Skip to content

ICICI Bank Two Wheeler Loan

Two Wheeler Loan

For the different individual,  two-wheeler serves for different purposes. For some, it is fulfilling a dream, while for others it represents a mode of transportation that can take them efficiently from one place to another. While most of us dream of owning that dream of a motorcycle or scooter but only a few can fulfill it because of lack of financing. Luckily bank has provided the facility of two wheeler loans, which makes owning a two-wheeler has become easier for any individual.


Features of Two Wheeler Loan

Popularity: Two wheeler loan finance allow the customers to pay their EMI comfortably.

Funding: Many banks have made the funding of up to 90% to 95% depending on an individuals case.

Credit Score: To avail the two wheeler loan, the customer should have a civil score of at least 700 and above.

No prepayment charges: Banks do not charge any prepayment charges if you are able to pay up your loan amount before the termination of tenure.

Extra charges covered: Two wheeler loans cover the cost of various things like accessories, insurance, and even registration. It concludes that the customer can get finance for not only on the vehicles but the essential expenses on the same.

 Tenure of Loan: Customers are provided with reasonable time for the repayment of their two wheeler loan in a  tenure that ranges from 12 to 48 months and in some cases it extended to 5 years.



Two wheeler is a financial product where you can borrow money from banks. The process is very easy and simple. ICICI Bank provides a two wheeler loan in an online way and offline way as well, you can apply in either way. ICICI Bank is well known as the financial organization that caters its customers with enormous benefits. Bank has a very wide network all over India. In the following table criteria for eligibility and the documentation, a requirement is included which gives a fare sight of the benefits of two wheeler loan.


Eligibility Criteria


Min. age -21 years

Max. age-65 years

Employment Status

Salaried individual / self-employed

Employment Tenure

1 year of salaried individual and 6 months for self-employed

Min Annual Income

Rs.84,000/- ( salaried individual)

Rs.72,000/- (self-employed)


Documentation Required

Photo ID proof

2 to 6 Colored passport size photograph

Identity proof

Passport/Voter ID/Driving license/Adhaar card/Pan card

Residence proof

Electricity bills/passport/voter id/driving license/Telephone bills/Pan card

Bank Statement

Last six months

Residence Proof

Electricity bills/rental agreement/property/driving license/ration card


Rate of Interest

The interest rates provided by the banks are very reasonable and it ranges from 12.50 %.


How to apply for two wheeler loan?

To apply for the two wheeler loan click on the given link below:

  1. After visiting on the given link above fill the application form online.
  2. Enter your credentials carefully
  3. Your contact number is required so that an executive can call you in no time
  4. All the queries can be handled by customer care
  5. You will get the disbursal on the same day if processing is done smoothly.