Two Wheeler loan for Gigsters
Fast Processing and approval
Minimal documentation
Perfect two-wheeler loan product for the gigsters/freelancer/self-employed
Loan eligibility starts with one year of Gigsters experience
Attractive interest rates and convenient repayment terms
Loan Amount- From ₹26,000 upto ₹4 lakh (for commuter lifestyle vehicle) and upto ₹50 lakh for Premium Superbike.
Get up to 100% finance on specific models if you are an HDFC Bank account holder, and avail attractive interest rates.
Flexible repayment tenures range from 12 to 48 months
Individual must be an Indian resident
A gigster or a self-employed professional
Minimum 1 year of freelancing/gig experience and overall 2 years of work experience
Age between 21 and 70 (at the end of loan tenure)
A. Identity proof: Any one of the following:
B. Income proof (if applicable): Any one document out of the following:
How to apply for the loan
Apply for a GIGA Two Wheeler Loan today!
HDFC Bank offers up to 100% on-road funding. It is applicable for both existing customers as well as new customers based on customer profiles.
At HDFC Bank, we have not specified a minimum credit score for getting a GIGA TwoWheeler Loan. However, a lower credit score may lead to the approval of lower loan amounts. A credit score more than 750 is generally considered excellent.
HDFC Bank offers flexible tenures on their GIGA Two Wheeler Loan. The minimum and maximum tenure are from 12 to 48 months.
No, but in case you don’t meet the bank’s norms, then you may be required to have a guarantor surety. A guarantor becomes a co-endorser and assumes liability in the event of default to stand surety for your loan.
Loan processing and disbursement will take at least 7 working days post submission of all requisite documents and information as may be required by the bank as per bank’s criteria.
Yes, you can get a GIGA Two Wheeler Loan. It is not mandatory to have an account with us.
Repayments are enabled through Standing Instructions (SI) for HDFC bank account holders and through NACH for external account holders. If the repayment through these instruments is not cleared, there are alternate digital repayment modes, viz. PayZapp, GPay, BillDesk, Paytm etc.
Yes, you can pre-pay the loan any time after three months of availing of the loan at a nominal charge.
Kindly note: Cash Payment up to Rs 49,000 will be accepted towards pre-payment of the loan, and DD/MC/Cheques are also accepted.