SBI Two-Wheeler Loan – Bike & Scooter Finance

Finance your dream bike or scooter with SBI at low interest and flexible EMIs.

Overview of SBI Two-Wheeler Loan

Owning a bike or scooter is no longer a luxury in India; it is a necessity for students, working professionals, and families alike. With rising fuel-efficient and electric two-wheelers, demand is increasing every year. To meet this, the SBI Two-Wheeler Loan offers affordable finance, low down payment options, quick approvals, and easy EMIs for salaried and self-employed individuals. This loan is available across India, making mobility affordable and accessible.

Top 10 Benefits of SBI Two-Wheeler Loan

✅ Affordable Interest Rates

Get loans starting at competitive rates compared to private lenders.

✅ Wide Eligibility

Salaried, self-employed, and even students with co-borrowers can apply.

✅ Low Down Payment

Finance up to 85%–90% of the bike/scooter’s on-road price.

✅ Flexible Tenure

Choose repayment period from 12 months to 60 months.

✅ Digital EMI Calculator

Estimate your EMIs instantly with SBI’s online calculator.

✅ EV Bike Loan

Special schemes for electric scooters and e-bikes at lower rates.

✅ Quick Approval

Get approvals within 48 hours with minimal documentation.

✅ Nationwide Reach

Available at all SBI branches and partner dealerships across India.

✅ Easy Prepayment

Foreclose or prepay your loan with nominal charges.

✅ Trusted Bank

Loan backed by India’s most trusted bank with customer-first policies.

Eligibility Criteria

Required Documents

FAQs – SBI Two-Wheeler Loan

1. What is the maximum loan amount?

Generally, SBI finances up to ₹3–5 lakhs depending on income and vehicle type.

2. Can students apply?

Yes, students can apply with a co-borrower such as parents/guardians.

3. What is the repayment tenure?

From 1 year up to 5 years depending on applicant’s choice.

4. Does SBI provide loans for electric bikes?

Yes, SBI offers special loans for EV bikes and scooters at lower interest rates.

5. What is the processing fee?

A nominal 1% of the loan amount is charged as processing fees.

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Disclaimer: The information on this page is only for educational and informational purposes. SBI’s two-wheeler loan schemes, interest rates, and eligibility may change from time to time. This website does not guarantee approval or financial outcomes. Applicants should verify directly with SBI before applying.