Fullerton India Credit Co. Ltd. is Now SMFG India Credit Co. Ltd.

Bikes are among the most popular means of transport in India. While some look for just an easy ride, many aspire to own their dream bike as soon as possible. SMFG India Credit offers attractive bike loan interest rates along with minimum documentation. The down payment for a typical bike loan ranges from 15% to 30% of the bike’s value.

The minimum down payment for a bike loan that you need to make depends on the following factors:

  1. The cost of the bike
  2. Make and model of the bike
  3. Your credit history
  4. Your current repayment capacity
  5. Previous relationship with SMFG India Credit 

Please visit your nearest SMFG India Credit branch to know more about bike loans. Alternatively, you can contact us on our toll-free number 1800 103 6001  and speak with our team to know more.

Required Documents

To apply for a bike loan at SMFG India Credit, you would need to submit the below documents along with duly filled application form:

  • A proof of identity, which can be any among:
    • Aadhaar
    • Passport
    • Voter’s ID card
    • Driving licence
    • PAN card
    • Company ID card
    • Ration card with your photo affixed on it
  • A proof of address, which can be any among:
    • Aadhaar
    • Passport
    • Voter’s ID
    • Driving licence
    • Rental agreement
    • Utility bill including telephone, electricity, gas bills
    • Ration card
    • Property purchase agreement
    • Life insurance policy
    • A letter certifying your address from the company you work for (for select companies)
  • Proof of income
    • For salaried: latest salary slip or salary certificate with deductions, name and designation clearly mentioned
    • For self-employed: latest income tax return

How To Apply

To apply for a bike loan from SMFG India Credit, you can begin by checking your bike loan eligibility. Our representative will guide you through the application process which includes filling up the loan application form and submitting the required documents. 

You can also apply for a bike loan by visiting SMFG India Credit’s website and clicking on the “Apply Now” button. On the following page, select “Two Wheeler Loan” and provide the required information. This will include your personal and current employment details. You can use the online two wheeler loan EMI calculator to get an estimate of the monthly EMI you would have to pay. Once submitted, our representative will reach out to you with the next steps.

* Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG India Credit. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG India Credit's policy at the time of loan application. If you wish to know more about our products and services, please contact us

12 Months36 Months

Your Calculated EMI*


Disclaimer The above calculator with graph & below table provide an approximate calculation of the EMI ( Equ... Read More


How can we help?


Get in Touch

Have a query? You can contact us through any of the channels listed below.

Toll Free Number
1800 103 6001 Timings: 9:00 AM to 7:00 PM (Monday to Saturday excluding public holidays & fourth Saturday of every month).


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