TVS Credit is a Non-Banking Financial Company (NBFC) that offers two-wheeler loans for consumers. It offers loans at lucrative rates of interest and is based on the discretion of the NBFC.
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Applicants can avail loans amounting to up to 95% of the on-road price of the vehicle. Loan repayment tenure goes up to 5 years. TVS Credit also offers quick loan approval and disbursal.
Category | Details |
Interest Rate | Contact the NBFC |
Maximum Loan Amount | Up to 95% of on-road price |
Minimum Loan Amount | Based on the discretion of the NBFC |
Repayment Period | Up to 5 years |
Processing Fee | Up to 10% of the loan amount |
Prepayment Charges | Up to 5% of the principal amount that is pending |
Compare with: Lowest two wheeler loan interest rate
Apply for a TVS Credit bike loan by following the steps given below:
The following are eligible for a two-wheeler loan from TVS Credit:
For Self-employed
For Salaried Employees
There are many unique features and benefits of TVS Credit bike loan. Some of the salient features are:
Having a clear idea of what your Equated Monthly Instalment (EMI) will be before you make the loan application will help you better plan and budget your finances. It will also ensure that you take a loan that you can pay back in a hassle-free and regular manner without any delays in payments.
It is very easy to know how much EMI you will have to pay on your TVS Credit two-wheeler loan. All you have to do is visit the official website of TVS Credit and navigate to the page for two-wheeler loans. There is an online free EMI calculator which is easy to use and displays the accurate and precise EMI you have to pay.
This two wheeler loan emi calculator makes it even easier for you to know the details of your loan because it gives you the price of the bike you want to buy according to the variant and state. All you have to do is select the bike variant and state you want to buy it from using the dropdown menu.
Also select the tenure that you wish to take. Using the slider, adjust your loan amount and interest rate. Also enter the amount of down-payment you will be able to afford. Click on the button for 'Calculate EMI'. Your EMI will now be displayed on the page.
Yes, you can apply for a TVS Credit two-wheeler loan online.
Yes, self-employed individuals can apply for a TVS Credit two-wheeler loan.
No charges are levied to use TVS Credit two-wheeler loan EMI calculator.
Yes, charges may be levied in case you foreclose the TVS Credit two-wheeler.
The maximum repayment tenure of the two-wheeler loan offered by TVS Credit is five years.
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