Two Wheeler Loans Revised Charges

Avail instant two-wheeler loans from HDFC Bank with attractive interest rates and low processing fees. Existing HDFC Bank customers enjoy 2% lower interest and 50% reduced processing charges.

Credit Guarantee Fund Trust For Micro And Small Enterprises CGTMSE

Know More About Two Wheeler Loans Revised Charges

Fee Amount to be paid
Rack Interest Rate Starting from 14.5% basis vehicle segment and customer credit worthiness.
Loan Processing Charges Upto 2.5% of the Loan Amount 
 
NIL Processing Fees for loan facility up to Rs. 5 Lakh availed by Micro & Small Enterprises subject to URC submission prior to disbursal
Stamp Duty & Other Statutory Charges As per applicable laws of the state
Documentation Charges Up to 2.25% of Loan Amount
Registration Certificate (RC) Collection Fees  Upto ₹ 850/- 
RTO Charges At Actual

Ways to Change Name in Bank Records

Charges Post Loan Disbursement

Fee Amount to be paid
Legal, Repossession & Incidental charges  At actuals
Amortization Schedule Charges ₹ 50/-
Repayment mode change charges ₹ 500/-
Payment Return Charges Rs. 450/-
Loan Cancellation Charges NIL (However client would be charged interest for the interim period between date of loan disbursement and loan cancellation. Processing Fees, Documentation Charges and Stamp Duty would be retained.)

# If you pay your EMI after the due date, interest will be charged on unpaid EMI for the number of days you are late. This interest is calculated at your loan’s contracted rate and will be added to your next EMI.

    Example:

  • EMI Due Date: 10th
  • Payment Made On: 25th
  • Impact: Interest for these 15 days will be added to your next EMI.

    • Please pay on time to avoid this.

No need for collateral

Premature Closure Charges

Fee Amount to be paid
 Premature closure charges
 (on principal outstanding) 		 Up to 24 months from 1st EMI  repayment - 5% of principal outstanding 
 
Post 24 months from 1st EMI  repayment  - 3% of principal outstanding 
 
NIL Prepayment Charges for Fixed rate loan facility up to Rs. 50 Lakh availed by Micro & Small Enterprises and Closure from Own Source 
 
Please have a service request registered regarding Two - Wheeler Loan foreclosure. 
 
​​​​​​​​​​​​​ Click here to raise an online token for the same 
No need for collateral

Other Charges

Fee Amount to be paid
No Due Certificate / No Objection Certificate (NOC Nil
Duplicate NOC Rs. 250/- per request
CIBIL Charges (only on request) Rs. 50
Special NOC Charges Rs 200/-
Loan Rebooking/ Reschedulement Charges  Rs 400/-
Nominal guarantee fee

Rates offered to customer during the period Apr to June 2025

Product Average    
  Min IRR Max IRR Avg IRR 
SUPER BIKE TWO WHEELER LOAN  9.65% 16.5% 10.57%
TWO WHEELER LOAN  9.99% 24.63% 19.23%
Nominal guarantee fee

Annual Percentage Rate Offered To Customer During The Period Of Apr to June 2025

Product Average    
  Min APR Max APR Avg APR 
SUPER BIKE TWO WHEELER LOAN  9.83% 18.76% 10.92%
       
TWO WHEELER LOAN  7.96% 36.89% 21.5%
Nominal guarantee fee

Note

Note: The above charges are the maximum charges applicable for each type of charge Charges which are in nature of fees are Exclusive of applicable Government taxes and other levies. Applicable Government taxes and other levies, would be charged additionally. Loan Processing fees, Documentation charges and Stamp Duty applies to documents like cheques, receipts, licenses and transaction records.is non-refundable. PDD Collection Charges are refundable in case of loan cancellation

Nominal guarantee fee

Frequently Asked Questions

Visit HDFC Bank’s official website or NetBanking portal under Two-Wheeler Loan section to view the latest charges and fees.

Processing charges vary by loan type; check HDFC Bank website or branch for updated two-wheeler loan fees and applicable terms.

Yes, early repayment or foreclosure may attract applicable fees as per HDFC Bank’s two-wheeler loan terms and conditions.

Late EMI payments attract penal interest or charges, which are specified in the loan agreement by HDFC Bank.

Yes, GST is applicable on processing fees, foreclosure charges, and other applicable two-wheeler loan charges as per government regulations.