ICICI Bike Loan – Two Wheeler Loan 2024 Interest Rate, Eligibility: Hi friends, If you want to buy the bike of your dreams and you are short of money then you can join ICICI Bank Two Wheeler Loan.
Like many banks and financial institutions, ICICI Bank provides the facility of providing loans to the customers with attractive interest rates. In this article, we will know in detail that ICICI Bank Bike loan What is the interest rate, eligibility, documents of this loan and how can we apply for this bike loan etc., so read this article till the end.
ICICI Bank Two Wheeler Loan Details
When we take a loan to buy the bike of our dreams, it is a bike loan or a two wheeler loan. bike loan Secured & Unsecured loan It is of both types. To take a secured bike loan, you have to provide collateral or security, but you do not have to give any collateral or security under the unsecured bike loan.
To apply for ICICI 2 wheeler loan your CIBIL Score should be good. If you have a good credit score, then you can get attractive credit from the bank. Bike loan interest rate With this you can take advantage of the loan. If you are an existing customer of the bank then you can get Instant Two Wheeler Loan at low interest rate.
Under ICICI Two Wheeler loan, you can get loan up to 100% of the cost of your bike. You can apply for bike loan of ICICI Bank both online and offline without any hassle. You can choose the repayment tenure and EMI of your choice for your easy payment.
ICICI Bank Two Wheeler Loan Key Fetuers
| loan name | ICICI Bank Two Wheeler Loan 2023 |
| lender | ICICI Bank |
| Loan amount | 100% of the price of the bike |
| processing fee | 2.5% of the loan amount |
| Rate of interest | Minimum – 9% Maximum – 28% |
| Application Mode | online / offline |
| loan tenure | 12 to 48 months |
| official website | https://www.icicibank.com/ |
Benefits and Features of ICICI Bank 2 Wheeler Loan
- You can avail this loan to buy your favorite bike.
- You can get loan up to 100% of the cost of the bike.
- The interest rate of ICICI bike loan depends on the profile of the applicant which may vary. For more information about the interest rate, you can contact your nearest branch or customer care.
- ICICI Instant Two Wheeler Loan in no time by applying online.
- pre-approved customers of the bank can avail flat processing fee of up to Rs.1500 on their application.
- ICICI bank also has a special pre-approved two wheeler loan offer under which you can get a maximum loan of up to Rs 3 lakh.
- These pre-approved two wheeler loan offers are only for those customers whose bank account ( ICICI Bank Account) is in this bank. Loans are provided to these types of customers on the basis of their profile.
- Simple Documentation.
- The sanction letter under Instant Two Wheeler Loan is valid for a period of 10 days, during which you can take advantage of disbursement.
ICICI Bike loan eligibility
Only those people can apply for this loan who are eligible for it. Following are the eligibility to apply for the loan:
- Any salaried and self-employed professional can apply for the loan.
- You must have a good CIBIL score to apply for the loan.
- Applicant’s age should be between 21 to 65 years.
- can get loan up to 100% of the cost of the bike.
- To take a loan, you have to apply, which you can do online or offline.
ICICI Bank Bike Loan Interest Rate 2024
The interest rate of this loan is minimum 9% and maximum 28% per annum. The bank provides loans to the customers at attractive interest rates. For more information about ICICI bike loan interest rate, contact the nearest branch of the bank or you can contact the ICICI Bank Customer Care Number.
Before applying for a bike loan from any lender, it is important for you to be properly aware of the interest rate of that loan. You can apply for the cheapest bike loan by comparing bike loan interest rates from different lenders. The interest rate plays an important role in the EMI of the loan. The higher the interest rate of your loan, the higher the EMI.
Documents Need ICICI Bank Two Wheeler Loan
Before applying for ICICI Bank Two Wheeler Loan, you should keep all your necessary documents together so that whenever the bank asks you for documents, you can show them all the documents immediately. The document is different for salaried and self-employed person. Following are the documents for ICICI 2 wheeler loan :
| salaried | self employed professional |
| application form | application form |
| KYC :- | |
| Photo | Photo |
| identity proof | identity proof |
| Address proof | Address proof |
| age proof | age proof |
| bank statement | bank statement |
| signature check | signature check |
| Income Proof :- | |
| Latest Pay Slip / Form 16 | Latest Pay Slip / Form 16 |
| ITR) for the latest one year | ITR) for the latest one year |
| Other Documentation :- | |
| Business Stability Proof / Proprietorship Proof | Business Stability Proof / Proprietorship Proof |
| employment stability proof | employment stability proof |
How to apply for ICICI Bank Two Wheeler Loan ?
If you fulfill all the conditions of this loan then you can apply for it both online and offline. To apply, follow the steps given below:
ICICI Bank Two Wheeler loan apply online
- To apply online, you must first visit the official website of the bank. icicibank.com But have to come.
- In the option of Loans on the home page of the website two wheeler loan Click on the option.
- All the information related to bike loan will come in front of you, which you have to read correctly.
- To apply, click on the option of Apply Now.
- The form will open in front of you in which you have to enter some necessary details and click on submit.
- After this the bank will contact you and the loan process will be issued further.
How to apply bike loan offline ?
- For this you have to go to your nearest ICICI Bank branch.
- Contact the bank employee who will provide you complete information about 2 wheeler loan.
- Your documents will be verified.
- You have to fill a form with which documents have to be attached and deposited in the same bank.
- If your loan is approved then the loan amount will be transferred to your bank account.
How to Check ICICI Bank Two Wheeler Loan Status ?
You can track the status of your application in two ways, online and offline. Offline you can do it by visiting your nearest bank branch. You can check online through ICICI Bank Internet banking.
- You have to first come to the official website of the bank for ICICI Bank Internet Banking.
- You have to login with the help of username and password.
- After logging in, you can check your status in your account.
How to get ICICI Bank Two Wheeler Loan Statement ?
Your loan statement contains all the information related to your loan. Such as your outstanding principal, interest rate, loan tenure, EMI etc. You can check this online and offline and download your loan statement online. To check online, you have to visit the official website of the bank and log in. You can contact your nearest bank branch to check offline.
Two Wheeler Loan Fees and Charges
| Fee details | fee amount |
| Non-refundable loan processing fee: Non-Premium/Premium Vehicles | 2.5% of the loan amount |
| Non-refundable Loan Processing Fee: Super Premium Vehicles | 1% of the loan amount |
| documentation fee | normal bike: 2.25% of the loan amount Super Bike: 1.5% of loan amount |
| Registration Certificate Collection Fee | Rs 499 |
| stamp duty | Present |
| part prepayment option | Partial prepayment of loan is not allowed |
| full prepayment fee | 5% on outstanding principal |
| Charges for late payment of loans | 2% per month on outstanding installment |
| swap fee | Rs.500 per transaction |
| bounce fee | Rs.400 per transaction |
| Duplicate Repayment/Amortization Schedule Fee | Rs.500 per schedule |
| Account Fee Details | 200 per statement |
| prepayment detail fee | Rs.100 per statement |
| Duplicate No Objection Certificate (NOC) / Due Certificate (NDC) Charges | Rs.500 per NOC/NDC |
| Revalidation of NOC Fee | Rs.500 per NOC |
| loan cancellation fee | Rs.2,000 per loan |
| Information Utility Charges (Only for Corporate Affairs) | 300 rupees |
| Cash transaction charges for repayment of EMI dues at branches | 100 rupees |
ICICI Bank Two Wheeler Loan EMI Calculator
Before applying for a bike loan, you should calculate the EMI of your loan, which makes it easy for you to find out how much EMI you will have to pay per month. You can go to the official website of the bank Two Wheeler Loan EMI Calculator With the help of this you can calculate the EMI of your loan.
As soon as you click on this link, Two Wheeler Loan EMI Calculator will open in front of you. In this, you have to select the loan amount, interest rate and loan tenure and you will get the EMI of your loan. Bike loan EMI depends on the loan amount, interest rate and loan tenure. The higher your loan interest rate and loan tenure, the higher will be your EMI.
How to login ICICI Bank Bike loan ?
- To login, first you have to visit the official website of ICICI Bank.
- Home Page Login.
- Login form will open in front of you.
- Enter username and password in it and log in.
ICICI Two Wheeler Loan Customer Care Number
If you are facing any kind of problem in applying for this loan, then you can get information by calling ICICI Bank Customer Care Number.
- Toll Free Number: 18601207777
- Email ID: [email protected]
Read Also:
- Axis Bank Bike Loan
- SBI Bike Loan – Two Wheeler Loan
- Zero Down Payment Bike Loan
- Bajaj Finance Bike Loan
- BOI Bike Loan
- HDFC Bike Loan
My Final World:
In this article we have you ICICI Bank Two Wheeler loan Provided complete information about. Any individual can take advantage of ICICI Bank Two Wheeler Loan to fulfill his bike dream.
Hope friends, you have found this article informative. If you liked this article then please share it with your friends.
FAQ’s on ICICI Two Wheeler Loan
How to apply for ICICI bike loan ?
Complete information about applying for a loan is given in this article.
How much bike loan can I get from ICICI Bank ?
You can get full 100% of the value of your vehicle.
What is the interest rate for ICICI Bank Two Wheeler Loan ?
The interest rate of this loan can range from 9% to 28% per annum.
What is the processing fee for this loan ?
Up to 2.5% of the loan amount.