Super Bike Loan

Superbikes are becoming more common on Indian roads as youngsters rush to buy them in a bid to seek adventure. While some super bikes are imported into India, others are made in India itself. Regardless of their origin, most super bikes have exceptional features in terms of engine capacity and power and also design. These are sleek powerful machines that are also extremely expensive. 

However, it is now much more affordable to buy a superbike in India owing to the wide range of superbike financing options available in the market. You can avail a super bike two-wheeler loan.

It is important to understand the different factors involved in a loan, including the superbike loan interest rate, in order to pick the loan that best meets your requirements. If you are looking to understand the best superbike financing options available for you, read below. 

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

A super bike loan EMI calculator is a simple and effective tool which enables you to estimate your monthly instalments for a super bike two-wheeler loan. By entering details such as the loan amount, interest rate, and repayment tenure, you can quickly determine the EMI for your loan. This helps in planning your finances better and ensuring your dream superbike fits comfortably within your budget.

Before you set out to apply for a superbike loan, it is best to understand the eligibility criteria associated with getting superbike financing. Read on below to learn the eligibility criteria for borrowers wishing to avail a superbike two-wheeler loan.

The eligibility criteria for a two-wheeler loan varies from lender to lender. So, check the two-wheeler loan eligibility criteria set by your chosen provider before applying.

While the eligibility criteria for availing a superbike loan is quite flexible, there are some documents that you are mandatorily required to submit in order to avail the maximum loan amount for super premium bikes. Read on below to learn about the documents you are required to keep handy while applying for a super bike loan.

• Proof of Identity: This could be an Aadhaar card, passport, or voter’s ID for both salaried and self-employed individuals.

• Proof of Residence: For salaried individuals, this could be their passport or Aadhaar card or even utility bills. For self-employed individuals also, government-issued IDs like passport or Aadhaar card or utility bills will be sufficient.

• Proof of Income: This is where the documents required from salaried and self-employed individuals differ. Salaried individuals can submit IT returns, bank statements, or their latest salary slips as proof of income. Self-employed individuals are required to submit audited financial statements, IT returns, or bank account statements.

Read on below to learn about some of the popular superbike brands for which you can get super bike financing in India: 

• Ducati

• Harley Davidson

• Royal Enfield

• Benelli

• BMW

• Kawasaki

• Triumph

You can get a quick loan to buy a superbike from any of the brands mentioned above and more. However, make sure to discuss your eligibility for the loan with your lender.

Now that you know that there are several options available, hurry to get the best super bike loan. You can also apply for a two-wheeler loan at Bajaj Markets in easy steps and repay it over a flexible repayment tenure.