Apply for Instant Loan
We assist you in purchasing the ride of your dreams by providing customizable two-wheeler loans. You can choose from a variety of tenures and down-payment amounts to find the financing solution that is right for you.
Apply NowLoans from ₹10,000/- to ₹3,50,000/- available for all Hero MotoCorp Two Wheelers
Flexible Tenure of up to 60 months
Quick Decisioning in under 15 minutes
High LTV of up to 95%
Our Top 10 Picks for the Best High Mileage Electric Bikes and Scooters in India
बाइक फाइनेंस से जुड़ी कुछ जरूरी बातें
A Beginner's Guide for Buying a Bike
Two Wheeler Loans are similar to any other vehicular loan, such as new or used car loans
The asset (motorcycle or scooter) is hypothecated to the financier such as Hero FinCorp
Upon paying the last EMI, the borrower receives a No Objection Certificate from the lender, which is required for removing the Hypothecation from the vehicle’s registration papers.
Freedom & Convenience : It is the first step towards convenience, mobility & freedom, allowing you to go wherever you want, whenever you want.
Safety : Personal transport offers safety, and with one’s own wheels, you never have to worry about catching a bus or train.
Saves Time & Cheap to Run : It helps save time, it is quick, reliable & economical to run.
Low Maintenance : Two Wheelers are usually low maintenance, with minimal expense. Hero MotoCorp Bike’s provide years of trouble free service.
Pride of Ownership : A bike comes with ownership pride and nothing can match this feeling.
Body Style : Choose the style best suited to your usage, such as cruiser, sport, touring, etc.
Seat Height & Weight : One should be comfortable while sitting on the bike and should be able to manage the weight.
Engine Size : Large engines are powerful but less efficient, small engines are better for cities, but bigger engines are more suited for highways.
After Sales Service & Running Costs : Trusted brands like Hero MotoCorp offer great after sales service & low running costs.
Resale : If you plan to upgrade within 2-3 years, then consider Resale Value, else buy the bike of your choice.
New vs. Used : Beginners could buy a used two wheeler, however a new one offers peace of mind, warranty, and ownership pride.
Small Manageable Monthly Payments : If you have spare cash, then purchase outright else go for easy finance from Hero FinCorp.
Quick Loan Processing : The application process for such loans is quick & easy requiring little documentation, making it very convenient.
Offers : Financing may be bundled with schemes & offers, like lower interest rate, discounted processing fee/ insurance, etc.
Guarantor Not Required : Most loans require a guarantor but bike loans usually don’t, this helps in expediting the approval process.
Quick Approvals : These loans feature quick approvals, Hero FinCorp offers decisioning on most bike loan applications within 15 minutes.
Loan Amount : ₹10,000/- to ₹3,50,000/-
Loan to Value (LTV) Ratio : Up to 95%
Low & Attractive Interest Rates
Flexible Tenure : up to 60 Months
Available for : Salaried, self-employed professionals, and more.
Higher Loan Amount
Competitive Interest Rates
Minimal Documentation
Multiple Tenure Options
Several Repayment Modes (PDC, ECS, NACH, Cash, etc.)
Quick & Hassle-free Processing
Hero FinCorp offers the following two ways of applying for two-wheeler loans:
Visit the Hero FinCorp two-wheeler loan section on our website
Scroll down to the ‘Apply for a Loan’ section.
Enter your details and select the ‘Hero MotoCorp Two-Wheeler dealership’ from where you want to buy the vehicle.
Select the checkbox to agree to our ‘terms and conditions’ and click on ‘Apply Now’.
Once we receive your application, our representative will get in touch with you soon.
To apply for two-wheeler finance offline, just follow the steps below:
Visit the nearest ‘Hero MotoCorp Two-Wheeler dealership’. To check the nearest dealership in your city, click here.
Talk to a representative at the dealership regarding your request.
Submit the KYC and income proof documents, and one passport size photograph along with the duly filled-in loan application form.
Depending on the documents submitted and the ease of verification, your loan will be approved within 24 hours to 48 hours.
Two-wheeler loan interest rates vary from one lender to another. The rates are generally dependent on the following factors:
At Hero FinCorp, we offer competitive two-wheeler loan interest rate that suits your budget and finances.
While availing a two wheeler loan, the EMI is a very crucial factor that comes into play. EMI or Equated Monthly Installment is the amount that you pay monthly to the financial institution from which the loan was availed. These installments comprise the principal amount and interest rate on the loan. EMIs facilitate the borrower to pay back the loan over a period of time, in equal monthly installments. Until the last EMI, the vehicle will be hypothecated to the lender.
To ease your repayment, Hero FinCorp has introduced the concept of MMI or Meri Monthly Instalment to make two wheeler loans even more accessible. Under this, you get the liberty to select the amount of monthly installments, as per your own convenience. The sales executive will design a loan plan for you as per the selected MMI amount. The tenure of the loan, along with the rate of interest, are the major factors that determine the amount of monthly instalments. Contrary to the concept of EMI, where, the rate of interest and the tenure of the loan are considered first, MMI, gives you the opportunity to select an instalment amount you can afford to pay, and the tenure is fixed later.
Most lenders have their presence online and therefore, enable the use of two wheeler loan EMI calculator on their respective websites. Using these tools, you can enter the loan amount, rate of interest and the loan tenure to get an estimate of the EMI that you will be paying.
Hero FinCorp offers an online two-wheeler loan calculator to help you calculate and evaluate your loan EMI.
An EMI stands for equated monthly installments. The installment comprises of two components principal and interest. EMI’s provide you with ease and benefit of paying back your loan amount over a long period of time via fixed monthly payments.
You have to mail a self-attested copy of any KYC document as mentioned earlier in the Eligibility & Documentation section to our customer care e-mail ID – Customer.Care@HeroFinCorp.com or walk in to any of our branches along with your KYC documents.
New phone number details can be changed by calling our call center helpline. This could be done as soon as your contact details changes in order for us to service you better.
Special schemes are available from time to time. Get in touch with a Hero FinCorp representative at any Hero MotoCorp dealership to get information on the latest schemes and offers.
Yes. However, any loan approval will be based on your credit score and eligibility for the given product.
Yes. Once you clear your loan without any defaults, you may be eligible for a special scheme.
Yes, this can be done as per the foreclosure terms mentioned in your loan agreement.
Your loan will be processed within 24 hours subject to the documents and verification requirements.
No, neither can be changed.
Yes! You can pay your installment and other dues online through our Online EMI payment option, located on the header of our website.
You need to visit a Hero MotoCorp Two-Wheeler Dealership and ask for a Hero FinCorp representative, we will be happy to assist you with your loan requirement. You may also visit our website or Social Media Pages and provide your contact details, post which our representative will get in touch with you shortly.
No. You only have to submit your KYC documents along with bank details for loan approval. Until the loan is repaid, the vehicle will be hypothecated to Hero FinCorp.
You can borrow up to 95% of On-Road Price of the vehicle (subject to applicable terms & conditions). Exact percentage would depend upon your credit score and eligibility.
Ranging from 6 months to 60 months
Down payment is a small initial amount that you will need to pay at vehicle dealership. It’s the difference between On-Road Price and disbursed amount to you.
To ensure a smooth experience, we charge a nominal processing/ document fee and applicable stamp duty. You can get detailed information from our representatives at a Hero MotoCorp Two Wheeler Dealership.
Once you have completed your loan repayment, we will process and close your loan, post which a physical copy of the NOC will be sent to your registered address. You may also contact our customer care number at 1800-102-4145 or write to us at Customer.Care@HeroFinCorp.com.
You can get your NOC once you’ve paid your entire loan amount and any corresponding dues applicable.
Yes, you can apply for another loan.
No, a guarantor is not required.
Your spouse or any blood relative staying at the same residence as yours can be a co-applicant.
The cheques submitted, will be defaced and retained. And in case you wish to get back your cheques, kindly lodge a request with our customer care or write us an email at Customer.Care@HeroFinCorp.com.
Two Wheeler Loans in Pune Two Wheeler Loans in Indore Two Wheeler Loans in Ahmedabad Two Wheeler Loans in Bangalore Two Wheeler Loans in Chennai Two Wheeler Loans in Agra Two Wheeler Loans in Ludhiana Two Wheeler Loans in Bhubaneswar Two Wheeler Loans in Chandigarh Two Wheeler Loans in Delhi Two Wheeler Loans in Hyderabad Two Wheeler Loans in Lucknow Two Wheeler Loans in Patna Two Wheeler Loans in Jaipur Two Wheeler Loans in Guwahati Two Wheeler Loans in Mumbai Two Wheeler Loans in Panipat Two Wheeler Loans in Coimbatore Two Wheeler Loans in Kochi Two Wheeler Loans in Kolkata
Subscribe to our newsletter and get exclusive deals you wont find anywhere else straight to your inbox!