Top Offer for Used 2 Wheeler loan

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

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Used 2 wheeler Term Loan

With LoanTap’s Used 2 wheeler Loan you can choose the model of your choice for an easy and affordable daily commute. This is an ideal option if you are looking forward to purchasing any two wheeler ranging from INR 20,000 to INR 1,00,000. You can repay back your used 2 wheeler loan in Fixed Equated Monthly installments where interest is recalculated on the fresh principal outstanding every month. This offer is best suited for you if you are sure of the exact loan amount and tenure and your income is constant.

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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

Avail Used 2 Wheeler Loan online in less than 24 hours.

Flexible Repayments

Choose how you want to repay your Loan for 2 Wheeler. You can avail a fixed EMI option spread throughout the loan tenure.

Minimum Documentation

You can get a Used 2 Wheeler on EMI with basic minimum documents

Transparent Process

Our Used 2 Wheeler Loans come with No hidden or pre-closure charges.

Eligibility criteria for availing Used 2 Wheeler Loan

If you are looking forward to buy a 2 Wheeler on EMI, you must qualify under the below mentioned eligibility criteria

  1. Individuals with a minimum income of INR 10,000 can apply for a Used 2 Wheeler Loan
  2. Indian Citizen/Residents who are 21 years & above
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Basic Documents required for availing Used 2 Wheeler Loan

If you are looking forward to buy a 2 Wheeler on EMI, you must qualify under the below mentioned eligibility criteria

  1. PAN Card
  2. Salary Slips (last 3 months)
  3. Salary Account Bank Statement (3/6 months)
  4. Address Proof
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Benefits of opting for a Used 2 Wheeler

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

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

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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How we provide Used 2 Wheeler Loans in 24-36 hours

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Online Application

Apply online and upload basic documents to get a Used Car on EMI. You can opt for KYC verification online which would take only about 2 minutes

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Record your time for Representative visit

Download documents as per checklist, sign and handover to our representative

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KYC & Fund Transfer

After loan approval, we activate instant disbursal of your Used 2 Wheeler Loan

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Apply Using WhatsApp

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