SBI Bike Loan - Two Wheeler Loan Interest Rate, Eligibility

Here, we will know in detail that SBI Bike Loan What is the interest rate, eligibility, documents of this loan and how can we apply for this loan etc

[{"selector":"#anim-4eca1201-e7cc-46de-a392-f57fadcbb578 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-7c01bbde-25e3-49ef-8da5-56b25cede340","keyframes":{"transform":["translate3d(-129.55466%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2196193b-b2c6-4dd4-80e5-dd05d1a7377e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6eac6e75-2bc7-4e31-880a-af5a98a928b8","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

SBI mainly offers two types of bike loans. There is SBI Two Wheeler Loan Scheme and the other There is a Super Bike Loan Scheme.

[{"selector":"#anim-c3765c76-7c56-43a2-b34d-ed13ba0277b2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-e8df078f-1834-42ab-85b9-d103abdf870f","keyframes":{"transform":["translate3d(-129.55466%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-81e312ed-4a3b-4296-817f-0092ffd085de","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd0b2c14-bdd0-4b5c-9c7d-2e6c6ba7b972","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Interest Rate For SBI Two Wheeler Loan Scheme : 16.95% to 18.70% p.a. For Super Bike Loan Scheme : Based on the CIBIL score of the applicant.

[{"selector":"#anim-b608160a-0df5-42bf-865e-35182d45ce68 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-7286e308-1a7b-4d85-b533-41c382fe4213","keyframes":{"transform":["translate3d(-129.55466%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-70e2dac2-fd0c-4ffd-91b6-ce1bbe39a964","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bfdcb09d-0e86-4e46-ab18-16484519f0ca","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

SBI Two Wheeler Loan Scheme: Up to Rs 2.50 lakh. Super Bike Loan Scheme: Up to Rs.25 lakh.

[{"selector":"#anim-0608afc6-e2dc-458c-beb5-cd30b42b0c0c [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-35b2862e-1bc3-4bcf-8e5d-fcb402c1d1d2","keyframes":{"transform":["translate3d(-129.55466%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b13eaad3-eb5b-47d5-9518-38b5ce4f45cb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d7bfc67a-8b1e-47af-abf0-431f8e421662","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Applicant's age should be between 21 to 57 years. The net annual income of both the applicant or the co-applicant (if any) should be Rs.3 lakh.

[{"selector":"#anim-f1a41fe2-ec4e-4ba1-bdb2-af2872185da2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(28.90624987200394%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-1d5e337f-f055-45ba-86e1-ba150d53294b","keyframes":{"transform":["translate3d(-130.36436%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-527b69e2-d1a2-42be-bfde-def6a8732e72","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-610bea2e-9732-4e45-aac0-4323785ce669","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

You can calculate the EMI of your loan by visiting the official website of the bank with the help of Bike loan EMI Calculator.

[{"selector":"#anim-473cca4b-061e-426d-97e4-80cc9f690921 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-d5b1535d-edfc-4aa1-8b5a-fc123c62b651","keyframes":{"transform":["translate3d(-130.36436%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6e5e1c87-8b88-4c20-9f08-4d7eed7b3ed2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e05dbc9d-a6cf-477b-b563-b21e559aaec5","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

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

[{"selector":"#anim-9d6b7c06-f0c5-47f8-82fb-e9986a5e6a86 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0) translate(25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.14,.34,.47,.9)","fill":"forwards"}] [{"selector":"#anim-3b6771d6-45af-4d18-8e8e-915942790a34","keyframes":{"transform":["translate3d(-130.36436%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-52c69010-e457-4f25-bba7-efdc8e3fb428","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5105507a-ef8a-4b51-83f9-62ea077bc8ad","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}] Learn more