HDFC Bank Two Wheeler Loan Key Features
|HDFC Two Wheeler Loan Interest Rate||11.83%* per annum|
|Min Loan Amount||₹ 10,000|
|Max Loan Amount
(Loan to Value)
|Loan up to 90% of On Road Price
or 100% of Ex-showroom Price
|Loan Tenure||1 year to 4 years|
|Lowest EMI / Lac||₹ 2.625|
|Minimum Net Monthly Income||Salaried – ₹ 8,000, Self Employed – ₹ 7,000|
|Age Criteria||21 years(At Application) to 65 years(At Loan Maturity)|
|Types of Vehicle||For All New Two-Wheelers (Bikes, Superbikes, etc.)|
|Processing Fee||Up to 3% of the Loan Amount.|
|Foreclosure Charges||3% – 10% Based on the time of foreclosure ( Foreclosure not allowed during the first 3 months)|
|Basic Documentation||ID Proof, Address Proof, Bank Statement.|
About HDFC Bank Two Wheeler Loan
HDFC Bank Two Wheeler Loan Eligibility
- The candidate should be at least 21 years old and the highest of 65 years of age to apply for a loan.
- If you already have an average monthly salary of Rs 7000 (salaried) and Rs 6000 (self-employed), you are eligible for an HDFC two Wheeler loan.
- Cibil Score seems to have a direct effect on your qualifications for the loan.
- If you have a strong Cibil score, you can easily get your loan approval.
HDFC Bank Two Wheeler Loan Interest Rate, Fees and Charges
|Interest Rate||Starts at 11.83% p.a.|
|Processing Fee||Up to 3% of the loan amount (maximum)|
|Prepayment Charges||From 3% to 10% of the outstanding principal|
|Pre-payment charges||Within 4 to 6 months – 10% of principal outstanding
Within 7 to 12 months – 6% of principal outstanding
13-24 months – 5% of principal outstanding
Post 24 months – 3% of principal outstanding
Prepayment is not allowed within three months of EMI repayment
Advantages of HDFC Bank Two Wheeler Loan
- Easy and trouble-free process
- Quick Disbursement of Loan Amount
- Fulfill your wishes by choosing the two-wheeler that you love.
- Appealing Interest Rate
- Convenient transaction and direct debit method.
HDFC Bank Two Wheeler Loan Documents Required
Individual wage earner:
|Category Documents||Documents Required|
|Identity Proof(Any 1)||Driving Licence
|Address Proof(Any 1)||Driving Licence
|Compulsory Documents||PAN Card|
|Bank Statement||Bank statement of the last 3 months|
2. Self-Employed Customers
|Identity Proof(Any 1)||Driving Licence
|Address Proof(Any 1)||Driving Licence
|Required Documents||PAN Card|
|Bank Statement||Bank statement of last 3 months|
HDFC Bank Two Wheeler Loan EMI Calculator
HDFC Bank Two Wheeler Loan Types
Two Wheeler mortgage –
If you want to purchase a two-wheeler and want to finance it, then HDFC would have the highest offer for you.
You will use this loan at a reasonable interest rate of 12%.
Super Bike Two Wheeler Loan –If you’re considering buying a Superbike and are looking for money, then this is the best offer available to you at an enticing interest rate of 11,83 per cent.
HDFC Bank Two Wheeler Loan Pre Calculated EMI
|Rate||4 yrs||3 yrs||2 yrs||1 yr|
How to Apply for HDFC Two Wheeler Loan
- Fill out the standard application form for two-wheeler loans
- Patiently hold for our Partnership Manager to call.
- Get customized assistance and select the most appropriate deal depending on your needs.
- Enjoy the Two Wheeler.
HDFC Bank Two Wheeler Loan for Top Selling Bikes
Other Available Products from HDFC Bank
|HDFC Personal Loan||HDFC Gold Loan||HDFC Home Loan|
|HDFC Credit Card||HDFC Car Loan||HDFC Education Loan|
FAQs for HDFC Bank Two Wheeler Loan
✅ What is HDFC Two Wheeler Loan?
Bike Loan EMI of HDFC Bank is a fixed sum that you pay every month towards the reimbursement of your bicycle credit till the finish of residency. The most minimal EMI offered by HDFC Bank is ₹ 273 for each ten thousand advance sum at least a bike credit loan fee of 14.03%.
✅ How can I get Two Wheeler Loan from HDFC Bank?
Check your credit qualification in only 5 minutes, get speedy endorsements, and discover your advance application status in only 15 minutes. You can profit from an HDFC Bank Two Wheeler Loan at any of more than 3000 branches across India.
✅ How does HDFC Two Wheeler Loan work?
Bike Loan EMI of HDFC Bank is a fixed sum that you pay every month towards the reimbursement of your bicycle advance till the finish of residency. Your EMI relies on the measure of credit you will obtain. Credit EMI will be high on the off chance that you apply for a high advance sum.
✅ What is the Two Wheeler Loan Interest Rate in HDFC?
|SuperBike Two Wheeler Loan||9.10% onwards|
|Two Wheeler Loan||10.45% onwards|
✅ How to check Two Wheeler Loan status in HDFC?
- Snap the connection -HDFC Loan Status Check.
- Enter either the Application Number or Reference Number.
- Enter either PAN no. or then again Mobile Number.
- Snap “Submit” to check the status.
✅ How to calculate Two Wheeler Loan Interest in HDFC?
You can calculate Two Wheeler Loan Interest in HDFC by clicking the link below:
✅ What is the maximum loan amount I can avail on Two Wheeler Loan from HDFC Bank?
- Intrigue Rates 14.03%
- Greatest Loan Amount Eligibility 85% of On Road Price
- Greatest Loan Tenure 4 years
- Most reduced EMI per Rs. Ten Thousand Loan Amount ₹ 273
- Preparing Fee 3% of Loan Amount with Minimum Rs. 600
- Prepayment Charges 3%-10%, after 3 EMIs
- Intrigue Calculation EMI on a month to month lessening balance
- Age Between 21 years and 65 years
✅ What is the loan tenure of HDFC Bank Two Wheeler Loan?
The loan tenure of HDFC Two-wheeler Loan is 4 years.
✅ Can I get 100% Two Wheeler Loan from HDFC Bank?
Most banks offer somewhere in the range of 70% to 90% of the bicycle an incentive as a credit. You may need to dish out the rest as an initial installment. HDFC Bank offers 100% funds on select models to existing record holders.
✅ How much Processing Fee is applicable on HDFC Two Wheeler Loan?
The processing fee in the HDFC two-wheeler loan is 3% of the loan amount with minimum Rs.600.
✅ What are the EMI options available on HDFC Bank Two Wheeler Loan?
Adaptable Repayment Tenure Decide whether you’d like your advance residency to be only a year, or four years, with our pocket-accommodating EMI reimbursement alternatives.
✅ What are the charges for Prepayment in HDFC Two Wheeler Loan?
HDFC Bank empowers an individual advance borrower to make a pre-conclusion or a pre-installment of advance. Be that as it may, you will have the option to prepay your HDFC individual credit simply following a year after you have acquired your advance and in the wake of paying 12 EMIs in addition to the dispossession charges that might be pertinent. On the off chance that you meet this prerequisite, you can reimburse your own advance before the first due date and close your credit early.
✅ Can I get a top-up loan on my existing HDFC Bank Two Wheeler Loan?
HDFC Bank offers you a top-up credit on your current vehicle advance regardless of whether you have taken a vehicle advance from another bank furnished you hold a ledger with them. Existing clients of HDFC Bank can either log in to their Netbanking records or visit an HDFC Bank ATM to benefit the top-up advance on their current vehicle advances.
✅ Do I need to provide a guarantor to avail a Two Wheeler Loan from HDFC Bank?
✅ How to get HDFC Two Wheeler Loan Statement?
You can get the framework produced Loan Account proclamation, for the equivalent, basically sign in to “Access My Loan Account” with your username and secret word. You can send your solicitation * through dispatch, Post, or Bearer to the closest/particular branch (* Please notice “Advance Account Statement” subtleties on the head of the wrap.)
✅ How to Pay HDFC Bank Two Wheeler Loan Interest Online?
- NEFT (Available 24 * 7)
- UPI (Instant Mobile Money Transfer)
- IMPS (Immediate Payment 24 * 7)
- RTGS (Real Time large payment on all working days)
- RemitNow (Foreign Outward Remittance)
- Remittance (International Money Transfers )
- Visa CardPay.
✅ What if I can’t pay the interest on HDFC Two Wheeler Loan for 3 months?
✅ How can I apply for EMI Moratorium on HDFC Two Wheeler Loan?
Coming up next are the various ways you can choose the HDFC Bank individual advance ban: Call the bank at 022-50042333 or 022-50042211 from your enrolled portable number or website Dialabank HDFC two-wheeler loan. Round out the advance ban structure on the official site of HDFC Bank to present your solicitation.
✅ What is the number for HDFC Two Wheeler Loan agent?
- HDFC Bank Customer Centre Number: 1800 258 3838
- Toll-Free Number (only for India) (8:00 a.m. to 8:00 p.m on all days).
✅ Can I close HDFC Two Wheeler Loan online?
Closing of any of your current credit is simple and one can do it visiting the physical branch or mentioning a pre-conclusion on the web.
✅ What is HDFC Two Wheeler Loan Customer Care Number?
HDFC two-wheeler 24/7 customer care number is 61606161
✅ How can I get NOC from HDFC Bank for Two Wheeler Loan?
In the wake of paying all the EMIs, approach your bank for a no protest endorsement (NOC). This archive will express that no levy is pending on the credit. The bank will send the NOC to you by post. HDFC Bank clients can likewise get the NOC on NetBanking.