Why Should I Choose A Two Wheeler Loan?

You can apply for a two wheeler loan by clicking on Apply Now or visit a Muthoot Blue branch near you to initiate the loan. The loans for motorcycles come with many benefits.

  • It does not create a burden on you. You do not need a large amount to buy a bike. A Muthoot Capital two wheeler loan frees you to use the money in your bank for any other purpose like medical emergencies. You can pay the amount in small EMI’s over up to 5 years at a nominal interest rate.
  • Your credit score becomes healthy if you keep paying your EMIs on time. If you do not have a credit history it is the best way to do so.
  • Muthoot Capital Services Ltd. offers income-based, asset-based and non-income based finance options.

How can I avail two wheeler loans?

You can apply for a two wheeler loan online by clicking on the” Apply Now” icon on our site. Just fill the drop-down form, check your eligibility and make an estimate about the EMI you can afford. Our representative will call you to guide you through the process. Alternatively, you can drop in to any of our Muthoot Fincorp branches across the country or Call Us at 1800 102 1616 and apply for the best bike loan offline.

How Can I Remit Monthly Instalments for Two Wheeler Loan?

You can use our mPower App to make your repayments. You can consider NACH or the National Automated Clearing House to remit Monthly Instalments when opting for two wheeler finance. You can also download Muthoot Capital Services application from the Google Play Store and pay the EMI for the bike finance you opted through Net banking, UPI or debit cards as comfortable.

Do I need to visit Muthoot Fincorp branch to avail Bike and Scooter finance?

No, you do not need to visit a Muthoot Fincorp branch to avail Bike or Scooter finance. Just apply online by clicking on the “apply now “button. Fill the form and check your eligibility. The EMI calculator will help you reach a figure and tenure that allows you to pay the most suited EMI amount. Our representative will call you to guide you through the process of documentation for the bike or scooter loan.

How long will it take to get a Bike loan?

Getting a two wheeler vehicle loan is a hassle-free and seamless process. To get the best bike loan, you require to meet the eligibility criteria and fill the form. The process of approval is quick and the disbursal is done within a few days after the application is completed and documents submitted. You can own the bike of your dreams in a very short time.

What are the documents required for two wheeler?

Two wheeler finance requires easy documentation. The documents required for the best two wheeler loans are:

  • Address proof: Passport/ voter ID card/ Aadhaar card/ driving license/ utility bills/ Ration card/ LIC policy.
  • Identity proof: Passport/ Voter Id card/ PAN card/ Driving license/ Aadhaar card.
  • Income proof like ITR/ Salary credit in bank statement or pay slip.

A 2 wheeler loan is useful because you need to pay only a small amount to buy your dream bike – there is no need to burden your finances. The remaining amount can be availed of as motorcycle loans. The loan amount can be repaid in the form of EMIs that are affordable. Some schemes allow you to get the entire value of the vehicle on-road price as a loan.

What is the benefit of Two Wheeler loan?

A 2 wheeler loan is useful because you need to pay only a small amount to buy your dream bike – there is no need to burden your finances. The remaining amount can be availed of as motorcycle loans. The loan amount can be repaid in the form of EMIs that are affordable. Some schemes allow you to get the entire value of the vehicle on-road price as a loan.