TWO WHEELER LOANS
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.
Loans from ₹10,000/- to ₹1,00,000/- available for all Hero MotoCorp Two Wheelers
Flexible Tenure of up to 48 months
Quick Decisioning in under 15 minutes
High LTV of up to 95%
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 ₹1,00,000/-
Loan to Value (LTV) Ratio : Up to 95%
Low & Attractive Interest Rates
Flexible Tenure : up to 48 months
Available for : Salaried, self-employed professionals, and more.
Higher Loan Amount
Competitive Interest Rates
Multiple Tenure Options
Several Repayment Modes (PDC, ECS, NACH, Cash, etc.)
Quick & Hassle-free Processing
I applied to Hero FinCorp for a 2-wheeler loan only after considering many options for financing and calling my bank and many companies. Hero FinCorp offers low interest rates with excellent customer service, and I felt that they were the best choice to finance my motorcycle dream. I enjoyed interacting with the Sales Executive, and am very thankful for the ease and simplicity of his service.
Aasif Immam, Bhopal
The good part about HFCL is their quick loan process which is hassle free and customer friendly. Their interest rates are low and the process is completely transparent. Also, my relationship manager has been very helpful and supportive. He explained me the entire process and was ready to wait when I said i need time for some documents. Overall, I am happy with their services and would recommend HFCL to anyone who needs quick and easy Two-wheeler loans.
Manish Singh, Udaipur
After submission of my documents, Mr. Sanjay delivered my Maestro to me within 2 hours only. He was clear about the scheme and told me about every little detail like documents required, EMI, down payments, due dates, bouncing charges etc. Every month, I receive an SMS from Hero FinCorp asking me to maintain my balance in my bank account and a call from customer care 4 days before the month ends. Really it is very good for me.
Rahul Maheshwari, Aligarh
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 to 48 hours depending upon 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.
We offer multiple tenure options ranging from 12 months to 48 months (subject to conditions).
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 loan amount sanctioned 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.
To avail a two wheeler loan, you have to be an Indian and above 18 years of age. You can be a salaried individual employed for at least 1 year with minimum 6 months in your present position, or self-employed with 1 year experience in your present business. Bike finance loans usually require you to submit address and identity proofs, income proofs like bank statement or salary slips, passport size photographs etc. Bike finance interest rates are low and the tenure can go up to 48 months. The loan to value ratio can go up to 95% of the on-road price of the bike as well. Availing a 2 wheeler loan from Hero FinCorp, a leading bike finance company, will benefit you through attractive bike loan interest rates, minimum documentation, and easy and fast processing. You can repay flexibly with cash, NACH, ECS, PDS and more. The loan is processed in 24 to 48 hours usually, and you get to prepay too as per the terms of foreclosure. No collateral is demanded for loan for two wheelers, and the down payment is small as well. You won’t need any guarantor for this loan, and your spouse or any blood relative living in the same house with you can be co-applicants.