Two Wheeler Loan Interest Rate (Aug 2026)

For loans with tenure up to 36 months

3 Yr MCLR	Spread over MCLR	Effective ROI	Reset
8.90%	6.10% - 16.10%	15.00% - 25.00%	No reset

For loans with tenure over 36 months

Effective ROI
15.00% - 25.00%

ROI would vary basis vehicle model.

Type	Charges
ROI min	11.00%
ROI max	25.00%
Processing fee	Up to 2.5% of Loan Amount (LA) + GST
Documentation charges	₹750 per instance + GST
Cheque bounce/ EMI return charges	₹500 per instance + GST
Cheque / Instrument swap charges	₹500 per instance + GST
Duplicate statement issuance charges	₹250 per instance + GST
Duplicate repayment schedule issuance charges	₹250/- Per Instance
Duplicate no dues certificate / NOC	₹250 per instance + GST
Penal Charges	Financial Default: 8% p.a. on the overdue amount (subject to aggregate penal charges not exceeding ₹1,00,000 (INR One lakh) per instance) Subject to minimum of Rs.300 (NO GST)
Material Terms & Conditions	Financial Default: 1. Non-payment of interest / installment on due date 2. Financial Default also includes all types of payment or financial defaults/irregularities with respect to the Loan Account
Part Payment Charges	5% on the amount being prepaid. No Lock-in period for making part payment of the loan.
Foreclosure charges	5% of the Principal Outstanding. No Lock-in period for foreclosing the loan.
Stamp duty	At actuals
Issuance of credit report	₹50 per instance + GST
Registration Certificate Collection Charges	₹600 per instance + GST
Legal, repossession or incidental charges	At actuals
#Loan cancellation / Re-booking charges	₹550 per instance + GST

The charges mentioned are subject to change as per Bank's discretion from time to time.
Goods and Service Tax (GST), as applicable, will be levied.

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Two Wheeler Loan EMI Calculator

Axis Bank’s Two-Wheeler loans offer up to 100%* funding and minimal documentation with tenures ranging from 12 to 48 months for Two-Wheeler Loans and 12 to 60 months for Super Bike Loans. Axis Bank also offers loan on electric two-wheelers of your choice. While loans for two-wheeler start at a minimum of ₹25,001, a super bike loan starts at a minimum of ₹1,00,000. Choose as per your budget. Use the Two-Wheeler EMI calculator to know your exact EMI before you choose.

Loan Amount

₹

25K

1Cr

Interest Rate (p.a)

8% 28%

Tenure (Months)

12M60M

Your EMI* ₹ 1,14,678

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*Equated Monthly Installment'

Note: To see amortization schedule, please click here.