New Bike Loan

Dreaming of buying an electric bike but worried about its cost? With electric bike finance, you can bring home your dream EV two-wheeler with affordable EMIs, low interest rates, and flexible repayment options. Whether it is for daily commuting or for a sustainable lifestyle, financing an e-bike or e-scooter is now easier!

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Acceptance Criteria

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Age – 18 to 65 years.
Employment Status – Salaried or self-employed with a stable income.
Minimum Income Requirement?10,000/month (varies by lender).
Credit Score650+ preferred for better interest rates.
Valid ID & Address Proof – Must be an Indian resident with necessary KYC documents.
Dealer & Model Approval – The electric bike should be from an approved dealership.

Loan Amount Offer
100% Loan Amount – Get up to 100% financing on your electric bike’s on-road price.
Rate of Interest(%)
Low Interest Rates – Starting from 0% to 15% (varies by lender & borrower profile).
Tenure
Flexible Loan Tenure – Choose from 6 months to 5 years.
Documents Required for Loan

For Salaried Individuals

KYC Documents – Aadhaar, PAN, Voter ID, or Passport.
 Income Proof – Latest 3 months' salary slips.
 Bank Statements – Last 6 months' salary account statements.
Address Proof – Utility bill, rent agreement, or passport.

For Self-Employed Individuals

KYC Documents – Aadhaar, PAN, Voter ID, or Passport.
Business Proof – GST certificate, trade license, or business registration certificate.
Financial Documents – Last 2 years’ ITR, balance sheet, and profit & loss statement.
Bank Statements – Last 6-12 months' business account statements.

Golden Features and Benifits
  • 100% Loan Amount – Get up to 100% financing on your electric bike’s on-road price.
  • Low Interest Rates – Attractive rates starting from 0% (for select models & lenders).
  • Flexible Loan Tenure – Choose a repayment period from 6 months to 5 years.
  • Minimal Down Payment – Pay a low upfront amount and ride worry-free.
  • Instant Loan Approval – Quick processing with minimal paperwork.
  • Zero or Minimal Processing Fees – Many lenders offer zero or discounted processing charges.
  • No Collateral Required – Get a loan without pledging any assets.
  • Credit Score Friendly – Improves your CIBIL score with timely EMI payments.
  • Eco-Friendly Savings – Save on fuel costs while contributing to a cleaner environment.