 1994, Muthoot Capital Services Ltd., part of the Muthoot Pappachan Group, is a leading automobile finance company in India. It offers two-wheeler loans through Muthoot FinCorp's extensive branch network, empowering you to achieve your vehicle ownership goals easily.
The Muthoot Capital Two-wheeler Loan enables you to purchase a bike of your choice without making any down payment. Get an amount up to 100% of your bike’s on-road price with this loan, now available on Bajaj Markets. You can borrow up to ₹3 Lakhs and 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 |
2% to 4% + GST |
Late Payment Charges |
2% per month |
Loan Cancellation |
₹350 |
Rescheduling Charges |
₹750 |
NOC Charges |
|
Collection Charges |
₹450 |
Stamp Duty |
As levied by the state government |
*Disclaimer: The rates are subject to constant change at the lender’s discretion.
Meet the following criteria to be eligible for this bike loan:
You must be either a salaried or a self-employed individual
If salaried, you should have a salary of at least ₹96,000 per year
If self-employed, you must have a yearly income of at least ₹1.2 Lakhs
You should fall under the age bracket of 18 to 65 years
In addition to this, keep the following documents handy when applying for this loan:
Identity Proof: Any one of the following
Aadhaar card
Voter ID
Passport
Driving licence
Address Proof: Any one of the following
Aadhaar card
Voter ID
Passport
Driving licence
Ration card
Income Proof: Any one of the following
Bank statements
ITR filings
Salary slips
Form 16
Asset proof: Latest land, building, or house tax receipt
Recent passport-size photographs of the applicant
Secure amounts as high as ₹3 Lakhs and purchase a two-wheeler of your choice
Get up to 100% of the bike’s on-road price, and own the two-wheeler with zero down payment
Interest rates charged on these loans start at just 0.99% p.a.
Save on your borrowing costs with a low processing fee, ranging from 0% to 4% of the loan amount
Documentation is simpler and more convenient with the online application process
Close your loan before the end of the repayment tenure with this facility
Here is how you can apply for a Muthoot Capital Bike Loan on Bajaj Markets:
Click on the ‘CHECK OFFER’ option on this page
Provide your personal and bike-related details
Select ‘Muthoot Capital’ from the list of lenders
Compare the loan offers available and select the preferred one
Submit the application form
Following this, an executive will reach out to you for further proceedings.
In case of a grievance or query, reach out to Muthoot Capital’s customer service team through the following channels:
Address: 3rd Floor, Muthoot Towers, M.G. Road, Kochi - 682035
E-mail ID: mail@muthootcap.com
Phone Number: 0484 7119400 and 0484 6613450
WhatsApp Number: 7994990002
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.
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 2% and 4% may be charged on this loan offered by Muthoot Capital.
You can repay your Muthoot Capital Two-wheeler Loan over tenures ranging up to 4 years.
Muthoot Capital provides two options through which you can repay the loan. You can either make the payment through the official website of Muthoot Capital or their Instant Two-wheeler Loan EMI Payment App. This makes it easy for you to manage your loan easily by paying your EMIs anytime, anywhere.
No such requirement has been specified by Muthoot Capital Services. However, you may be asked to provide a guarantee as a self-employed applicant, depending on your loan eligibility. Reach out to the lender to learn more details about this requirement.
Here are some ways through which you you can reach out to Muthoot Capital’s customer service in case of any queries or grievances:
Address: 3rd Floor, Muthoot Towers, M.G. Road, Kochi - 682035
E-mail ID: mail@muthootcap.com
Phone Number: 0484-7119400, 0484-6613450
Yes you can get an estimate of the instalments payable on your loan by using a two-wheeler loan EMI calculator. Simply enter the loan amount, interest rate, and tenure to get instant results.
Here is a simple way to check the your Muthoot Capital Two-wheeler Loan statement:
Reach out to the lender through phone, email, or by visiting a branch
Provide your PAN card number and necessary documents for identity verification
Request details about the loan status, outstanding balance, EMIs, and repayment schedule linked to your PAN
You can apply for a Muthoot Capital Two-wheeler Loan through a digital process on Bajaj Markets.