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IndusInd Bank Two Wheeler Loan

 4.5 / 5.0   by 251 users
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Two Wheeler Loan
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About IndusInd Bank:

One of the new-generation private financial institutions in India, IndusInd Bank was established in the year 1994. Established with a capital of Rs.1 billion, IndusInd bank now boasts of over 745 branches in 392 location across the country. IndusInd bank offers a wide array of services including loans, accounts and deposits for a diverse range of customers including corporates, NRIs, Government and individuals.

IndusInd Bank bike loan is offered under the portfolio of loans for vehicles and MSME financial services. A customer can purchase machinery and plant required for business and also a vehicle for commercial usage including a two-wheeler.

Also Read: Two Wheeler Insurance.

Features and Benefits of IndusInd Bank Two Wheeler Loan:

IndusInd Two-wheeler loan come with the following benefits that makes it one of the best loan products in the market.

  • With IndusInd two-wheeler loan, the customer can purchase motorcycles of any brand and make.
  • IndusInd ensures hassle-free documentation and easy loan processing when it comes to two-wheeler loans.
  • Customers can be guaranteed of complete transparency and no hidden costs.
  • Fast track loan processing is also available for the benefit of customers.
  • Borrowers can choose a suitable repayment option with tenures spread from 12 to 60 months and tailor made repayment schemes for customers.

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Eligibility and Documentation for IndusInd Bank Bike Loan

  • IndusInd bank two-wheeler loans are offered to customers over 18 years of age. This loan is offered to individuals, businesses and MSME’s.
  • The documentation required will vary depending on the nature of employment and source of income of the applicant. Have required like ID proof, address proof and proof of income ready to speed-up the two-wheeler loan application process.

IndusInd Bank Two Wheeler Loan Interest Rates:

Loan Scheme Interest Rate Range
Min Max Mean
Two Wheeler Loan 21% 29% 24%
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IndusInd Bank Two Wheeler Loan Reviews

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  • review Two Wheeler Loan
    "Need overall improvement"
    INDUSIND BANK LTD
    0.5 2.0/5 "Expected more"
    I don't like this Indusind credit card, the response is not upto the mark I couldn't reach them for any queries. I am using this credit card more than 2 years so far I didn't get any benefits from their end interms of limit or offers, they focus on the beneficial part.
    Was this review helpful? 1
    , navi mumbai
    Reviewed on Sep 05, 2019
  • review
    review Two Wheeler Loan
    "Customer support is not good in indusind bank "
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    Bought my two wheeler loan from Indusind bank. 1 year ago, i got this loan. Total bike amount is Rs. 1.80 lakhs and i have made a down payment of Rs. 80000 balance amount converted into EMI. I paid the EMI amount of Rs. 10500 for the tenure period of 11 months. Within a week, they have sanctioned the loan. I was asking about the repayment schedule but they haven't responded well.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Aug 26, 2019
  • review Two Wheeler Loan
    "Average"
    INDUSIND BANK LTD
    0.5 3.0/5 "Satisfactory"
    I am working in Honda Showroom so have chosen Indusind Bank Ltd because of lesser down payment and the interest rate. I have purchased Honda Activa and made a payment of 10,000rupees. There is no processing fee because am a honda dealer. They should improve the service.
    Was this review helpful? 1
    , bangalore
    Reviewed on Aug 22, 2019
  • review Two Wheeler Loan
    "Better Loan "
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    I had a credit score problem in that time no one were ready to give the loan hence Indusind bank provided me a two wheeler loan to me. I have taken the loan amount of Rs.48000 for the activa bike. Before 3 years i bought the loan. I paid the dues on time. I have made a down payment of Rs. 15000
    Was this review helpful? 1
    , madurai
    Reviewed on Aug 22, 2019
  • review Two Wheeler Loan
    "Hassle Free"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    Before 1.5 year I took two wheeler loan from Indusind, the loan experience was hassle free. I took the loan and I paid all the emi so soon it got completed. They sanctioned 50% of loan remaining amount I paid as a down payment, the interest rate is nominal with them.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Aug 03, 2019
  • review Two Wheeler Loan
    "Good "
    INDUSIND BANK LTD
    0.5 4.5/5 "Excellent!"
    I have taken two wheeler loan in Indusind bank more than 2 years ago. The loan amount which was given was sufficient for the tenure of 23 months. The rate of interest and processing fee are nominal. So far I have not face any issue. On previous month I closed the loan and took delay to receive NOC letter.
    Was this review helpful? 2
    , hyderabad
    Reviewed on Jul 30, 2019
  • review Two Wheeler Loan
    "Good Service"
    INDUSIND BANK LTD
    0.5 3.0/5 "Satisfactory"
    I have taken Two Wheeler Loan directly through Indusind Bank .I had an issues with digial signature so paid the loan amount through cash .I have applied for the loan amount of Rs.30,000 for the tenure of 1.5 years,I have applied for the vehicle of Hero Honda Placer .The rate of interest and the processing fee was nominal .
    Was this review helpful? 4
    , ahmedabad
    Reviewed on Jul 25, 2019
  • review Two Wheeler Loan
    "Average"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I have purchased a Splendor Pro with the help of Indusind Bank Ltd before 3 years ago and it was completed. The interest rate is reasonable for the vehicle loan too and I did not remember about the processing fee. They did not provide me a NOC from last year and don't know where to get this letter but they are supposed to provide NOC later my loan got closed.
    Was this review helpful? 3
    , hyderabad
    Reviewed on Jul 25, 2019
  • review Two Wheeler Loan
    "Hassle free"
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    First time I took two wheeler loan for purchasing honda twister bike. The loan amount was Rs. 50,000 for two years of duration. Now its been five years I closed the loan, I went to the showroom and done the documentation within one week it got approved.
    Was this review helpful? 4
    , chennai
    Reviewed on Jul 25, 2019
  • review Two Wheeler Loan
    "Quick Loan Experience"
    INDUSIND BANK LTD
    0.5 4.5/5 "Excellent!"
    I already have an experience with Indusind, hence I took two wheeler from same bank around Rs. 1.5 lakh to purchase Royal Enfield thunder bird x bike for the duration of four years. They gave me lower interest around 14% per annum, I got the loan amount on time.
    Was this review helpful? 4
    , chennai
    Reviewed on Jul 25, 2019
  • review Two Wheeler Loan
    "GOOD"
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    I have closed the on 2013, the documentation process was simple and i got the loan amount quickly with INDUSIND BANK LTD. The rate of interest was nominal. The duration for repaying was 2 years. The customer support is good and responsive.
    Was this review helpful? 2
    , kolkata
    Reviewed on Jul 20, 2019
  • review Two Wheeler Loan
    "Excellent "
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I have selected indusind bank credit card took bike model activata cost bike Rs 65,000 which i have paid down payment Rs 12,000, EMI Rs 1500, Rate of interest is normal.while documents submitted executive in show room itself.customer service is good
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jul 20, 2019
  • review Two Wheeler Loan
    "Good service"
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    I have been holding two wheeler loan with Indusind bank for an while, the loan amount which they have given to me was sufficient, they have given me as per my requirement,they have charged me interest rate that too was nominal, the loan amount they have given to me up to 1,50,000 , i have taken yamaha bike more 5 months to get complete this loan.
    Was this review helpful? 3
    , thane
    Reviewed on Jul 10, 2019
  • review Two Wheeler Loan
    "Excellent service"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I had previously holding two wheeler loan with Indusind bank , the loan amount was sufficient they have given me as per the requirement, the rate of interest they have charged me was nominal, they have charged me that time was up to 10.5 % approximately, now i have successfully closed this loan.
    Was this review helpful? 1
    , aurangabad
    Reviewed on Jul 10, 2019
  • review Two Wheeler Loan
    "Good service"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I had applied for a two wheeleer loan with INDUISND Bank and my aplication was taken care. My appllication was processed on time and it was approved in two days. The interset rates were good i have taken a two wheeler loan from INDUISND. There was a processing fees on my loan. I have taken bullet .
    Was this review helpful? 1
    , chandigarh
    Reviewed on Jul 09, 2019
  • review Two Wheeler Loan
    "Good Loan services"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I have taken my two wheeler loan from Indusind bank. When i purchase the bike, i do not have any bank account hence dealer had a tie up with indusind bank and they were ready to provide the loan for me. I took the loan amount of Rs. 55K and the interest rate was is convenient one. I made the down payment of Rs. 20000 and i pay the EMI of Rs. 3500 for 24 months.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jul 06, 2019
  • review Two Wheeler Loan
    "Excellent service"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I have been holding Indusind bank two wheeler long back, the loan amount which they have given to me is sufficient, it was as per my requirement, the rate of interest they have charged me was nominal, so far i did not face any issue, I have successfully closed this loan.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jun 30, 2019
  • review Two Wheeler Loan
    "Super loan service"
    INDUSIND BANK LTD
    0.5 4.0/5 "Great!"
    My two wheeler loan was taken from Indusind bank. I have bought a bike for my brother. For other bank they said, the loan holder name and the bike owner's name should be same but in indusind bank they don;t ask like this. I purchased the loan amount of Rs. 40000 and i got the loan 2 years back. Once my two wheeler loan is over, they have offered me a personal also.
    Was this review helpful? 0
    , chennai
    Reviewed on Jun 29, 2019
  • review Two Wheeler Loan
    "Excellent service"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I have been taken two wheeler loan with Indusind bank, the loan amount was sufficient it was taken as per my requirement, i got this loan through showroom, the rate of interest they have charged me was nominal, their processing fee was nominal, Still this loan is running.
    Was this review helpful? 0
    , ahmedabad
    Reviewed on Jun 29, 2019
  • review Two Wheeler Loan
    "Best service"
    INDUSIND BANK LTD
    0.5 5.0/5 "Blown Away!"
    I had selected the INDUSIND BANK CREDIT CARD since i was looking for a life time free card. The process in getting the card was good but the verification process was a little more. The credit limit with the card is good and there is good benefits like recently i had made a purchase and i had got an instant cash back.
    Was this review helpful? 0
    , agartala
    Reviewed on Jun 23, 2019
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