To access the old website
Click Here
Total Amount Payable
1,37,621
Features and Benefits
Saves time
With a Two-Wheeler Loan Calculator, you can quickly calculate your EMIs without having to crunch numbers or solve complex formulas manually.
Accurate calculations
A Two-Wheeler Finance Calculator provides accurate estimates of your EMIs and ensures that you have a clear understanding of your loan obligations, leaving no chance for errors, miscalculations, or confusion.
Easy comparison
By adjusting the loan variables as per Two-Wheeler Loan eligibility, you can compare different Bike Loan options and find the best deal that fits your budget and financial goals.
Convenience
You can use a Bike Loan Repayment Calculator anytime and anywhere you want and get instant answers without having to rely on someone else.
Effective financial planning:
Using a Motorcycle Loan EMI Calculator enables you to plan your finances effectively and be prepared for your monthly payments. This helps avoid unnecessary financial stress and surprises.
Informed decision-making
A Bike Loan EMI Calculator allows you to experiment with alternative loan scenarios and learn how adjusting variables, such as Two-Wheeler Loan interest rate, amount, and term, impacts your EMIs .
Read More
Informed decision-making
A Bike Loan EMI Calculator allows you to experiment with alternative loan scenarios and learn how adjusting variables, such as Two-Wheeler Loan interest rate, amount, and term, impacts your EMIs. This helps you evaluate the pros and cons of each option and select the most suitable one.
What is a Bike Loan EMI Calculator?
A Two-Wheeler Loan EMI Calculator is a digital tool that helps individuals easily calculate Bike Loan Interest and monthly loan repayment amount, known as Equated Monthly Instalments (EMIs). In simple words, with a Bike Loan Calculator online, you can quickly figure out how much you will need to pay each month if you take out a Bike Loan. This calculator considers some loan-related details, such as Bike Loan interest rate, amount, and tenure, to provide an accurate estimate of your monthly EMI for Two-Wheeler Loan, interest amount and the total amount payable.
By using a Two-Wheeler Loan EMI Calculator, you can plan your finances like a pro, make smart financial decisions about your Bike Loan and manage your repayment obligations with confidence.
How to use a Two-Wheeler Loan Calculator to determine your EMI?
- 01
Set the loan amount, i.e., the amount you want to borrow, using the slider. You can also type it directly in the given box.
- 02
Use the second slider to enter the Bike Loan interest rate provided by your lender.
- 03
Select the desired loan tenure. This can range from 12 months to 72 months.
- 04
With these details in place, the Two-Wheeler Loan EMI Calculator will instantly calculate Bike Loan Interest amount you will have to pay throughout the loan tenure as well as your estimated EMIs and the total amount payable (total interest + total EMIs).
Disclaimer
Axis Bank does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy. The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advise of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Axis Bank does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against Axis Bank. Neither Axis Bank nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.
Frequently Asked Questions
Simply key in the amount, rate and tenure. The two wheeler EMI calculator will automatically reflect the approximate EMI’s applicable for the loan tenure.
You can also check the amortization schedule which shows a break-up of the interest and principal repaid each year during the loan tenure.
You can apply for the loan on www.axisbank.com or via the Axis Mobile app.
Use Axis Bank’s two-wheeler EMI calculator to know the indicative Two Wheeler Loan EMI for the chosen interest rate and tenure.
The Equated Monthly Instalment (or EMI) consists of the principal portion of the loan amount and the interest. Therefore, EMI = principal amount + interest paid on the Car Loan. The EMI, usually, remains fixed for the entire tenure of your loan, and it is to be repaid over the tenure of the loan on a monthly basis.
Mathematically, EMI is calculated as under:
P x R x (1+R)^N / [(1+R)^N-1]
P = Principal amount of the loan
R = Rate of interest
N = Number of monthly instalments.
Say you take a Two Wheeler Loan of Rs 1 lakh from Axis Bank at an interest rate of 17% p.a. and your loan tenure is 30 months your EMI will be calculated as under:
EMI = 100000* 0.014167 * (1+ 0.014167)^30 / ((1+ 0. 014167)^30)-1 = Rs 4,115
The rate of interest rate (R) on your loan is calculated monthly i.e. (R= % Annual rate of interest/12). For instance, if R = 17% per annum, then R= 17%/12 = 0.014167
Does it look complicated? Don’t worry! Use Axis Bank’s Two Wheeler Loan EMI calculator.
Axis Bank’s Two Wheeler Loan EMI calculator is a great online tool that provides you with the answer in a split second and enables you to understand how much will be your EMI outgo. All you got to do is use the slider to enter the loan amount, interest rate, and the tenure of your loan (in months).
Here are the five benefits of using the EMI calculator:
- Easy to access
- Provides quick results
- Saves time and energy spent on doing manual calculations
- Helps you ascertain how much will be your Two Wheeler Loan EMI outgo
- Make loan planning easier for you
Remember, the interest rate and your loan tenure are the vital deciding factors for your loan EMI. Higher the interest rate on the loan, higher will be your EMI and vice-versa. Similarly, opting for a longer tenure reduces your EMI and vice versa. So, consider opting for longer loan tenure when you avail a Two Wheeler Loan so that repayments can become comfortable.
Do note that during the initial months of the Two Wheeler Loan tenure, you pay more towards interest, and gradually, as you repay the loan, a higher portion is adjusted towards the principal component. This is because; EMIs are computed on a reducing balance method, which works in your favour as a borrower.
You can opt for either of these:
- Standing Instructions (SI) can be used if you have a savings account, salary account, or current account with Axis Bank. Your EMI will be automatically debited from the account you specify.
- National Automated Clearing House (NACH)/ECS mandate can be used if you do not have an account with Axis Bank and would like your EMIs to be debited automatically at the end of the monthly cycle.
The benefits of availing of a Two Wheeler Loan from Axis Bank are:
- Attractive interest rates
- Minimal documentation
- Flexibility of amount and tenure: You can get an Axis bank Two Wheeler loan for amounts starting from ₹25,001 and a Superbike Loan starting at ₹1 lakh.
Calculating Two-Wheeler Loan EMIs using Bike Loan EMI Calculator is the key to taking charge of your finances, planning your budget effectively and avoiding missed/delayed payments.
Plus, it empowers you to check out different loan options, compare rates and find a Bike Loan that fits your lifestyle and wallet!
Learning Hub
Look through our knowledge section for helpful blogs and articles.
Copyright@ 2025 Axis Bank