Vehicle Finance

Catering to Aspirations

The Indian two-wheeler industry is projected to maintain its growth momentum in the upcoming financial year, and we are well-positioned to capitalise on this trend by offering hassle-free Two-wheeler Loans. Our simplified documentation process and speedy loan decisioning ensure that customers can quickly and easily access financing for their two-wheeler purchases.

53.54 Crores



Total borrower base

Key Achievements of FY 2022-23

  • The year under review marked the first full year without any COVID-19 impact in the past two years, resulting in significant growth for the industry. Retail sales in the sector experienced a remarkable double-digit increase of 21%.
  • We have adopted a concentrated approach, catering to the needs of our existing customers who are looking to finance their two-wheelers.
  • We have been steadily expanding our customer base by establishing partnerships with dealerships. This strategic move allows us to tap into the majority of customers who visit these dealerships to purchase a two-wheeler.

Road Ahead

In our continuous efforts to improve the customer experience, we are constantly enhancing our digital mechanisms to streamline the onboarding process for our customers. Our commitment lies in expanding our reach and capitalising on emerging opportunities in the market. To achieve this, we strategically forged alliances with leading two-wheeler manufacturers and dealerships, enabling us to provide better customer service.

Furthermore, we embraced technological advancements to stay ahead, to offer innovative solutions. By focusing on rural and semi-urban markets, we recognise the potential for growth in these areas and aim to cater to the specific needs of customers in these regions.

© 2023 Ujjivan Small Finance Bank Ltd. All Rights Reserved