Muthoot Capital Two Wheeler Loan offers you a flexible repayment plan and a wide range of tenure. The loan tenure ranges between 1 month and 20 months. You can calculate the entire expense through the online EMI Calculator.

A two-wheeler loan is a smart way to purchase your dream bike. However, a few people believe in buying it through savings, but spending your entire savings in one go is not advisable. You must keep a significant amount with you to cover unforeseen expenses. The two-wheeler loan will allow you to pay in easy instalments, reducing the financial burden.

Through following the simple steps and submitting a few necessary documents, your application will go for approval. If you meet the eligibility criteria, you will be notified of the approval within minutes, and the amount will be disbursed within 24 working hours.

Getting a Two Wheeler Loan Online has become so convenient with digital expansion. You do not need to stand in a long queue or wait for months for the approval of the loan. You can visit the official website of Muthoot Capital and apply for an instant two-wheeler loan within minutes.

Muthoot Capital has mentioned certain eligibility criteria on their website. You need to meet those requirements. An applicant should be at least 18 years of age (at the time of the application) or more than 65 (at the end of the tenure). Your annual income should be at least 96,000 per annum. If you own a business and buy the bike against that, the annual profit should be at least Rs. 1,20,000.

Yes. Students can apply for a special two-wheeler loan in Hyderabad by submitting their ID proof. However, you will need a co-applicant who meets our two-wheeler loan eligibility criteria to sign this loan

The common two-wheeler loan repayment process is to pay back your loan principal with applicable interest rates at equated monthly instalments. Using Muthoot Capital’s two-wheeler loan EMI calculator, you can calculate your affordable EMI for comfortable repayment. It will help you determine an EMI and tenure that suits your budget.

Here are the documents you require when you buy a bike on EMI. ID proofs – Aadhaar, voter Id, passport or a driving license.

Yes, income proofs are one of the documentation requirements for a bike loan to avail best offers, however, it is not mandatory. You will have to submit your bank statements and payslips as income proofs to avail a bike loan.

The benefits of a two-wheeler loan include fast loan approval, nominal two-wheeler loan fees and charges, interest rates starting from 0.99%, up to 100% of the bike’s on-road price as the loan amount, hassle-free documentation and access to special schemes.

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