Two-Wheeler Loans

Two-Wheeler Loan

Wouldn’t life be dull without some swiftness? At Ujjivan Small Finance Bank, we help you materialise your dream of owning a two-wheeler, which promises to add comfort and convenience to your life. Owning a two-wheeler gives you the freedom to be where you need to be on time.


We offer up to ₹ 2.75 lakhs to buy the two-wheeler of your choice. Moreover, we endeavour to make the loan application process simple and straightforward requiring only basic documents and provide quicker decision time for loan sanction.


Avail our two-wheeler loans now to add speed and progress to your life!


Age criteria: 18 to 59 years of age

Salaried/Self-employed with minimum work experience of one year

Features & Benefits

Up to 95% funding on the on-road price

Hassle-free documentation

Customised financing options to cater to all types of 2-wheeler needs

Competitive interest rates

Easy repayments

Flexible tenure options, ranging from 12 to 48 months


Features & Benefits

Minimum Documents Required

  • KYC documents
  • One passport size photograph

Schedule Of Charges

Loan Amount₹ 26,000 - ₹ 2,75,000
Loan Tenure12 - 48 months.
Rate of Interest20%- 26% p.a. diminishing balance method.
Processing FeeUp to 4% of the Loan Amount plus GST.
Documentation Charges₹ 500 + GST.
Stamp dutyAs per the state by-laws.
CERSAI ChargesAt actuals
Late Payment Charges2.5% on the overdue amount + GST (w.e.f. 1st Apr’24)
Bounce ChargesRs.500 plus GST
Pre-closure ChargesPre-closure of loan will attract a pre-payment penalty of 2 % p.a. of principal outstanding + GST.

Frequently Asked Questions

What is a Two Wheeler Loan?

A two-wheeler loan helps customers purchase the ride of their dreams. He can then pay it in Equated Monthly Installments [EMIs].

What is the Loan tenure?

12-48 months

What is the amount being offered by USFB's Two Wheeler Loan?

We offer funding up to 2.75 Lakh on your dream ride.

What are the interest rates?

20% - 26% p.a diminishing balance method

What is the documentation charges?

Rs.500 plus GST

What is the processing fees?

Upto 4% of the loan amount plus GST

What is the bounce charge?

Rs.500 plus GST per bounce

What is the late payement charges?

Late payment charges will be 2.5% plus GST of loan amount for every late EMI

Who can apply for the two-wheeler loan?

Minimum Age- 21 years at the time of loan application & ·Maximum Age- 62 years at the end of the loan tenure (last EMI date)

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