Top Offer for Used 2 Wheeler loan

LoanTap has customised Loan offers to help you purchase a pre-owned 2 wheeler.

EMI-free

EMI Free

Interest only payment every month (40% lower monthly installment versus regular EMI) coupled with Bullet Payment every 3/6 months towards Principal. Ideal when: You receive additional income or an incentive every 3-6 months
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EMI-free

Step Up

Interest only Payment for 3 months followed by fixed EMI. Gives you space to manage expenses post an event. Ideal when: Heavy expenditure is involved in a particular event such as Wedding or a Medical Emergency.
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EMI-free

Term Loan

Repayment done via Fixed Equated Monthly Installments, where EMI=Principal + Interest. Each Installment reduces both interest and Principal amount. Ideal when: You know the precise Loan Amount needed and your income is consistent.
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Why take LoanTap’s Used 2 Wheeler Loan?

Daily commutes can get easier when you own your own bike. But would you want to pay a heavy price for the best of the top hand models ? If you are looking for the best of the model at a reasonable rate, pre-owned 2 wheeler are best for you. Furthermore, avail LoanTap’s Used 2 wheeler loan and pay in small installments for 12 to 36 months!

Instant approval & disbursal

Instant approval & disbursal

Easy online process for loan sanction and fast disbursal within 24-36 hours
Flexible Repayment Option

Flexible Repayment Option

Flexibility to switch to EMI free loan, enhancement and accelerated repayment option after 6 months of disbursal
Higher Loan Amount

Higher Loan Amount

Option to choose from amount ranging from INR 50,000 to INR 10,00,000 basis your requirement
Longer Loan Tenure

Longer Loan Tenure

Flexibility to choose longer loan tenure from 6 months to 60 months making EMIs more affordable
Minimum documents

Minimum documents

We collect only what is basic minimum for all our custom personal loan products
Transparent Process

Transparent Process

No hidden charges, No pre-payment charges and secured processes
Eligibility criteria for availing Used 2 Wheeler Loan
  • Individuals with a minimum income of INR 10,000 can apply for a Used 2 Wheeler Loan
  • Indian Citizen/Residents who are 21 years & above
Basic Documents required for availing Used 2 Wheeler Loan
  • PAN Card
  • Salary Slips (last 3 months)
  • Salary Account Bank Statement (3/6 months)
  • Address Proof

Benefits of opting for a Used 2 Wheeler

Cost effective

Cost effective

Cost effective

Purchasing brand new 2 Wheeler may debit a big chunk from your bank account. To top it, a brand new 2 wheeler would cost way more than a preowned one. Thus, choosing to go for a pre-owned 2 Wheeler would help you save some bucks!

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Low Depreciation

Low Depreciation

Low Depreciation

The value of your new 2 Wheeler starts depreciating the moment it leaves the showroom. For example, the most common depreciation rate is 20% per year, summing up to 50% in the initial years itself. Selecting a pre-owned 2 Wheeler helps you avoid value depreciation.

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No additional Fees & Taxes

No additional Fees & Taxes

No additional Fees & Taxes

By choosing a pre-owned 2 Wheeler, you can avoid the government taxes like road tax, green tax as the previous owner would have done the needful during the purchase.

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