Premium Bike Loans

Never thought that owning super bike could be this quick!

Pre-approved loans for Premium Bike can be easily applied online from LoanTap. We give 100% value of vehicle's on-road price, no down payment is required and that super bike is all yours!

This won't impact your CIBIL score

How does the Premium Bike Loan works?

Owning super bikes is so simple that when you walk into the showroom to get your dream bike, the
loan sanction letter is already available with you.We provide premium two wheeler loans with flexible repayment options. You can choose from flexible loans to regular EMI based loans depending upon your current financial obligations. You decide.

LoanTap's Advantage


Why LoanTap's Premium Bike Loan?

Instant approval and disbursal

Online process, minimal manual transactions

Flexible Re-payment

Better monthly cash outflow as compared to regular two wheeler loan

Funding upto 100% LTV

No down payment required with super bike loan

Transparent Processes

No pre-payment charges after 6 months, No hidden charges

eligibility-criteria

Eligibility Criteria for Premium Bike Loan

1

Salaried Professional with monthly income more than Rs 30,000

2

Individual working with a limited/private limited company or in a government job

Check My Instalment

Check your reduced tentative monthly outflow as compared to personal loan or two wheeler loan. Representative withdrawal of Rs 1 Lakh from your overall sanctioned limit.

Key Features
Monthly Instalment / Minimum Payment
Time to Disburse
Tenure
Lock-in Period
Foreclosure Charges
Bank Loan LoanTap
Rs. 2327 Rs. 1500
5-7 days Next Business Day (24-36 hours)
36-48 Months 60 Months
12 Months None
4% after Lock-in Zero after 6 Months
Check My Rate
Key FeaturesLoanTap
Monthly Instalment / Minimum Payment Rs. 1500
Time to Disburse Next Business Day (36 hours)
Tenure 60 Months
Lock-in Period None
Foreclosure Charges Zero after 6 Months
Check My Rate
Bank Loan
Rs. 2327
5-7 days
36-48 Months
12 Months
4% after Lock-in

How we make loans happen in 24-36 hours

online application
Online Application

Apply online, upload basic documents or mail us

record your time
Record your time for representative visit

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

verification sanction disbursal
Verification, sanction and disbursal

We check documents, verify them and activate instant disbursal online

Frequently Asked Questions


LoanTap offers up loan up to 100% of on road vehicle price. Final loan amount decision is done on basis of your eligibility and credit checks.
We need below documents for processing your loan request-
  • PAN
  • Address proof
  • 3 months’ pay slips
  • 6 month’s salary account bank statement
However, we might request for few other documents if need arises during credit checks.
Yes, the vehicle purchased needs to be hypothecated to partner NBFC.
In this loan, interest amount needs to be paid every month and in every 6 months a bullet amount needs to be paid towards outstanding principal amount. Interest amount is revised post bullet payment of principal amount.
There is no exclusive list of dealers. You may apply almost for any bike belonging to any dealership-in locations where LoanTap is operating.
Processing fee for this loan is 2%+applicable taxes; on the gross loan amount sanctioned.
Yes, you can make higher payments towards your loan. No charges for higher payments or foreclosure are applicable post 6 months. Within 6 months you can make part payments or foreclosure-with minimal charges applicable.
Yes, you can pre-pay the loan facility post 6 months of disbursement. No foreclosure charges are applicable post 6 months of loan completion, however within 6 months you can prepay your loan with minimal charges
Premium Bike Loan is available in cities where LoanTap is operational. Currently we are providing our loans in Bangalore, Hyderabad, Chennai, Coimbatore, Mumbai, Pune, Ahmedabad, Vadodara, Raipur, Bhopal, Indore, Jaipur, Delhi-NCR and Chandigarh locations.

Many of our customer also considered following
customized personal loans

EMI Free Loan
Personal Loan
Personal Overdraft
Wedding Loan
Holiday Loan
Credit Card Takeover
Advance Salary Loan
Being Human Ecycle Loan
House Owner Loan
Rental Deposit Loan