Key facts
What the official sources publish
Every value below belongs to this exact product. Select a source marker to check its context.
Eligible vehicleHigh-end, premium or sports motorcycle
Source 1Current fixed interest-rate range12.55% to 14.55% p.a.
Source 2Published loan range₹1.5 lakh to ₹25 lakh
Source 3Minimum borrower margin15% of on-road price for Salary Package customers; 20% for others
Source 4Maximum repayment period60 months
Source 5Minimum annual income₹3 lakh for salaried, pensioner, professional and business applicants; ₹4 lakh for agriculturists
Source 6Processing fee2% of loan amount, maximum ₹10,000, plus GST
Source 7Benefits and features
- Loan up to ₹25 lakh
- Five-year maximum tenor
- Lower 15% margin for Salary Package customers
- Fixed rate for full tenor
Eligibility
- Applicants must be aged 21 to 57.
- Agriculturists can apply without an income-tax return but have a higher income threshold.
Passing a listed condition does not mean the bank will approve an application.
Documents the bank lists
- Application and KYC
- Income evidence appropriate to applicant type
- Recent bank statements
- Premium-bike quotation and registration documents