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Apply for Two Wheeler Loan

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Get personal finance to purchase your very own two wheeler.

Our constant endeavour at IndusInd bank has been to grant you innovative and affordable products for financing your two-wheeler requirements.

Paper Free, Easy Online Application -The online application for a two wheeler loan from our portal grants you the freedom to apply for the loan as per your convenience.

Faster Loan Processing Policies – Our appraisal procedure for the application of a loan for two wheeler ensures prompt processing and vetting.

Speedy Disbursement of the Loan Amount –We make it a priority to arrange for quick disbursement of your two wheeler loan amount through our robust loan approval mechanism.

Loan Amount Eligibility Calculator – Now you can calculate your eligible loan amount all by yourself though our loan eligibility calculator online. We believe in transparency in both services and transactions.

Interest Rates – We offer you attractive interest rates and repayment options on your two wheeler vehicle loan. Moreover, even if you do not have an ongoing relationship with the bank, we offer our loan services based on your financial stability rather than any complex provisions and conditions.
The eligibility criteria for two wheeler loan at IndusInd bank, like all our products, are customer friendly. Two wheeler loan eligibility criteria for:

Salaried Employees:

  • Age Limit – Minimum 21 years at the time of application. You can serve the entire loan tenure up to a maximum of 60 years of age
  • Income Limit – Minimum income must be Rs. 10,000/- per month
  • Work Experience – A minimum of 3 years of total experience, and must have completed 1 year of service with the current employer immediately prior to application

Self-Employed:

  • Age Limit – Minimum 21 years at the time of application. You can serve the entire loan tenure up to a maximum of 62 years of age
  • Income Limit – A minimum net profit of Rs. 1,00,000/- per annum
  • Business Experience – A minimum of 5 years of total experience, and must have completed 2 years in the same business immediately prior to application
  • The maximum EMI amount should be 1/3rd of the total un-disposable income
  • Should be residing/working within 5 KM radius from the branch where the business is concluded
  • Should have a CIBIL score of above 650 and above. Should not be from a Negative or Caution profile
At IndusInd bank, the documentation for two wheeler loan applications balances statutory compliance without compromising customer comfort.

Documents for Salaried Employees:

  • Borrower Identity – 1 Passport size photo
  • Proof of Identity - Photocopy of any one of Driving License or Passport or Voters ID or Aadhaar Card or PAN Card. All photocopies are to be self-attested
  • Proof of Residence – Photocopy of any one of Driving License or Passport or Voters ID or Aadhaar Card. PAN card can only be used as Identity proof. All photocopies are to be self-attested
  • You will be requested to provide originals for one-time verification
  • Signature Verification – Signature verification certificate to be issued by your banker, for the account from which the EMIs are to be scheduled
  • Bank statement for 6 months immediately prior to date of application
  • Income Proof - Salary slips of 3 months immediately prior to the date of application

Documents For Self-Employed:

  • Borrower Identity – 1 Passport size photo
  • Proof of Identity - Photocopy of any one of Driving License or Passport or Voters ID or Aadhaar Card or PAN Card. All photocopies are to be self-attested
  • Proof of Residence – Photocopy of any one of Driving License or Passport or Voters ID or Aadhaar Card. PAN card can only be used as Identity proof. All photocopies are to be self-attested
  • You will be requested to provide originals for one-time verification
  • Signature Verification – Signature verification certificate to be issued by your banker, for the account from which the EMIs are to be scheduled
  • Bank statement for 6 months immediately prior to date of application
  • Income tax returns for 3 assessment years immediately prior to the date of application
  • Computation of income for the above assessment years

  • Apply for your two wheeler loan with IndusInd bank today. Visit your nearest branch or send us your application online.
For more information, click here