Finance your new or used bike
Two Wheeler Loan
Quick two-wheeler loans for new and used bikes & scooters. Low down payment, instant approval, and dealer tie-ups across Pune.
Interest Rate
9.5% – 22%
Loan Amount
₹20.0 K – ₹5.00 L
Tenure
12 – 48 months
Processing Fee
2% + ₹500
Why choose this loan
Key Benefits
New & used bikes
Finance any two-wheeler.
Up to 95% funding
Low down payment options.
Instant approval
Drive home the same day.
Dealer integration
On-spot financing at partner dealers.
Eligibility Criteria
Who can apply
- Age between 18 and 65 years
- Minimum monthly income of ₹12,000
- CIBIL score of 650 or above (we also help lower scores)
- Salaried, self-employed & business owners eligible
- Resident of India with valid KYC
Documentation
Required Documents
- PAN Card *
- Aadhaar Card *
- Passport-size Photograph *
- Income / Bank Proof *
- RC (for used bike) (if applicable)
- Insurance Copy (if applicable)
Check Your Eligibility
Get an instant estimate of how much you can borrow.
Prefer to talk to an expert?
Our loan advisors will assess your profile, compare lenders, and get you the best two wheeler loan offer.
Plan your repayment
EMI Calculator
₹1,30,000
20,0005,00,000
9.50%
9.522
36 mo
1248
Your Monthly EMI
₹4,164
Principal₹1,30,000
Total Interest₹19,904
Total Payable₹1,49,904
Principal 87%Interest 13%
Compare & save
Bank & NBFC Comparison
| Lender | Interest Rate | Processing Fee | Max Tenure | |
|---|---|---|---|---|
Bajaj Finserv NBFC | 9.5% – 12% | 2% onwards | 4 yrs | Lowest EMI |
Tata Capital NBFC | 9.85% – 12.35% | 2% onwards | 4 yrs | Fast approval |
Aditya Birla Finance NBFC | 10.2% – 12.7% | 2% onwards | 4 yrs | |
HDFC Bank BANK | 10.55% – 13.05% | 2% onwards | 4 yrs |
Rates are indicative and subject to lender approval. MIMA negotiates the best available offer for you.
Got questions?
FAQs
Everything you need to know about Two Wheeler Loan.
Yes, with RC verification and valuation of the used two-wheeler.
Apply for your Two Wheeler Loan today
One point contact for all your financial requirements.