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What Are the Benefits of Owning a Two-Wheeler?

Published on Mar 25, 2022Updated on Jul 17, 2023

What Are the Benefits of Owning a Two-Wheeler?

Two-wheeler sales have been soaring over the last few years in India. The main reason for this spike in sales numbers is for the comfort and convenience that this mode of transport offers to most Indians. Moreover, two-wheelers are perfectly aligned with our modern-day, fast-paced lifestyle where we are always on the lookout for quick solutions.

Benefits of Owning a Two-wheeler

Whether you live in a crowded city, a mid-tier town, or a village, owning a two-wheeler is beneficial to every type of rider. Let’s take an in-depth look at the benefits of owning a two-wheeler.

1. Affordable:

The main objective of purchasing a two-wheeler is its affordability factor. Affordable pricing and easy funding via two-wheeler loans makes it within easy reach of lower and middle-income group families.

Generally, you will find prices of two-wheelers starting from Rs. 20,000 for second-hand vehicles and new variants starting from Rs. 60,000. However, if financing is a problem, then you can also avail the benefits of two-wheeler Loans from SMFG India Credit.

2. Economical:

Apart from the affordability of two-wheelers, a key benefit of owning a bike or a scooter within city perimeters is cost-effectiveness. You have to pay a lot less on parking and toll fees when riding a two-wheeler.

Offering very good mileage, you can ride up to 40 to 50 km per liter. With petrol prices skyrocketing, two-wheelers are economical for most Indian families to maintain even on tight monthly budgets in comparison to driving a car.

3. Low Maintenance:

Just like four-wheelers need annual servicing, two-wheelers also need to be serviced and maintained on a yearly basis. However, the overall cost of maintenance and servicing a bike or a scooter is far less than that of a car.

Moreover, if the two-wheeler suffers damage from an accident or collision, the cost of spare parts is not that high. Plus, most parts are available even at local repair shops.

Must Read: How to Apply for Two-Wheeler Loan and Get Online Approval?

4. Hygienic:

A lot of people are looking for safe transportation options as the onslaught of the virus continues. Instead of traveling in jam-packed buses, local trains, shared autos, and metros, the two-wheelers offer a more hygienic alternative to local travel and short commutes.

If you are looking to minimize your exposure during the pandemic, you can certainly consider purchasing a two-wheeler with the help of a bike loan from SMFG India Credit.

5. Safe:

Working women find two-wheelers to be a safe travel solution. It helps them avoid crowded mass commuting options whilst making travel comfortable and convenient. Two-wheelers are great travel options for parents of school-going children. It helps navigate congested roads quickly.

Needless to say, two-wheelers are the perfect companion for anyone looking to travel safely and comfortably. For hassle-free finance options, check out SMFG India Credit’s two-wheeler loan. Simply use the website to apply and upload the documents for a bike loan online for instant processing.

6. Convenience:

Emergencies do not come knocking on your door with prior warning and public transportation is only available at certain times of the day. That is true for aggregator services like Uber and Ola too. Even though the service is available round the clock, during peak hours, commuters have often complained about the lack of convenient, inexpensive modes of travel.

Having a two-wheeler around offers a lot of conveniences. It enables you to reach your destination quickly and cost-efficiently without having to depend on third-party modes of travel.

7. Ease of Navigation:

Traffic is high on city roads where it can take hours to reach your destination. With so many vehicles, navigating on congested roads on a four-wheeler can be difficult. This challenge can be easily overcome by owning a two-wheeler instead.

Being lightweight, two-wheelers come with a sleek design that is simple to maneuver. This makes navigation on busy Indian roads extremely easy.

8. Ease of Parking:

More and more people are purchasing vehicles for personal use in India. Whilst the number of cars is increasing, the number of parking spaces is not. This adds to the overall problem of finding a spot to park your four-wheeler which at times can be difficult at times.

On the other hand, parking spots for two-wheelers are easy to come across as they require less space.

Must Read: 5 Factors that Affect Two-Wheeler Loan Interest Rates

9. Fast:

Even though it is not recommended, if you like speeding within the prescribed speed limits, then two-wheelers are the way to go. You can travel from one destination to the next quite quickly.

Be it heavy traffic during peak hours or narrow lanes, two-wheelers can navigate easily through traffic-heavy roads allowing you to reach your destination fast.

10. Low Insurance Premiums:

The traffic rules in India fall under the purview of the Motor Vehicles Act, 1988. The guidelines outline that all vehicles that run on Indian roads must be insured. This includes two-wheelers too.

Two-wheeler insurance premiums are much more affordable than that of four-wheelers. This makes it easier on the pocket of the two-wheeler owner.

11. Ease of Financing:

The dream of owning a two-wheeler can be easily fulfilled with the help of a bike loan. These two-wheeler loans give convenient access to funds to anyone who wishes to purchase a motorcycle or bike that can be repaid in easy installments across a designated period of time.

Easy two-wheeler loans are available from SMFG India Credit at affordable interest rates. Simply navigate to the two-wheeler loan page on the website and fill up the application form online. Use the two wheeler loan EMI calculator to get an estimate of the monthly installment amount.

With minimal documentation, the loans can be quickly disbursed to your bank account.


The advantages of owning a two-wheeler are many. However, if funding is coming in your way of reaching this milestone, be sure to speak to our customer service executive to explore your options of availing bike loans. You can call our toll free number 1800 103 6001 or visit the SMFG India Credit branch near you.

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