Two Wheeler Loan Rates & Fees

Get instant two-wheeler loans at competitive interest rates and processing fees from HDFC Bank. If you are a HDFC Bank customer, enjoy 2% lower interest rates and a 50% discount on processing fees.

Get instant two-wheeler loans at competitive interest rates and processing fees from HDFC Bank. If you are a HDFC Bank customer, enjoy 2% lower interest rates and a 50% discount on processing fees. Pay no hidden charges and experience a completely transparent process. Get quick disbursals, with approvals in 15 minutes

Enclosed below are HDFC Bank Two Wheeler Loan Interest Rates & Charges

Charges to avail a Two Wheeler Loan

Fee	Amount to be paid
Rack Interest Rate	Starting from 14.5% basis vehicle segment and customer credit worthiness.
Loan Processing Charges	Upto 2.5% of the Loan Amount NIL Processing Fees for loan facility up to Rs. 5 Lakh availed by Micro & Small Enterprises subject to URC submission prior to disbursal
Stamp Duty & Other Statutory Charges	As per applicable laws of the state
Documentation Charges	Up to 2% of the loan amount
Registration Certificate (RC) Collection Fees	Up to Rs 600/-
RTO Charges	At Actual

Charges Post Loan Disbursement

Fee	Amount to be paid
Delayed Instalment Payment Charge	18% p.a. on overdue instalment amount
Legal, Repossession & Incidental charges	At actuals
Amortization Schedule Charges	₹ 50/-
Repayment mode change charges	₹ 500/-
Payment Return Charges	Rs. 450/-
Loan Cancellation Charges	NIL (However client would be charged interest for the interim period between date of loan disbursement and loan cancellation. Processing Fees, Documentation Charges and Stamp Duty would be retained.)

Premature Closure Charges

Fee

Amount to be paid

Premature closure charges (on principal outstanding)

Up To 12 months - 6% of principal outstanding 13-24 months from 1st EMI  repayment - 5% of principal outstanding Post 24 months from 1st EMI  repayment  - 3% of principal outstanding ​​​​​​​NIL Prepayment Charges for Fixed rate loan facility up to Rs. 50 Lakh availed by Micro & Small Enterprises and Closure from Own Source Please have a service request registered regarding Two - Wheeler Loan foreclosure. ​​​​​​​ Click here to raise an online token for the same

Other Charges

Fee	Amount to be paid
No Due Certificate / No Objection Certificate (NOC	Nil
Duplicate NOC	Rs. 250/- per request
CIBIL Charges (only on request)	Rs. 50
Special NOC Charges	Rs 200/-
Loan Rebooking/ Reschedulement Charges	Rs 400/-

Rates Offered To Customer During The Period Of July 2023 - September 2023

Product	Average
	Min IRR	Max IRR	Avg IRR
SUPER BIKE TWO WHEELER LOAN	9.45%	18.25%	10.65%
TWO WHEELER LOAN	9.99%	24.04%	18.93%

Annual Percentage Rate Offered To Customer During The Period Of July 2023 - September 2023

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Product	Average
	Min APR	Max APR	Avg APR
SUPER BIKE TWO WHEELER LOAN	9.45%	18.26%	10.65%
TWO WHEELER LOAN	9.99%	24.04%	18.94%