IndusInd Bank Two wheeler Loan Interest Rate
Current IndusInd Bank Bike Loan Interest Rate 2022
| Interest Rates | 21.00% |
| Maximum Loan Amount Eligibility | 95% of Ex-ShowRoom Price |
| Maximum Loan Tenure | 3 years |
| Lowest EMI per ₹ Ten Thousand Loan Amount | ₹ 377 |
| Processing Fee | Nil |
| Prepayment Charges | Min 2% to 5% |
| Interest Calculation | EMI on a monthly reducing balance |
| Age | Between 21 years and 60 years |
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IndusInd Bank Bike Loan Interest Rates
IndusInd Bank bike loan Interest rate calculator works on various inputs like:
IndusInd Bank Two wheeler Loan Eligibility
Eligibility of 2 wheeler loan in IndusInd Bank relies upon different factors but the most important factor is your ability to repay the loan. Two wheeler loan calculator calculates eligibility of an applicant depending upon various factors like
IndusInd Bank Two wheeler Loan EMI
Two wheeler Loan EMI of IndusInd Bank is a fixed amount that you pay each month towards the repayment of your bike loan till the end of tenure. Lowest EMI offered by IndusInd Bank is ₹ 377 per ten thousand loan amount at lowest two wheeler loan interest rate of 21.00%. IndusInd Bank bike loan EMI calculator depends on factors like:
IndusInd Bank 2 Wheeler Loan Apply
IndusInd Bank gives the facility of bike loan to the people who want to fulfil their dream of having their own 2 wheeler. There are some features and benefits of taking auto loan from IndusInd Bank:
Documents Required for IndusInd Bank 2 wheeler Loan
Two wheeler loan IndusInd Bank documents for salaried employees
Two wheeler loan IndusInd Bank documents for Self-Employed
Compare Bike Loan Interest Rates of IndusInd Bank with other banks
FAQs
✅How much interest is charged by IndusInd Bank on two wheeler loan?
IndusInd Bank bike loan interest rates today are 21.00% to 27.00%.
✅What is the lowest EMI for ten thousand amount on IndusInd Bank two wheeler loan?
If you apply for a 2 wheeler loan from IndusInd Bank, your lowest EMI for ten thousand amount will be ₹ 377.
✅What is the maximum tenure of IndusInd Bank bike loan?
You can repay your bike loan from IndusInd Bank in a flexible period of maximum 3 years.
✅How much auto loan I can borrow from IndusInd Bank?
IndusInd Bank offers you 95% of Ex-ShowRoom Price of two wheeler as loan.
✅How much processing fee is charged by IndusInd Bank on bike loan?
IndusInd Bank charge a processing fee of Nil with applicable service tax.
✅Is age an eligibility factor to get two wheeler loan from IndusInd Bank?
Yes, age is an important eligibility factor to get IndusInd Bank two wheeler loan as you should be at least 21 years old at loan approval time and 60 years old at loan maturity time.
✅Are there any prepayment charges on IndusInd Bank two wheeler loan?
You can foreclose your two wheeler loan from IndusInd Bank with Min 2% to 5%.
- 2021-10-05 : IndusInd Bank Advances Grow by 10% Y-O-Y
IndusInd Bank has posted a growth in advances by 10% on a Y-O-Y basis. Retail Deposits and Deposits from Small Business Customers amounted to Rs 1,11,749 crore as of 30 September 2021 as compared to Rs 1,05,737 crore as of 30 June 2021. - 2021-02-26 : IndusInd Bank to grow loan book by 15-18%
IndusInd Bank is expecting to grow its loan portfolio by 15-18% year-on-year for the next two financial years under its fifth planning cycle.The Bank’s year-on-year growth in advances which include home, personal, LAP, two-wheeler car and gold loan along with business and mudra loan was flat at Rs 2.07 trillion until December 2020. Its deposits which include fixed and recurring deposits, grew by 10% to Rs 2.39 trillion. - 2021-01-08 : IndusInd Bank reported 11% growth in Q3 deposits
IndusInd Bank posted a 3.2% quarter-on-quarter growth in the net advances which include home, personal, car, two-wheeler, gold and education loan along with business and mudra loans in the December quarter. Further, the bank also posted a 5% quarterly growth in deposits which includes fixed and recurring deposits. - 2020-07-29 : IndusInd Bank reported a Q1 profit before tax of Rs 602.45 crore
IndusInd Bank registered a 67.8% fall in Q1FY21 net profit on the back of a five-fold increase in provisions for bad loans. Net interest income backed by a home, personal, gold, car and two-wheeler loans along with business and mudra loans grew by 16.4% year-on-year to Rs 3,309.2 crore in the quarter ended June 2020. Further, the gross bad asset ratio spiked to 2.53 per cent from 2.45 per cent in the March quarter and 2.15 per cent in the June quarter last year. - 2020-06-09 : IndusInd Bank profits dip
IndusInd Bank reported profits of ₹301.84 crores for the three months to March, down 16% on a year-on-year (y-o-y) basis, owing to rise in provisions. Its net interest income stood at ₹3,231.19 crores which were aided by a home, personal, gold, car and two-wheeler loans along with business and mudra loans grew by 44.74% from the same period last year.
