Desktop

Introducing Our Tailored Two-Wheeler Financing Solutions for Mid-Premium Segment

Step into the future with a two-wheeler loan designed for those who like to define their own path. We offer a tailored loan experience that fits your ambitions. With loan amounts up to ₹5 lakh, we make it easier for you to upgrade your ride and your lifestyle. Whether you're looking for flexibility with our Banking Surrogate program or prefer our simple Income Proof solution, we've got you covered. 

 

With competitive interest rates and flexible repayment tenures, you're in control of your financial journey. This loan option is your chance to Create Your Own Path—giving you the freedom to ride in style, on your terms.

Key Features:

  • Loan amount: ₹1,75,000 – ₹3,00,000 (Banking Surrogate)
  • Loan amount: Rs. 2,75,001 – 5,00,000 (for Income Proof program)
  • Loan amount: Rs. 1,00,000 to Rs. 2,50,000 [Non-Income Proof]
  • Interest Rates: 14.49%-18.49% [IRR]
  • Tenure: 12 to 60 months

Top Benefits

  • Financing up to 90% of the on-road price
  • Flexible repayment tenure up to 60 months
  • Competitive interest rates
arrow

Minimum Requirements

KYC documents

One passport-size photograph

Age Eligibility Criteria

  • Minimum age of 21 years and maximum 60 years at the time of Loan Maturity

Two-Wheeler Mid Premium Loan EMI Calculator

Calculate and compare your EMI in few seconds with our Two-Wheeler Loan EMI Calculator.

Months
per annum

Break-up of Total Payment

 

Monthly Loan EMI

 

Principal

 

Total Interest

 

Total Payment 
(Principal + Interest)

 

Disclaimer: The data generated herein is completely and solely based on the information/details provided by you and such information and the resultant data is provided only for user's convenience and information purposes. Ujjivan SFB does not guarantee accuracy, completeness or correct sequence of any the details provided therein and therefore no reliance should be placed by the user for any purpose whatsoever on the information contained / data generated herein or on its completeness / accuracy.

The use of any information set out is entirely at the User's own risk. User should exercise due care and caution (including if necessary, obtaining of advice of tax/ legal/ accounting/ financial/ other professionals) prior to taking of any decision, acting or omitting to act, on the basis of the information contained / data generated herein. Ujjivan SFB does not undertake any liability or responsibility to update any data. No claim (whether in contract, tort (including negligence) or otherwise) shall arise out of or in connection with the services against the bank. Neither Ujjivan SFB nor any of its agents or licensors or group companies shall be liable to user/ any third party, for any direct, indirect, incidental, special or consequential loss or damages (including, without limitation for loss of profit, business opportunity or loss of goodwill) whatsoever, whether in contract, tort, misrepresentation or otherwise arising from the use of these tools/ information contained / data generated herein.

Schedule Of Charges:

 

PARTICULARSMid Premium Two-Wheeler Loans
Processing FeeUp to 4% of loan amount + GST or ₹ 10,000[inclusive of GST]
whichever is lower (w.e.f 13th Feb 2026)
Document chargesUp to ₹ 2000 plus GST (w.e.f. 13th Feb 2026)
Stamp chargesAt actuals
Credit Life InsuranceAs applicable
EMI bounce charges₹ 500 plus GST
Late payment fee2.25% p.m on EMI overdue amount capped at ₹1000+GST
(w.e.f 13th Feb 2026)
Pre-closure charges
  • 2% of principal outstanding amount + tax [if loan is pr-closed on/before 12 months from date of disbursement]
  • 1% of principal outstanding amount + tax [if loan is pre closed after 12 months from date of disbursement].
  • In both scenarios maximum capping is at Rs.3000[inclusive of tax]
Loan cancellation charges
  • Nil (However client would be charged interest for the interim period between date of loan disbursement to loan cancellation and Processing fee, Documentation charges &Stamp duty will be charged)
Legal processing & incidental chargesAt actuals + GST
Other chargesInterest certificate – ₹ 50+ GST
Loan Account Statement – ₹ 50+ GST
Duplicate NOC – ₹ 500+GST
Amortization schedule – ₹ 100+GST

Frequently Asked Questions

1. What is a two-wheeler loan for the mid-premium segment?

A two-wheeler loan for the mid-premium segment is designed for those who aspire to ride beyond the ordinary. Ideal for those who want to create their own path, this financing option offers faster approvals, higher loan amount, competitive interest rates, and flexible repayment tenures – empowering you to choose a ride that reflects your journey, lifestyle and ambition.

2. What is the loan amount I can avail under this two-wheeler loan?

You can avail up to Rs. 5 lakh under the mid-premium segment, with varied schemes including Banking surrogate, Income proof and Non Income Proof.

3. What is the rate of interest applicable on this loan?

The interest rate starts from 14.49%

4. What is the repayment tenure available?

We offer flexible repayment tenure up to 60 months, allowing you to plan your EMI as per your comfort.

5. Who is eligible to apply for this loan?

Age Eligibility criteria: Minimum age of 21 years and maximum 60 years at the time of Loan Maturity

6. Are there any processing charges or hidden fees?

No, there are no hidden fees. Processing fees of up to 4%, is applicable. Details of all other applicable charges are mentioned here: Schedule of charges

7. Can I prepay or foreclose my two-wheeler loan?

Yes, prepayment and foreclosure options are available. Terms and any applicable charges will be shared in your loan agreement.

8. How much financing can I get?

You can get up to 90% financing of the on road price of the vehicle.

9. What is banking surrogate program?

Banking surrogate programs is a program where customer’s eligibility is decided based on customer’s bank statements. It is ideal for self-employed individuals who have variable income source.

#Ujjivanblogs

Latest Blogs

Catch up on the latest blog updates from your trusted bank!

Why Ujjivan's Chakra Loan Is Your Best Bet for Two-Wheeler Financing

Aarav, a young delivery executive in bustling Bengaluru, had a dream—owning a two-wheeler. 

Important Factors to Consider Before Buying a New Bike

Purchasing a new bike in India is an exciting yet significant decision.

Total Cost of a Two-Wheeler Loan: How to Calculate It?

Planning to purchase a new bike or scooter?

Customer Speak

Apply for Loan

Open Online