HDFC Bank Two-Wheeler Loan

How to Apply for HDFC Bank Bike Loan?

You can apply for an HDFC Bank Bike loan online. You will be required to follow a few simple steps which can be summed up as follows: 

1. Click on the link https://apply.hdfcbank.com/vivid/twl_newuiux#TWL_New_ Login
2. Check the box against the privacy policy of the bank.

1. Click on the 'Proceed' button.
2. You will be required to provide your mobile phone number here.
3. Executives from the bank will get in touch with you after that and guide you through the process in regard to the loan application as per your requirement.
4. If you are an existing customer of the bank, you can directly apply for the loan by using your Customer ID or net banking details.
5. In this case, you will be required to enter your Customer ID or your net banking Customer ID and registered mobile phone number along with a captcha code.

1. In either case, the bank will send you an authentication code on the registered mobile phone number.
2. Validate the login and apply for the loan.

HDFC Bank Two-Wheeler Loan EMI Calculator

HDFC Bank offers an EMI calculator on the official website which can be used by any user to calculate the EMI for the prospective loan amount chosen by them. The EMI calculator is available on the product page of two wheeler loans.

In this two wheeler loan emi calculator, the user will be required to enter the details of the loan such as the loan amount, the annual rate of interest, and the loan repayment tenure in months. Once all the details have been entered, click on the 'Calculate' button and the calculator will make the necessary calculations and display the EMI amount as per the details provided by the user at the bottom of the table.

HDFC Bank Two-Wheeler Loan Eligibility Criteria

An applicant for HDFC Bank two-wheeler loan will be required to fulfil certain eligibility criteria and are mentioned below:

1. At least 21 years old at the time of applying for the loan, and less than 65 years at the end of the loan tenure.
2. A salaried or self-employed individual.
3. The applicant's minimum monthly income must be Rs.10,000.
4. Non-individual bodies such as partnership firms, private Limited companies, limited companies etc. can also apply for a two-wheeler loan from HDFC Bank.

Documentation for HDFC Bank Two-Wheeler Loan

The following documents are required for the purpose of applying for a two-wheeler loan through HDFC Bank:

Proof of Residence or Address Proof

Any one of the following - Passport, Voters' ID card, Driving license, Electricity bill, Ration card, most recent credit card bill, LIC policy, gas connection bills, rental agreement, sale deed, telephone bill, etc.

Proof of Identity

Any one of the following - PAN card, Photo Credit Card, Driving License, Voters' ID Card, Ration Card (with photograph), Company ID card, etc.

Income Proof

1. For Salaried Individuals : 3 months' salary slip, Form 16, or bank statement for 3 months with salary credit.
2. For Self-Employed: Latest income tax returns, or 3 months bank statement.

Features and Benefits of the HDFC Bank Two-Wheeler Loan

HDFC two-wheeler loans come with a wide array of attractive features and benefits. They have been listed below:

1. The repayment tenure ranges from 12 months to 48 months. This facility is available even at the point of purchase.
2. Rack interest rates starting at just 14.50% p.a.
3. Quick disbursal of loan and hassle-free process.
4. Easy documentation process and doorstep service.
5. All the loan charges are communicated in writing along with the loan quotation.

HDFC Two-Wheeler Loan Fees and Charges

Check - HDFC Ergo Two- Wheeler Insurance

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