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Flexible options

Flexible options

Loan with easy and flexible EMI repayment

Loan up to 100% of on-road price

Loan up to 100% of on-road price

Enjoy convenient service and skip the queues when you log a request online.

Convenient process

Finance available for electric two-wheelers

Explore attractive & affordable electric two-wheeler loan and financing options.

Minimal Documentation

Minimal Documentation

Get your loan process faster with minimal documentation requirements.

Get your Two Wheeler Loan now

  • 01.Select your two-wheeler and model
  • 02. Customize your loan
  • 03. Complete your personal details
  • 04. Get quick sanction

Begin your bike search today!


Use our comparison tool that will help you decide which bike is best for you


Two Wheeler Loan - Interest, Fees, Documentation and Eligibility

Two Wheeler Loan - Interest, Fees And Documentation

Rate of interest: 10.25%* to 26.10%* per annum

Loan Processing and Documentation Charges: Non-premium and Premium Vehicles - 4.75% of Loan amount + applicable GST.
Super Premium Vehicles - 3.5% of loan amount + applicable GST

Tenure: 12 months to 36 months

Documents required: Salary slip/Form 16 (for Salaried), ITR (for Self-employed) and Bank statement of the last 3 months, KYC document-valid Identity proof and Residence Proof, any other document as may be required by ICICI Bank.

*Reducing rate

Two Wheeler Loan Eligibility Criteria

To apply for a Two Wheeler Loan, following are the requirements 

Age: 21 to 65* years of age

Employment type: Salaried or Self-employed

Credit score: -1, >=700

Nationality: Indian

*Maximum age at loan maturity


Two Wheeler Loan FAQs

What is a Two Wheeler Loan?

A Two-wheeler Loan enables you to buy a motorbike or scooter of your choice and pay for it in equated monthly instalments (EMIs). We offer Two-wheeler Loans to both salaried and self-employed individuals.

How can I Apply for a Two Wheeler Loan?

You may apply for a Two Wheeler Loan in the following ways:

  • Visit any ICICI Bank Branch.
  • Visit the dealership store of the Two-wheeler you are interested in and connect with an ICICI Bank Representative.
  • Apply digitally through ICICI Bank Internet Banking. Available only for ICICI Bank pre- approved customers.

What is the Maximum Amount I Can Avail through a Bike Loan?

The maximum amount you can avail is 100% of the Two-wheeler’s on-road price.

How can one Avail 100% Bike Loan finance?

100% Two-wheeler finance can be availed by ICICI Bank pre-approved customers. We also offer the same to prospective buyers based on proof of income.

Who can Apply for an ICICI Bank Two Wheeler Loan?

Anyone over 21 years of age can apply for an ICICI Bank Two-wheeler Loan. Click here to view the documentation.

What is the EMI on a Two Wheeler Loan?

The EMI for a Two-wheeler Loan depends on factors like Loan Amount, Tenure and Interest Rate. Use a bike EMI calculator to estimate your monthly payments accurately.

What is the Interest Rate on a Two Wheeler Loan?

Two wheeler Loan Interest Rates vary based on the Loan Amount, Tenure and borrower's creditworthiness. Interest rates on ICICI Bank Two-wheeler Loans range from 10.25% to 26.10%.

What is the Two-Wheeler Loan Application Process?

The Two-wheeler Loan application process involves filling out an application form, submitting required documents (ID proof, address proof, income proof) and Bank verification.

What is the Minimum Credit Score required for Two-Wheeler Finance?

The minimum credit score required for Two-wheeler finance varies based on the lender. Generally, a score of 750 or above is considered favourable, but some lenders may offer loans to applicants with lower scores.

Do I have the option to prepay the entire Two Wheeler Loan Amount?

Yes, most lenders like ICICI Bank allow prepayment of the entire Two-wheeler Loan amount. However, there may be certain charges associated with any prepayment charges or specific conditions for the same. With ICICI Bank, it is 5% + applicable GST on the Principal outstanding.

How can I reduce the Interest Rate on a Two Wheeler Loan?

To reduce the interest rate on a Two-wheeler Loan, maintain a good credit score, choose a shorter tenure, make a higher down payment and negotiate with the lender for lower rates

How can I reduce the Processing Fees on Bike Finance?

You can reduce the processing fees on Two-wheeler finance by comparing offers from different lenders, negotiating with the lender for waivers or discounts and ensuring that you meet all eligibility criteria to avoid additional charges.

Two-wheeler Loan Blogs