Two Wheeler Loan: Apply for Scooter & Bike Loans Online

  • Two wheeler loan of up to 100%* of on-road price
  • Special two wheeler finance schemes to suit your needs
  • Low interest rate with no hidden charges
  • Flexible repayment option with maximum loan tenure of up to 48 months
  • Easy and simple documentation with fast approval

A two-wheeler loan is a good option that enables you to purchase a motorcycle & scooter with easy equated monthly installments or EMIs. It is easy to apply for a two wheeler loan and get your bike or scooter financed instantly with minimal documentation. When you apply for a best bike loan keep your age proof, income proof, and KYC related documents ready. Buy your desired two wheeler and avail a 2-Wheeler Loan without pledging anything as collateral. You can get finance of up to 100%* of the bike’s cost for tenures ranging 1 to 5 years at lower interest rates. TnC applicable. Getting a two-wheeler loan is easy and seamless with Muthoot Capital. Buying a two-wheeler is a step towards freedom from public conveyance. Avail two wheeler finance to help you zip through the streets and be on time every time. Owning a 2-wheeler has never been this easy. Our bike loans provide the maximum of up to 100% of the on-road price of the vehicle, attractive interest rates starting at 0.99%, and easy EMI. You can pay back at your own convenience at any of the Muthoot branches across the country.

Two Wheeler Loan EMI Calculator


Key Benefits and Features of 2 Wheeler Loan

Flexible Repayment

Flexible Repayment

Flexible repayment options, ranging from 12 to 48 months

Special Schemes

Special schemes

Special schemes to suit your needs

Attractive Interest

Attractive interest

We offer attractive interest rates on Two-Wheeler Loans

Quick Approval

Quick approval

Get quick approvals with minimum paperwork

Hassle Free Loans

No income base

Receive two wheeler finance on income proof, without income proof or on an asset

Hassle Free Loans

Hassle free loans

Quick and convenient processing

Easy Documentation

Easy documentation

Easy and simple documentation

Loans Upto 100%

Loans upto 100%

We provide 2 wheeler loans up to 100% for specific models under specific schemes*

Low Down Payment

Low Down Payment

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

Best Two Wheeler Loan Eligibility Criteria

In order to find out if you meet our best two wheeler loan eligibility, you have to fulfill only a few conditions after which we process your loan


Salaried or self-employed persons.


Age between 18 (at the time of application) and 65 (at the end of the loan tenure)


Minimum net income of Rs.96000/- p.a. for salaried profile / net profit of Rs. 1,20,000/- p.a. for self employed profile

Apply Now

Documents Required For Two Wheeler Loan

  • Valid identity proof:

    Any one of passport / Aadhaar card / voters ID card / driving license / PAN card

  • Income proof:

    ITR / form 16 / pay slip / salary credit in bank statement

  • Asset proof:

    Latest land / building / house tax reciept

  • Valid address proof:

    Any one of passport / Aadhaar card / voters ID card / driving license / telephone bill / electricity bill / gas connection bills / ration card/ LIC policy

  • Photo proof:

    Recent passport size photo

Online Payment Options

Pay Via Websites For Two Wheeler & Second Hand Car Loan

Pay Via Websites

Pay your EMI using our website anytime, anywhere.

Pay Now
M Power For Two Wheeler & Second Hand Car Loan

Muthoot Capital Services Customer APP

Get instant access to your loan details and pay EMI easily.

Download App

Fees & Charges Of 2 Wheeler Loan

There are some charges that are levied over and above the interest rates when you take a 2 wheeler loan.

  • The processing charge is levied by the two wheeler finance company as a percentage of the loan amount sought. It is applicable at the time of application.

  • Foreclosure charges are levied when you close the loan before the due date. The best two-wheeler loan also charges a nominal amount for foreclosure.

    • Two Wheeler Loan Interest Rates
      0.99% pa* Onward
    • Maximum Repayment Tenure
      48 months

    *Processing fee and documentation charges applicable as per scheme

    What is Zero Down Payment Best Bike Loan?

    A zero down payment best bike loan is a secured loan in which the lender will cover the whole cost of the two-wheeler of your choice, whether it’s a basic model or a high- end one, without needing you to pay anything up front. Muthoot Capital will finance 100% of the value of your two-wheeler, allowing you to buy your dream bike on EMI with no down payment. This service is especially beneficial if you’re short on funds or don’t want to deplete your savings to make a down payment.

How to Get Scooter Loans Instantly?

There are some dos and don’ts while applying for a scooter loan. You should be aware of some simple guidelines while applying for an online best bike loan.

  • You should ascertain the exact amount of the loan you require. Assess your needs and apply to get the best loan for your bike
  • Check your eligibility and explore options on the loan EMI calculator. Choose the tenure and down payment options that suit you best to create an easy repayment plan.
  • It is important to fill the application form correctly. An incomplete or wrongly filled form can be the cause hassles for you. Take the help of your customer care representative to complete the process.
  • If you are still not eligible for the 2 wheeler finance of a scooter or bike, take the help of a guarantor or co-applicant to increase your chances of loan approval.

Muthoot FinCorp Branches

If you have been searching ‘two wheeler loan near me’, we are here to serve you. Find your nearest branch and pay us a visit!

  • Muthoot FinCorp Ltd.
    No 46/423B, 1st Floor, Goodshed Road, Fly Over Jn
    Thalassery – 670101
    Near Sangamam Auditorium
    Open until 05:30 PM
    Map Website Apply Now
  • Muthoot FinCorp Ltd.
    Jagannath Shankar Sheth
    488/B, Ground Flr, Matru Kripa Building, H Marg
    Mumbai – 400002
    Near Rajesh Farsan Mart
    Open until 05:30 PM
    Map Website Apply Now
  • Muthoot FinCorp Ltd.
    Cox Town
    No 107, 1st Floor, Wheeler Road
    Cox Town
    Bengaluru – 560005
    Opposite Indian Gymkhana Ground
    Open until 05:30 PM
    Map Website Apply Now

Find Muthoot FinCorp Two Wheeler Loan Branch near you – Locate Now

Frequently Asked Questions

You can apply for a two wheeler vehicle 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.

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.

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.

Yes, you can prepay the motorcycle loan in entirety. There will be a nominal charge for pre-payment of the bike loan you have taken. Get in touch with our customer care representative at 1800 102 1616 to help with the details.

Parameter Bike Loan Personal Loan
Down payment Approx 10 to 20 % of the on-road valuation of the vehicle. No down payments needed.
Rate of interest Starts @ 9% onwards.  Starts @ 11% onwards. 
Repayment tenure Can go up to 7 years. Ranges between 6 months to 5 years.
Processing Time Instant Approval 1 - 2 working days*
Required Documents
  • Identity proof
  • Address proof
  • Age Proof
  • Last 3 months salary slips
  • Last 3 months bank statements
  • Identity proof
  • Address proof
  • Age Proof
  • Last 6 months salary slips
  • 6 months bank statements
Lenders Only from Banks or NBFCs Banks, NBFCs or online lenders

No, you do not need to visit a Muthoot Fincorp branch to avail two wheeler 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.

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.

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.

Blue Soch Stories

First-hand account of customer experiences

Radha Krishnan takes Two Wheeler Loan from Muthoot Capital

Radhakrishnan is a tea/coffee distributor. Initially, he used to distribute tea in the market by walking everywhere. Walking from one place to another place took a lot of time and then he upgrader to a cycle.


Tea / Coffee Distributor

Ilankovan took two Wheeler Loan from Muthoot Capital

My Name is Ilankovan. I acquired this two-wheeler loans with Muthoot Fincorp which was a trouble-free process. Muthoot assisted me to own this scooter I am contentedly driving this scooter also I pay my dues regularly without any problem.


Shop Owner

Rajkumar Sarkar’s Muthoot Two-wheeler Loan from MuthootCap

My name is Rajkumar Sarkar and stay in Laketown, Kolkata. My family includes me, my wife and our son, I have also a small car rental business. My son studies in the school, & I have to drop him and pick him up from the school.

Rajkumar Sarkar

Car Rental Business

Chaaya Sanjay Bilhare took two- wheeler loan for ladies

My name is Chaaya Sanjay Bilhare, I live in Kasa Ambori Taluka, of Pune District. I own a shop named “Devman” which we started on Gudipadwa (Maharashtrian New Year). I wanted to buy a two-wheeler for my business like this but was unable to buy.

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