Two Wheeler Loan

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Best Banks for Two Wheeler Loans -

HDFC Bank, ICICI Bank, SBI, Fullerton, Bajaj Finance

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INTEREST RATES ON TWO WHEELER LOANS IN INDIA

Bank Name Interest Rates Processing Fees Maximum Repayment Period
State Bank of India 18.10% 2% of loan amount 3 Years
HDFC Bank Two Wheeler: 20.90% - 24%
For Existing Customers of HDFC: 20.90% - 22.90%
2% of the loan amount, 1% for HDFC Account Holders 4 years
ICICI Bank 12.5% – 16.5% N.A 3 Years
PNB Bank 13.25% – 14.75% N.A 5 years
Bank of Baroda 14.25% 2% of loan amount 5 Years
Bank of India 14.25% N.A 5 years
Bajaj Finserv 27% – 30% 4% 2 Years
Bank of Maharashtra N.A Rs.500/- 5 Years