🏍 Bike Loan – Eligibility Criteria
A Bike Loan helps you purchase a new or used two-wheeler with affordable EMIs and quick approval.
At LoanHiLoanWala, we help you check eligibility and get the best bike loan offers from banks and NBFCs.
✅ Who Can Apply
Bike Loans are available for salaried individuals, self-employed professionals, and business owners, subject to lender policies.
👤 For Salaried Individuals
Age: 21 – 60 years
Stable monthly income
Minimum 6 months job continuity
Valid PAN & Aadhaar
Active salary bank account
Acceptable CIBIL / Credit Score
🧑💼 For Self-Employed / Business Owners
Age: 21 – 65 years
Minimum 1 year business vintage
Regular income or turnover
Valid PAN & Aadhaar
Active bank account
Bank statements showing regular transactions
🏍 Vehicle Eligibility
New and used two-wheelers
Approved bike models as per lender
Vehicle should be registered in applicant’s name
RC & insurance required for used bikes
📄 Documents Required
PAN & Aadhaar
Income proof / salary slips
Bank statements (last 6 months)
Address proof
Vehicle quotation (for new bike)
RC & insurance (for used bike)
📌 General Conditions
Loan amount depends on income, bike value, and credit score
Interest rate varies by bank and borrower profile
Lower credit score applicants may still be eligible with conditions
Final approval is subject to bank or NBFC assessment
💡 Why Choose LoanHiLoanWala
Quick bike loan approval
Competitive interest rates
Minimal documentation
Flexible EMI options
Trusted bank & NBFC partners
👉 Check Your Bike Loan Eligibility
Apply now to check your eligibility and receive the best Bike Loan offers tailored to your needs.
Apply Now