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Two Wheeler Loan EMI Calculator

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Before choosing a specific lender, it's paramount to understand the product and its financials to make sure we select the most appropriate terms. With the advent of online banking, making financial decisions has not only become easier, but also banking as a process has become extremely transparent and simple. For the enhanced convenience of customers, leading insurance providers, banks and third-party financial websites offer a dynamic tool on their portal called the loan EMI calculator. The tool available on this website offers the most comprehensive assistance with regard to the monetary aspects involved in two-wheeler loan.

What is Two Wheeler Loan EMI Calculator?

A two-wheeler loan EMI calculator is an online tool designed to calculate the EMI amount payable towards clearing the loan. You need to simply fill the financial details to get the required information. Once you enter all these details correctly, you can see the auto-computed EMI amount.

In addition to the EMI amount, you get a bunch of additional information to aid your quest to choose the most suitable terms. Once you know the amount of EMI you have to pay every month, you can plan your monthly budget accordingly.

Two-Wheeler Loan EMIs Per Rs.25,000 for Top Banks in India

In the table given below, we can see the lowest two-wheeler interest rates and the lowest EMIs of top banks in the country that provide two-wheeler loans. We will be assuming that a processing fee of 2% will be charged on these loans. The processing fee can change from lender to lender. We have also assumed that the maximum tenure for these loans ranges from 2 to 5 years. This can differ from lender to lender. Let us also presume that the applicant is not interested in prepaying the loan.

Name of bank Lowest EMI (in Rs.) Lowest rate of interest (p.a.) Maximum tenure
State Bank of India (SBI) 551 11.60% 5 years
HDFC Bank 514 8.61% 5 years
Punjab National Bank (PNB) 829 11.90% 3 years
Andhra Bank 535 10.35% 5 years
UCO Bank 554 11.85% 5 years
Allahabad Bank 552 11.70% 5 years
Oriental Bank of Commerce 809 10.20% 3 years
Bank of India 518 8.90% 5 years
Lakshmi Vilas Bank 559 12.25% 5 years
Nainital Bank 1,143 9.05% 2 years
City Union Bank 588 14.50% 5 years
Corporation Bank 559 12.25% 5 years
Saurashtra Gramin Bank 595 15% 5 years
Syndicate Bank 538 10.55% 5 years
Punjab & Sind Bank 536 10.40% 5 years
Central Bank of India 515 8.70% 5 years
In the table given above, we have not included processing fee and prepayment fee for the computation. Results can vary when different amounts are used in the tool.

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Two Wheeler Loan EMI Amortization Table:

The most visible use of this tool is the amortization table which provides month wise breakup of principal and interest charges that go into calculating the EMI amount.

How does Two-Wheeler Loan EMI Calculator work?

The BankBazaar web portal has a user-friendly loan EMI calculator that will assist you in understanding the EMIs for buying a bike with a loan. It is always recommended to know your exact EMI amount before you actually apply for a loan. This will ensure that you have a smooth borrowing process without any financial struggles. You will be able to choose the right loan amount as per your repayment ability and the interest rate.

  • First, you will have to open the tool on the website by clicking on the drop-down menu and selecting 'Finance Tools’. Here, you will have to select EMI calculator.
  • Now, you will need to select the loan quantum or amount by simply dragging your cursor on the calculator.
  • Next, you will have to key in the interest rate in the correct field.
  • In the next field, you will have to select the tenure for repaying the loan.
  • Then, you will need to key in the rate of interest charged by your lender.
  • Next, you will have to give your processing fee information by dragging the cursor.
  • Then, you will have to specify regarding prepayments. If you plan to prepay the loan anytime, you will have to choose 'Yes’. You will also need to give exact prepayment information such as prepayment fee, prepayment frequency, and prepayment amount.
  • If you are sure you wouldn't want to repay, you can select 'No'. Finally, you can now click 'Calculate’.

Within a few seconds, you will be able to see the EMI amount. You can enter different details and get different results. You can then compare multiple results and then make a final decision regarding your loan. Under this EMI calculator, you will also get proper information about your amortization.

Example: Let us now take a look at a simple example to comprehend how the BankBazaar two-wheeler loan EMI calculator works. We will assume that the rate of interest for a particular two-wheeler loan is 11.10% with a processing fee of 2%, which cannot be refunded and which will be taken for the entire two-wheeler loan amount. Let us also assume that the borrower does not want to make any prepayments. The table given below shows the various EMI amounts for multiple loan amounts and tenures:

Loan amount (Rs.) Interest rate (Mean) Processing Fee (Rs.) EMI for 2 years (Rs.) EMI for 3 years (Rs.) EMI for 4 years (Rs.) EMI for 5 years (Rs.) EMI for 6 years (Rs.) EMI for 7 years (Rs.)
50,000 11.10% 2% 2,333 1,639 1,295 1,090 954 859
1 Lakh 11.10% 2% 4,665 3,279 2,589 2,179 1,909 1,718
2 Lakh 11.10% 2% 9,331 6,557 5,179 4,358 3,817 3,430
3 Lakh 11.10% 2% 3,817 9,836 7,768 6,538 5,726 5,152
4 Lakh 11.10% 2% 18,662 13,114 10,358 8,717 7,634 6,870

In the table given above, we have not included processing fee and prepayment fee for the computation. Results can vary when different amounts are used in the tool.

Table to show EMI computation and amortization details with an illustration

Let us assume that you apply for a two-wheeler loan from a certain bank worth Rs.1 lakh for a period of 5 years at an interest rate of 11.20%. Let us also presume that the processing fee for the loan is 0% for the entire tenure. We will assume that you do not want to prepay your loan at any point in time. Then, your EMI will be Rs.2,137. We will now view the EMI breakup with the help of amortization details if you take a loan in March 2018:

Year Principal paid Interest paid Total of interest and principal paid Unsettled loan balance
March Rs.1,283 Rs.854 Rs.2,137 Rs.98,717
April Rs.1,294 Rs.843 Rs.2,137 Rs.97,423
May Rs.1,305 Rs.832 Rs.2,137 Rs.96,118
June Rs.1,316 Rs.821 Rs.2,137 Rs.94,802
July Rs.1,327 Rs.810 Rs.2,137 Rs.93,475
August Rs.1,339 Rs.798 Rs.2,137 Rs.92,137
September Rs.1,350 Rs.787 Rs.2,137 Rs.90,787
October Rs.1,362 Rs.775 Rs.2,137 Rs.89,425
November Rs.1,373 Rs.764 Rs.2,137 Rs.88,052
December Rs.1,385 Rs.752 Rs.2,137 Rs.86,667

In the table given above, we have not included processing fee and prepayment fee for the computation. Results can vary when different amounts are used in the tool.

Advantages of Using Bike Loan EMI Calculator:

The benefits of using an EMI calculator are plenty. Let's explore some of the most prominent ones.

Helps in knowing the EMI value:

The primary use of this tool is to know the precise amount you will be paying every month. Getting the numbers beforehand helps in sorting your monthly budget. It eliminates the need for manual calculations and ensures accurate results.

Aids in choosing the term:

Once you have a definite EMI amount, it becomes a lot easier to choose the tenure of the loan. If you feel the value is a burden on your wallet, a higher tenure will do the trick by proportionately bringing down the value.

Helps in comparison:

If you’ve been offered loan from two or more banks for the motorcycle purchase, using this tool to compare the costs involved will do the trick by helping you choose the most suitable loan offer. Get the quote, use the calculator and jot down the outcome to compare on specific parameters.

Helps in negotiating:

Once you’re armed with the basics of the financials involved, it helps in negotiating key terms of the two-wheeler loan with the bank. Components such as rate of interest, processing fee and others can be easily negotiated after establishing the ground.

Provides a break up of costs:

This free-to-use tool not only provides the EMI value but also offers useful information such as the breakup of the charges involved in the loan such as interest and processing fee.

Why Should One Utilise a Two-Wheeler Loan EMI Calculator?

Two-wheeler loan EMI calculators are very beneficial as they help one in planning their loan expenses extensively. A two-wheeler loan EMI calculator is a user-friendly online tool that can be utilized by anybody without any specialized knowledge.

Let us take a look some of the important reasons for using a bike loan EMI calculator:

  • You can decide your loan amount and tenure by knowing your exact loan EMI amounts with the help of the calculator.
  • With the help of a loan EMI calculator, you can check out the amortization details. You can see how much you will spend on your principal amount and how you much will spend on your interest. You will be able to see the exact distribution of your loan payment.
  • You can key in different interest rates charged by various lenders. This way, you will be able to understand your loan expenses when you choose a particular lender. You can compare different EMI results for several loan amounts, tenures, and interest rates. After making the comparison, you can select your lender.
  • You will also be able to learn the fundamental elements of your two-wheeler loan. You will know how much you are spending on buying your dream bike. With detailed knowledge, you may also be able to negotiate well and get a good loan deal.

Getting a two-wheeler can be an exciting experience. Understanding the product and the monetary components helps you in signing up for the right two-wheeler loan and enjoy the best of your new motorcycle.

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News about Two Wheeler Loan EMI Calculator

  • Anand Mahindra Tweets About Resurrection of Jawa Motorcycles

    As part of its venture into the premium two-wheeler segment, Mahindra & Mahindra acquired the BSA and JAWA brands in 2016 while the deal was finalised through its subsidiary - Classic Legends Private Limited (CLPL). Recently, Anand Mahindra - the chairman of the Mahindra Group - has tweeted about an imminent resurrection of the JAWA motorcycles in the Indian market. While Mahindra & Mahindra intends to primarily focus on the premium segment through this venture, the JAWA bikes are expected to be retailed through the exclusive dealership network of the JAWA brand in the country and are likely to make their way to the Indian market by 2019. As per an earlier report, these bikes will feature the 300cc engine platform of Mahindra Mojo and will draw power from the same. However, the engine might be tuned in a slightly different manner to suit the characteristics of the JAWA bike. However, this is yet to be confirmed by the company.

    Recently, JAWA Motorcycles introduced the 350 Special cafe racer for the European markets. While the company has a cult following in India and enthusiasts are eagerly waiting for the bikes to be released, the latest tweet from Anand Mahindra teases fans assuring a launch in the near future.

    13 July 2018

  • Launch of electric bikes from Yamaha

    Yamaha has replaced some of its traditional bike models with electric bikes. The launch of the TY-E electric trial bike was to take advantage of the unique features of electric vehicles for motorcycle trials.

    The bike from Yamaha has a high-power motor that produces great off-road performance. The acceleration and torque generated are highlights of the bike. The motorcycle also has a carbon fibre monocoque frame and is lightweight. The power unit of the vehicle has a mechanical clutch that provides great control and instantaneous power.

    11 July 2018

  • Honda reveals 2018 Honda PCX125 bike with power and styling update

    Honda, leading two-wheeler manufacturer, recently displayed the brand new version of its 2018 Honda PCX125. The 2018 updated version of this bike comes with more practicality, a cooler style, and a better motor. The user of this bike can enjoy LED lights and an updated instrument cluster. It comes with an odometer, a fuel gauge, Idling Stop indicator, a liquid container, 12V AC adaptor, and an extended lid. The list of accessories that come with this enhanced version of the bike include top box carrier, windshield, and heated grips.

    10 April 2018

  • New Royal Enfield Motorcycles to Get ABS or CBS Systems

    The Government of India has mandated that all two-wheelers hitting the roads of the country should be equipped with the Anti-Lock Braking System (ABS) or Combined Braking System (CBS). In line with this instruction, Royal Enfield has planned to upgrade all its motorcycle range starting with the Bullet 350, Bullet 500, and Bullet ES. While the Bullet range is the first range of products by Royal Enfield to get ABS systems, the Himalayan and Thunderbird ranges will soon follow as well. The latest variant of the bike is expected to launch in the first week of April. While the bikes might witness a rise in prices of Rs.10,000 to. Rs.12,0000, the Royal Enfield Bullet 500 will be powered by a 499cc, air-cooled, single-cylinder engine. On the other hand, the Bullet Electra and Bullet 350 will feature a 346cc, 4-stroke, single-cylinder engine.

    2 April 2018

  • TVS Motor plans to end fiscal with an increase of 25% with sales of its Apache bikes

    TVS Motor, prominent two-wheeler manufacturer, recently declared that it is anticipating to witness a sale of 500,000 units with sales of Apache motorcycles. This indicates that the company intends to achieve a growth of 25% in its volume sales by the time this fiscal ends. The chief executive officer of the company stated that the Apache series bikes are getting very popular across the entire globe. TVS Motor engages in exporting around 8,000 Apache bike units to other nations and sells about 33,000 units domestically.

    19 March 2018

  • Sales of two-wheelers in India increase by 26.33%

    The two-wheeler industry of India has displayed excellent year-on-year (YoY) growth in the month of February 2018. Honda Motorcycle & Scooter India (HMSI) and Hero MotoCorp are the two leading two-wheeler makers that have achieved great volumes last month. The overall sales of Hero MotoCorp was 629,597 units for the last month. Some of the bikes sold by this company include Passion XPro, 110cc Passion Pro, and 125cc Super Splendor. On the other hand, HMSI or Honda attained sales of 489,591 units last month. TVS Motor Company, another leading company, made sales worth 230,353 units.

    7 March 2018

  • Three New Bikes Launched by UM Motorcycles at 2018 Auto Expo

    UM Motorcycles has showcased 3 new motorcycles at the 2018 Auto Expo held in Greater Noida - Renegade Thor, Renegade Duty S, and Renegade Duty Ace. Renegade Thor - the world’s first geared cruiser - produces a maximum power of 30 Kw at 8,000 rpm with a maximum torque of 70 Nm, and is priced at Rs.4.9 lakh. The motorcycle sports a 5-speed transmission coupled with a Li-Po battery that customers will be able to charge without any cost for the initial 2 years at UM dealerships.

    While the Renegade Duty Ace and Duty S are targeted towards the urban youth, the specifications of both the bikes are quite alike. Both the motorcycles feature single-cylinder, oil-cooled, 4-stroke, 223cc engines combined with 5-speed gearboxes and 10-litre fuel tanks to offer a mileage of 41 kmpl. The company has also announced that the 3 bikes will become customisable in future.

    12 February 2018

  • Last Date of Application Under Amma Two-Wheeler Subsidy Scheme Extended

    Since the introduction of the Amma two-wheeler subsidy scheme, the Transportation Department of Tamil Nadu has received approximately 91,200 women’s applications for driving or learner license, out of which 23,000 applications came from Chennai alone. According to the records, over 60% of the female applicants were working professionals between 18 and 30 years. Usually, the Regional Transport Offices (RTOs) of the state receive 1 lakh applications per month. However, the Tamil Nadu Transport Department has received the same number of applications in 6 days after the subsidy scheme was launched. Considering the popularity of the scheme, the Government has decided to postpone the last date of application submission for the Amma two-wheeler subsidy scheme till 10 February 2018.

    9 February 2018

  • Alternative Fuel and Electric Vehicles Are the Future of the Two-Wheeler Industry

    Looking at the demand for alternative and electric vehicles, two major two-wheeler manufacturing companies are set to introduce electric and flex-engine motorcycles. The flex-fuel or dual-fuel engines will be capable of running on 100% petrol as well as 100% ethanol. To this end, Nitin Gadkari - Minister of Road Transport and Highways in India - is currently urging manufacturers to increase the amount of ethanol production to meet the upcoming demand. Ethanol is a cost-effective and clean alternative to petrol or diesel, and can be easily manufactured using different kinds of produce such as wheat straw, rice straw, bamboo etc. Therefore, the Government of India is also working to introduce policies that will encourage the agriculture industries to diversify and produce ethanol. This will not only turn around the economy of the agriculture industry, but will also give rise to new industries. The minister also states that the transportation industry of India is gearing up to make a shift towards electric, ethanol, methanol, biodiesel, bio-CNG based vehicles. A number of companies are manufacturing lithium ion batteries while a fleet of 1,000 electric auto-rickshaws was launched in Gurgaon.

    1 February 2018

  • TVS Motor Company to Introduce 5 New Two-Wheelers at the 2018 Auto Expo

    TVS Motor Company is set to launch 5 new motorcycles and bikes at the upcoming Auto Expo in February 2018 - TVS Apache RR310 Race Edition, TVS Graphite, TVS Jupiter Electric, TVS Apache 160, and TVS Apache 180. The TVS Apache RR310 Race Edition is expected to sport cutting-edge engineering coupled with more aggressive looks. The TVS Apache 160 - a popular bike among the youngsters - is supposed to get an upgraded outlook while maintaining the engine specifications from the earlier model. On the other hand, TVS Apache 180 will get updates similar to the Apache RTR 160. While TVS Motor Company drives to take on the performance scooter models in the market such as Aprilia SR150 and Honda Dio with its TVS Graphite, the company plans to venture the e-mobility market with its flagship product - TVS Jupiter Electric.

    30 January 2018

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Customer Reviews

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  • HDFC Bank Two Wheeler Loan
    "Good Loan Service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    In HDFC bank, my two wheeler loan is going on and they are doing good service to the customer. When i bought the two wheeler, they have processed my loan quickly so that i got the loan with them and they have provided the loan in 3 days. So far i have not bounced any cheque and my payments will get deducted on time.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 22, 2020
  • HDFC Bank
    HDFC Bank Two Wheeler Loan
    "Best Service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have taken two wheeler loan directly through HDFC Bank. The vehicle name is bullet 350 classic . The rate of interest and the processing fee are nominal ,This loan got sanctioned on time without any drawbacks .I am paying the premium through EMI basis and no extra charges for if pay the premium on delay .
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jan 21, 2020
  • review Two Wheeler Loan
    "Good Loan Service"
    BAJAJ AUTO FINANCE
    0.5 4.5/5 "Excellent!"
    I have purchased the two wheeler loan from Bajaj Finance on 5 years back. Because I bought the bike from BAJAJ company hence they were ready to provide the loan. An interest rate was affordable for me. I have chosen the duration of 2 years to close the loan and I got NOC letter as well.
    Was this review helpful? 1
    , pune
    Reviewed on Jan 20, 2020
  • HDFC Bank Two Wheeler Loan
    "Customer service need to be improved"
    HDFC BANK
    0.5 4.5/5 "Excellent!"
    My salary account is in HDFC bank hence they gave me a offer for a two wheeler loan. I got the interest rate of only 11%. I bought the loan amount of Rs. 51000 and i done the down payment of Rs. 23000. It has another 9 months to close the loan from the total duration of 24 months. Connecting to the customer care itself, its a big issue.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 18, 2020
  • L&T Finance Two Wheeler Loan
    "Good service"
    L&T FINANCE LIMITED
    0.5 5.0/5 "Blown Away!"
    I have taken a two wheeler loan from L&T Finance. I got this offer through showroom. They have sanctioned the loan amount of 60K with tenure period of 2 years. Interest rate id nominal and there is no processing fee. The model which I bought is Activa 5G. I have not opted for pre closure. EMI use to pay of 3400 rupees. I had done down payment of 10K.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 18, 2020
  • HDFC Bank Two Wheeler Loan
    "Easy to avail the loan"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    The two wheeler loan is my first loan from HDFC and the loan was arranged from the showroom person from where i bought the bike. I paid the some down payment also. I bought the loan in the year of 2007 and i have completed within 2 years. I have got the NOC letter as well.
    Was this review helpful? 0
    , chennai
    Reviewed on Jan 18, 2020
  • HDFC Bank Two Wheeler Loan
    "Good service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have taken two wheeler loan directly through HDFC Bank.This was taken for Hero honda splendor plus .The rate of interest was nominal and there was no processing fee since working with HDFC Bank.I have availed this loan at that time since got the offers .I have closed this loan successfully .
    Was this review helpful? 0
    , new delhi
    Reviewed on Jan 17, 2020
  • HDFC Bank Two Wheeler Loan
    "Good service"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I have taken Two wheeler loan directly through HDFC bank.This loan is still active from the past 6 months .I am not sure about the rate of interest and the processing fee .The vehicle name was Honda Unicorn and this loan was sanctioned on time without any delay.I have taken the loan amount of Rs.82000 for the tenure of 3 years .I have paid 5% of the down payment also.
    Was this review helpful? 0
    , mumbai
    Reviewed on Jan 17, 2020
  • review Two Wheeler Loan
    "Good service"
    BAJAJ FINSERV
    0.5 4.0/5 "Great!"
    I have taken a Two wheeler loan from BAJAJ with the help of showroom executive, loan got processed with in 3 days. I bought Pulsar NS, on road price is above 1 L. I opted for loan amount 50K with 14% interest rate. I am paying the monthly EMI of Rs.3,160 for 2 years.
    Was this review helpful? 0
    , bangalore
    Reviewed on Jan 17, 2020
  • ICICI Two Wheeler Loan
    "Good bank to take two wheeler loan"
    ICICI BANK
    0.5 5.0/5 "Blown Away!"
    I have taken two wheeler loan from ICICI bank on 4 months back. Banker has offered for pre approved loan so no verification done. I was eligible of 2L but I had opted 1.88L with tenure period of 3 years. The bike model is Royal Enfield Classic 350. Rate of interest is nominal. There is no processing fee and I have not done any down payment. Pre closure is avail. EMI use to pay of 6K.
    Was this review helpful? 1
    , chennai
    Reviewed on Jan 16, 2020
  • review Two Wheeler Loan
    "Good Loan Service"
    BAJAJ AUTO FINANCE
    0.5 4.0/5 "Great!"
    In the year of 2016, i have taken the two wheeler loan from Bajaj Finance. From the showroom, they have provided this loan and already it got over by 2018. I have made the down payment of Rs. 40000 and i got the loan amount of Rs. 40000 so overall cost is 80K. I have no idea about the tenure period but i have paid the EMI amount of Rs. 2800 approximately. They gave me an interest rate of 16%.
    Was this review helpful? 0
    , hyderabad
    Reviewed on Jan 16, 2020
  • HDFC Bank Two Wheeler Loan
    "Good Loan Service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have approached the two wheeler loan between two different banks in that HDFC have completed the loan process in a faster way. I bought this loan 2 years ago and i have completed the same by last month actually this loan tenure period is 3 years but i have done a pre-closure and the charges are nominal. I got my NOC letter as well.
    Was this review helpful? 1
    , coimbatore
    Reviewed on Jan 16, 2020
  • L&T Finance Two Wheeler Loan
    "Easy loan approval"
    L&T FINANCE LIMITED
    0.5 4.0/5 "Great!"
    I have taken a two wheeler loan from L&T FINANCE and the loan amount was Rs. 40k and the tenure is for 24 months. I have made down payment which was Rs.28k and remaining was loan. I am paying EMI of Rs. 2400, right now i am going to complete this month. Documentation process was simple i given to the show room itself. Customer service speaking very rashly, need to be change that and the interest rate is nominal.
    Was this review helpful? 1
    , dindigul
    Reviewed on Jan 12, 2020
  • HDFC Bank Two Wheeler Loan
    "Very good & quick service"
    HDFC BANK
    0.5 5.0/5 "Blown Away!"
    I have purchased my bike(HONDA CBR) through HDFC two wheeler loan which was processed by bank executive. The loan amount was Rs.1,25,000. I paid the down payment of 75K and remaining was loan and i am paying Rs. 4600 every month, it ends June 22. I have taken a tenure of 3 years with normal interest rate. Customer service was very good.
    Was this review helpful? 1
    , mohali
    Reviewed on Jan 12, 2020
  • Hero fincorp Two Wheeler Loan
    "Excellent Service"
    HERO FINCORP LIMITED
    0.5 5.0/5 "Blown Away!"
    I have taken Two Wheeler Loan directly through Her Fincorp Limited ,The vehicle model was on th e year of 2007 ,The name of the vehicle was Hero HF Deluxe .The rate of interest and the processing fee was nominal and the loan got sanctioned on time .I have not faced any issues ,The agent shared all the required details about the loan process.
    Was this review helpful? 1
    , indore
    Reviewed on Jan 11, 2020
  • L&T Finance Two Wheeler Loan
    "Best Service"
    L&T FINANCE LIMITED
    0.5 5.0/5 "Blown Away!"
    I have takenTwo wheeler loan directly through L and T Finance Limited .The vehicle name was Classic Bullet and the rate of interest was medium and got this loan on proper time frame without any hassles.I have closed this loan successfully without any difficulties.There was no cheque bounce also ,i am satisfied with the service .
    Was this review helpful? 0
    , aurangabad
    Reviewed on Jan 11, 2020
  • review Two Wheeler Loan
    "Good service "
    CANARA BANK
    0.5 5.0/5 "Blown Away!"
    I have taken a two wheeler loan with CANARA BANK on last year. The loan amount of 72K which is good with tenure period of 3 years. The rate of interest of 9% and there is no processing fee. They have sanctioned the loan within 3 days. I use to get remainder message on time for EMI payment.
    Was this review helpful? 0
    , thiruvananthapuram
    Reviewed on Jan 10, 2020
  • HDFC Bank Two Wheeler Loan
    "Excellent Loan Service"
    HDFC BANK
    0.5 4.0/5 "Great!"
    I have taken two wheeler loan which was taken from HDFC bank. By showroom people offered the loan to this bank and the interest rate was also quite nominal which is 18%. Its 3 years tenure period loan hence I'm paying an EMI amount of Rs. 5,600 and the amount is automatically deducted from my account.
    Was this review helpful? 1
    , hyderabad
    Reviewed on Jan 09, 2020
  • HDFC Bank Two Wheeler Loan
    "Okay Loan Service"
    HDFC BANK
    0.5 2.0/5 "Expected more"
    I have taken two wheeler loan taken from HDFC bank. The showroom where I went to purchase the bike, they have provided me a loan from this bank. I made the down payment of Rs. 32,000 and I paid on monthly EMI amount of Rs. 3,400. I availed the loan for the tenure period of 2 years. They have sanctioned the loan immediately.
    Was this review helpful? 1
    , chennai
    Reviewed on Jan 09, 2020
  • Shriram City Two Wheeler Loan
    "Good "
    SHRIRAM CITY UNION FINANCE
    0.5 4.0/5 "Great!"
    I have taken two wheeler loan with SHRIRAM on two years back. Through showroom I have applied the loan. The amount was sufficient of 40K with tenure period of 1 year. The rate of interest was nominal. There is option of pre closure is applicable. EMI use to pay of 3166 rupees. They have sanctioned within 2 days. The bike model is TVS Jupiter.
    Was this review helpful? 1
    , bangalore
    Reviewed on Jan 09, 2020
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