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

Calculate Two Wheeler Loan EMI

12 Months48 Months

Calculated EMI*   3,563  Apply Now

Get a Two Wheeler Loan Online

Owning a two-wheeler is a matter of convenience and travelling via public transport can be cumbersome at times. Purchasing your own two-wheeler would not only solve your commuting woes, but also make your day-to-day journey faster and comfortable. At SMFG India Credit, we understand how much this matters to you, and offer easy two wheeler loans to help you realise your dream.

With SMFG India Credit’s two-wheeler loan, you can be the proud owner of your very own bike and travel comfortably to work every day.

Our quick digital application process is designed to make your experience as comfortable as possible. We offer bike loans with maximum loan to value at attractive interest rates and flexible repayment tenures upto 48 months to ensure that your monthly EMI payments are well within your budget.

Please check our free online Two Wheeler Loan EMI Calculator to get an accurate estimate of your monthly EMI payments.

Features & Benefits

Easy Processing

Loan documentation is hassle free and quick loan disbursal

Attractive Interest Rate

Loan amount up to 1.5 lakhs* with flexible and attractive interest rates

Flexible Repayment

You can opt for an easy repayment schedule

Two Wheeler Loan

For Working Professional

Two wheeler finance for salaried and self-employed individuals

Instant Digital Approval

Meet our sales representative today and get an instant approval for a two wheeler loan

How to Apply for a Two Wheeler Loan?

You can take the following steps to apply for a two-wheeler loan:

  • Online Application: Log into our website and make a request for a bike loan by filling in the application form and submitting it online. You will receive a call from the relevant department to discuss the various possible options that you could opt for. Your application will be forwarded for processing based on your requirements.
  • Documentation: You are required to submit the basic minimum documents to help the lending institution verify your eligibility for the loan.
  • Verification: The documents submitted are verified as a part of the loan application process.
  • Approval: Post verification of the documents, if the loan is approved, the funds will be disbursed.

You can also get in touch with us via email, contact us on our toll-free number or walk into the nearest SMFG India Credit branch to apply for a bike loan. 

Two Wheeler Loan Eligibility & Documents 

The eligibility criteria to be able to apply for a bike loan is as follows:

  • You should be at least 18 years of age while applying for a bike loan and not more than 65 years on the maturity of the loan.
  • You must be an Indian resident residing at the same residential address for a minimum of 1 year.
  • Salaried employees should have a minimum work experience of at least 1 year and should fulfil the conditions per SMFG India Credit’s policy at the time of loan application.

The basic documents required to verify your bike loan eligibility include:

  • Government employees are required to submit a copy of the previous three months’ salary slips. Private company employees are required to submit salary slips/certificates stating the deductions.    
  • A copy of the Form 16.
  • Self-employed persons are required to submit a copy of their Income Tax returns.
  • KYC documents that include - Proof of identity (such as Aadhar Card, Drivers’ Licence, PAN Card etc) and Proof of address (Electricity bill, Bank passbook, Aadhar Card, Drivers’ Licence etc), passport sized photographs and a copy of the filed in application form.

*Terms and conditions apply

Page also available inहिन्दी - Hindi

Apply for Two Wheeler Loan

in minutes!

Apply now

How To Apply


Fill up your
form online


Check your eligibility
in a minute


Upload documents
for Verification


Post verification, loan will be approved and disbursed in your account



How can I get a two wheeler loan?

SMFG India Credit turns your dream of owning a two-wheeler into reality in a few simple steps, thanks to our minimal documentation policy, attractive two-wheeler loan interest rates, and hassle-free experience.

We will review the application form and all submitted documents as the loan processing starts. Remember to have photocopies and the originals handy for collection as they might be needed.

Depending on the outcome of the document verification process, we will decide how best to move forward with your two wheeler loan application.

What is a two wheeler loan repayment process?

You can repay your SMFG India Credit two wheeler loan within 12 to 48 months conveniently via EMIs. The EMI will comprise of payment towards interest and principal, as well as any additional components such as insurance, etc. depending on the terms of your loan agreement. The EMI must be repaid on time as per the agreed upon schedule to avoid penalty charges.

You can repay your two wheeler loan in the following methods:

  1. Auto Debit / ECS facility
  2. Cheque deposit at branches
  3. Online payment via SMFG India Credit website (customer logged in section)
  4. Through the SMFG India Credit m-Connect App
  5. Pay EMI online via non-logged in section of the website

What are the charges for a two wheeler loan?

A two wheeler loan can be availed on a low down payment with SMFG India Credit on select bikes for eligible applicants depending on our policy at the time of loan application. The interest rate offered can vary between 16% to 30% per annum depending on factors like the eligibility of the applicant, tenure of the loan, city of residence, type of two wheeler being purchased and prior relationship with SMFG India Credit.

What are the requirements for a bike loan?

To apply for a bike loan you first need to check your bike loan eligibility with your preferred lending partner.

When applying for your two wheeler loan you will have to submit  documentation to verify the status of your eligibility and due diligence process. We require you to provide the following basic documents for a two wheeler loan. 

  • Bike loan application form duly filled and signed
  • All KYC documents to verify identity, address, and age
  • Passport size photographs  
  • Salaried individuals need to submit their employment letter, 3 months salary slips, 6 months of bank statements and the latest form 16
  • Self-employed must submit their last 3 year ITR, 6 months of bank statements, GST returns (if applicable), TDS certificate and company related information

Please note that this is the basic documentation list, depending on your profile & our SMFG India Credit policy, additional documents may be requested.

* Terms and conditions apply
** Subject to foreclosure charges. Terms and conditions applicable.

Knowledge Center

Here are some articles which could help you understand us and our products better.

Have a Query? Read FAQs
What is an EMI ? - Full Form and Meaning
Other Loans

What is an EMI ? - Full Form and Meaning

EMI stands for Equated Monthly Installment. It is a fixed payment amount made by a borrower to a…

What is CTC: Full Form, Meaning & How its Calculated
Other Loans

What is CTC: Full Form, Meaning & How its Calculated

CTC, or Cost to Company, is a pivotal concept in the realm of employment and compensation. It…

UTR Number - Everything You Need To Know
Other Loans

UTR Number - Everything You Need To Know

The Unique Tax Reference (UTR) number serves as a crucial identification code assigned by HM…


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).