The following are eligible to apply for a Two Wheeler Finance: 

Individuals:

• Salaried or self-employed

• Age between 21 and 65 years

• Minimum monthly income of ₹10,000

Non-Individual Entities:
Registered non-individual entities like Partnership firms, Private Limited companies, Limited companies, etc.

The minimum monthly income required to be eligible for Two Wheeler loan is 10,000.

EMI for an HDFC Bank Two Wheeler Loan is calculated using the formula: E = P × r × (1 + r) ^n / ((1 + r) ^n – 1), where E is EMI, P is the loan amount, r is the monthly interest rate, and n is the loan tenure in months. The bank provides an online EMI calculator for precise calculations, factoring in loan amount, interest rate, and tenure.

You can apply for your Two wheeler Loan through our Online Banking services via HDFC Bank Website.
 
What’s more is, if you’re an existing customer, you may be eligible to avail of a Pre-Approved Two Wheeler Loan in 10 seconds! Log in to your NetBanking and find out more. 
 
Alternatively, you can visit the nearest branch of HDFC Bank. However, applying online via HDFC Bank NetBanking is faster and saves resources.

HDFC Bank offers up to 100% on-road funding. It is applicable for both existing customers as well as new customer’s basis customer profile.

At HDFC Bank, we haven’t specified a minimum Credit Score for getting a Two Wheeler Loan. However, a lower Credit Score may lead to the approval of lower loan amounts. Make sure your Credit Score is more than 750, which is generally considered excellent.

HDFC Bank offers flexible tenures on their Two Wheeler Loans product. The minimum and maximum tenure are from 12 months to 60 months.

Yes, you can opt for premature closure of loan with applicable premature closure charges after expiry of Cooling off/look-up Period - 3 days from the loan disbursal date.

Please click on the link to view premature closure charges.

No, but in case if you don't meet the Bank's norms then you may be required to have a guarantor surety. A guarantor becomes a co-endorser and assumes liability in event of default to stand surety for your loan.

Loan Processing and disbursement will take at least 7 working days post submission of all requisite documents and information as may be required by the bank as per Bank’s criteria.

Yes, you can get an HDFC Bank Two Wheeler Loan. You need not necessarily have an account with us. 

Repayments are enabled through Standing Instructions (SI) for HDFC bank account holders and through NACH for external account holders. If the repayment through these instruments is not cleared, there are alternate digital repayment modes viz.
Payzapp, Gpay, bill desk, Paytm, etc.

Customer can raise his request digitally on below link

HDFC Bank provides multiple ways for you to reduce the interest rate on your Two Wheeler Loan. All you have to do is open a Women Saving Account to get a 2% lower interest rate, or a Savings Max Account to save Rs. 2,375.

With HDFC Bank you can get the option of reducing your processing fees. Open a Women’s Savings Account or a Savings Max Account with HDFC Bank and you can avail of a 50% discount on the processing fees of your Two Wheeler Loan.

https://apply.hdfcbank.com/vivid/retailassets for the below-mentioned service request.

• Statement of Account

• Interest Certificate

• Foreclosure Enquiry

• Foreclosure Request

• Balance confirmation

• Change in repayment Instructions

• Reissue NOC for vehicle loans(chargeable @rs 500/- per request for duplicate/special NOC)

• Change in e-mail address

• GST Invoice

Customer can also call on (STD Code)-61606161 or can write a mail at Loansupport@@hdfc.bank.in

Alternatively, customer can visit the Retail loan branch. You can find the nearest retail loan branch of the bank from the below link.

https://v.hdfcbank.com/branch-atm-locator/