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Drive your Dreams with Two Wheeler Loan In Mumbai up to 100% Financing

  • Quick Two wheeler Loan Approval
  • Competitive Interest Rates
  • Hassle-Free Loan process
  • Lower Processing Charge
  • Easy Repayment Options

Enquire Now

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Two Wheeler Loan In Mumbai

Mumbai is the financial capital of India, and the city attracts people from different corners of the city and world. Communting is one of the biggest faced by Mumabikers. Buying a scooter or bike on loan in Mumbai is not difficult and can make your daily commute easy. Avail a two wheeler loan in Mumbai from Muthoot Capital. The loan ensures that your savings are not used up and you can pay for your two wheeler over a period of time. Once the repayment is complete the papers will be transferred to your name, and ownership will be yours.

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Two-Wheeler Loan starting @

Attractive rates

Let us cherish and nurture that trust and ensure that every person who deals with us deals with the confidence that he will not be misguided

Salaried or self-employed persons.
Upto 100% Funding
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Flexible Tenure
Upto

60 Months

Use our Two-Wheeler EMI calculator to know your monthly installment

Scooters and bikes usually have a high resale value and you may think of selling the vehicle once the repayment is made and buying a higher-end vehicle. With a bike loan, you can upgrade your lifestyle easily. You can pay off your loan in comfortable instalments and build a healthy credit score in the process. A good credit profile can help you get other loans in the future with a favourable rate of interest. Muthoot Capitalhas schemes to meet the varied requirements of individuals of Mumbai.

Required loan amount
min ₹10,000
max ₹20 Lac
Interest rate
min 10%
max 32%
Tenure up to
1 month
84 months
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Loan Amount
₹ 10,000
Interest Payable
₹ 83

Monthly EMI

₹ 10,083
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Key Benefits & Features of Two Wheeler Loan in Mumbai

Flexible Repayment

Flexible repayment options, ranging from 12 to 60 months

Special schemes

Special schemes to suit your needs

Attractive interest

We offer attractive interest rates on Two-Wheeler Loan

Quick approval

Get quick approvals with minimum paperwork

Easy documentation

Easy and simple documentation

Hassle free loans

Quick and convenient processing

Loans upto 100%

We provide Two wheeler loan up to 100% for specific models under specific schemes*

Low Down Payment

Low Down Payment/EMI schemes to suit the customer’s financial requirement

No hidden charges

If the customer takes from dealership, he needs to pay additional.

Flexible Schemes

Receive Two-wheeler finance on income proof, without income proof or on an asset

Best Two Wheeler Loan Eligibility Criteria in Mumbai

If you want a scooter or bike loan in Mumbai, you are required to meet our eligibility criteria. The Muthoot Capital two wheeler loan eligibility criteria are simple:

01

Salaried or self-employed persons.
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02

Age between 18 (at the time of application) and 68 (at the end of the loan tenure)
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03

Minimum net income of Rs 1,20,000/- p.a.
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Documents Required For Two Wheeler Finance in Mumbai

If you want a scooter or bike loan in Mumbai, you are required to meet our eligibility criteria. The Muthoot Capital two wheeler loan eligibility criteria are simple:

Valid Identity Proof

Aadhaar Card, Passport, Voter ID or Driving License

Valid Address Proof

Aadhaar Card, Passport, Voter ID or Driving License

Income Proof

Salary Slips, Bank Statements, ITR, or Form 16

Asset Proof

Property Documents, Electricity Bill, Property Tax receipt, Building Tax or Water Bill

Two-Wheeler Loan Schedule of Charges

Two Wheeler Loan Interest Rates

5.5% PA Onwards

Maximum Repayment tenure

60 Months

How to Apply for Two Wheeler Loan in Mumbai? 

 

There are multiple ways you can apply for a two wheeler loan in Mumbai.

 

Apply Online for Two Wheeler Loan in Mumbai 

 

The procedure to apply online for a bike loan is simple

  • Go to the top navigation and click on apply now.
  • Once the application form opens, fill in your name, email address and phone number.
  • You will receive an OTP or One Time Password on your phone. Fill out the OTP on the form.
  • You will then be requested to choose your preferred brand, click continue.
  • Choose the state you reside in and once again, click continue.
  • On the next screen, use the slider to fill in the income details and the loan amount you require.
  • Now, choose gender and date of birth, while ticking on the box provided to accept Muthoot Capital Services Ltd.’s privacy policy.
  • You will receive an SMS with a reference number. Use this reference number to follow-up on your inquiry.

 

Apply Physical or Offline for Two Wheeler Loan in Mumbai 

 

Our representatives are trained to help you understand the two wheeler loan, fill the application form and apply for the loan as per the required procedures. You can approach them at the:

  • Muthoot Fincorp Branches – A representative will help you with filling the forms, documentation process, etc.
  • Two Wheeler Dealership – Meet our representative at the dealership from where you are buying the two wheeler. They will help you fill out the bike loan application form as required.
  • Call us – You can reach out to us on 1800 102 1616 for the complete guidance.

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