From showroom to your street, this week
Bikes, scooters and electric two-wheelers financed at honest reducing-balance rates — including up to 100% on-road funding for eligible profiles.
Two Wheeler Loan
Interest rate
9.5% p.a. onwards
Funding
Up to 100% on-road
Funding
Up to 100% on-road
Interest rate
9.5% p.a. onwards
Tenure
1 – 4 years
Approval
Often same-day
Why apply through QCred
Beware the 'flat rate' trap
Dealership counters quote flat rates that hide the real cost — a '9% flat' is roughly 16% reducing. We quote reducing-balance rates only, and our calculator exposes the difference.
EV-friendly lenders
Electric scooters and bikes qualify with mainstream lenders, and some offer sharper rates for EVs — we surface those first.
Minimal documentation
KYC, a bank statement and basic income proof cover most cases. Salaried applicants with clean credit often get same-day approval.
Superbikes covered too
Premium and imported motorcycles need higher-ticket lenders — we route those separately so the deal doesn't stall.
Find your best two wheeler loan offers
It takes 2 minutes. This will not affect your credit score.
Eligibility
- Age
- 18 – 65 years
- Income
- ₹12,000+/month
- Credit score
- New-to-credit accepted by several lenders
Documents
- PAN and Aadhaar
- Last 3 months' bank statement
- Income proof (salary slip / ITR) for higher amounts
- Proforma invoice from the dealer
Rates & charges
- Interest rate
- 9.5% – 18% p.a. (reducing)
- Processing fee
- ₹500 – 2.5%
- LTV
- Up to 100% on-road for eligible profiles
Indicative ranges across partner lenders; your offer depends on profile and lender policy.
Two Wheeler Loan FAQs
The dealer's EMI looks lower than the bank's. Why?
Dealer EMIs are usually quoted on flat rates with fees buried in the on-road price. Convert both offers to a reducing-balance rate (our flat-vs-reducing calculator does it) before comparing.
Can students or first-jobbers get a two-wheeler loan?
Yes — several lenders accept new-to-credit applicants with a co-applicant or slightly higher down payment. It's also a solid first step to building a credit score.
Get your two wheeler loan moving today
Apply in two minutes or talk to an advisor first — either way, it costs you nothing.