Looking for a Two Wheeler Loan in Pune? FynnEdge compares Two Wheeler Loan offers from partner banks and NBFCs for applicants living or working across Pune — including Hinjewadi, Kothrud, Viman Nagar, Hadapsar, Baner and Pimpri-Chinchwad — so you can check eligibility and start your application online.
Two Wheeler Loan is typically available from ₹20,000 to ₹500,000 over a tenure of 6–48 months, at lenders' published rates of 8.50%–38.00% p.a.
Lenders typically assess: Salaried or self-employed with a regular income; Minimum age as per lender policy; Reasonable existing obligations relative to income.
Documents commonly required: PAN Card, Address Proof, Income Proof, Vehicle Quotation/Invoice.
Eligibility and final terms are set by the lender at the time of application — the figures here are indicative starting points, not a guarantee of approval or of the exact rate you'll be offered.
Two Wheeler Loan in Pune EMI calculator
Estimate your monthly instalment and see the full year-by-year principal and interest breakdown.
Maximum loan amount: ₹5,00,000
Lenders' published rates for Two Wheeler Loan: 8.50%–38.00% p.a..
Maximum tenure: 4 years (48 months)
Monthly EMI
₹4,546
Total interest
₹9,094
Total payment
₹1,09,094
Indicative only — your actual EMI depends on the lender's exact rate and terms at sanction.
Principal vs. interest
- Principal 91.7%
- Interest 8.3%
Principal & interest paid per year
Time on the x-axis, amount repaid on the y-axis — early on leans toward interest, later on toward principal.
Full breakdown, starting this month
Assumes your first EMI falls this month — click a period to see every month within it.
Oct 2026 – Sep 2027 Principal paid₹47,884 Interest paid₹6,663 Total paid₹54,547
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Oct 2026 | ₹3,837 | ₹708 | ₹4,546 | ₹96,163 |
| Nov 2026 | ₹3,864 | ₹681 | ₹4,546 | ₹92,298 |
| Dec 2026 | ₹3,892 | ₹654 | ₹4,546 | ₹88,407 |
| Jan 2027 | ₹3,919 | ₹626 | ₹4,546 | ₹84,487 |
| Feb 2027 | ₹3,947 | ₹598 | ₹4,546 | ₹80,540 |
| Mar 2027 | ₹3,975 | ₹570 | ₹4,546 | ₹76,565 |
| Apr 2027 | ₹4,003 | ₹542 | ₹4,546 | ₹72,562 |
| May 2027 | ₹4,032 | ₹514 | ₹4,546 | ₹68,530 |
| Jun 2027 | ₹4,060 | ₹485 | ₹4,546 | ₹64,470 |
| Jul 2027 | ₹4,089 | ₹457 | ₹4,546 | ₹60,381 |
| Aug 2027 | ₹4,118 | ₹428 | ₹4,546 | ₹56,263 |
| Sep 2027 | ₹4,147 | ₹399 | ₹4,546 | ₹52,116 |
Oct 2027 – Sep 2028 Principal paid₹52,116 Interest paid₹2,431 Total paid₹54,547
| Month | Principal paid | Interest paid | Total paid | Balance remaining |
|---|---|---|---|---|
| Oct 2027 | ₹4,176 | ₹369 | ₹4,546 | ₹47,940 |
| Nov 2027 | ₹4,206 | ₹340 | ₹4,546 | ₹43,734 |
| Dec 2027 | ₹4,236 | ₹310 | ₹4,546 | ₹39,498 |
| Jan 2028 | ₹4,266 | ₹280 | ₹4,546 | ₹35,232 |
| Feb 2028 | ₹4,296 | ₹250 | ₹4,546 | ₹30,936 |
| Mar 2028 | ₹4,326 | ₹219 | ₹4,546 | ₹26,610 |
| Apr 2028 | ₹4,357 | ₹188 | ₹4,546 | ₹22,253 |
| May 2028 | ₹4,388 | ₹158 | ₹4,546 | ₹17,865 |
| Jun 2028 | ₹4,419 | ₹127 | ₹4,546 | ₹13,446 |
| Jul 2028 | ₹4,450 | ₹95 | ₹4,546 | ₹8,995 |
| Aug 2028 | ₹4,482 | ₹64 | ₹4,546 | ₹4,514 |
| Sep 2028 | ₹4,514 | ₹32 | ₹4,546 | ₹0 |
Lenders offering this product
Compare lenders side by side
Tick up to 4 lenders to compare them head to head, or apply with any lender directly.
- Lenders compared
- 35
- Rates from
- 8.50% p.a.
- Loan up to
- ₹1 Crore
- Tenure up to
- 7 yrs
— pick at least one more to compare. — showing only your picks.
| Lender | Interest rate | Loan amount | Tenure | Processing fee | Eligibility | Apply |
|---|---|---|---|---|---|---|
IDFC FIRST Bank
Bank
Lowest rate
|
Interest rate 8.50% p.a. onwards Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹20 Lakh |
Tenure 6–60 mo |
Processing fee ₹500–₹40,000 + GST Fee detailsUp to 2% (min Rs 500); zero PF campaigns on select schemes; premium bikes from 8.5%, other segments from 15.99%/18.99%; up to 95% financing |
Eligibility
|
Apply Now |
L&T Finance
NBFC / HFC
Lowest rate
|
Interest rate 8.50% p.a. onwards Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹20 Lakh |
Tenure 1–5 yrs |
Processing fee ₹600–₹7,500 + GST Fee detailsPF up to 3% of loan amount or Rs 7,500 whichever lower + taxes (superbikes cap Rs 12,000); up to 100% of on-road price |
Eligibility
|
Apply Now |
|
Bandhan Bank
Bank
|
Interest rate 8.86% p.a. onwards Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 1–4 yrs |
Processing fee ₹600–₹25,000 + GST Fee detailsUp to 5% of loan amount + taxes; up to 95% funding; age 18 with co-applicant |
Eligibility
|
Apply Now |
Indian Bank
Bank
|
Interest rate 8.90% – 10.40% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–4 yrs |
Processing fee ₹200–₹10,000 + GST Fee detailsTwo-wheeler: 1% of loan amt, max Rs10,000 + GST. ROI 8.90-10.40%; margin 25-30% |
Eligibility
|
Apply Now |
|
ICICI Bank
Bank
|
Interest rate 10.25% p.a. onwards Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹30 Lakh |
Tenure 1–3 yrs |
Processing fee ₹800–₹120,000 + GST Fee detailsPF up to 4% of loan + documentation ₹500 + RC ₹600 + GST; Q1 FY27 disbursed range 17%-18%; pre-approved flat PF ₹1,500 |
Eligibility
|
Apply Now |
Canara Bank
Bank
|
Interest rate 10.40% – 15.25% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–5 yrs |
Processing fee ₹1,000–₹5,000 + GST Fee detailsVehicle loan processing 0.25% (min ₹1,000, max ₹5,000) + GST; 50% waiver till 30-Sep-2026; ROI by credit risk grade 10.10–15.00% (RLLR 8.00% w.e.f. 12-Mar-2026) |
Eligibility
|
Apply Now |
|
City Union Bank
Bank
|
Interest rate 10.45% – 12.95% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹3.5 Lakh |
Tenure 1–3 yrs |
Processing fee ₹750–₹4,400 + GST Fee detailsEBLR + 4.75 (<3 yrs) / +5.25 (>3 yrs); PF 1.25% min Rs 750; CM: up to Rs 3.5L or 10x income, 36 months |
Eligibility
|
Apply Now |
|
Interest rate 10.50% – 11.60% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–5 yrs |
Processing fee ₹500–₹2,000 + GST Fee detailsCent Vehicle 2W: 0.50% min Rs500 max Rs2,000 + GST. ROI RBLR+2.00% to RBLR+3.10% (10.25-11.35%) by CIC score; min gross annual income Rs1.80 lakh |
Eligibility
|
Apply Now | |
|
Indian Overseas Bank
Bank
|
Interest rate 11.10% – 14.40% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–6 yrs |
Processing fee ₹500–₹5,000 + GST Fee detailsup to 90% of cost; processing waived for electric 2-wheelers; Pushpaka PF 0.50% min Rs500 max Rs5,000 (charge schedule) |
Eligibility
|
Apply Now |
Punjab National Bank
Bank
|
Interest rate 11.10% – 11.60% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 2–5 yrs |
Processing fee ₹500–₹1,000 + GST Fee details0.50% (min ₹500, max ₹1,000) excl. GST; PNB Saarthi up to ₹1.5L (₹10L for superbikes ≥200cc); salaried 10.85–11.85%, others 11.35–12.35% |
Eligibility
|
Apply Now |
|
Punjab & Sind Bank
Bank
|
Interest rate 11.35% – 15.65% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 1–3 yrs |
Processing fee ₹1,000–₹1,250 + GST Fee detailsPSB Apna Vahan 2W: 0.25% of loan amt, min Rs1,000 + GST; 10% margin (nil for govt salary a/c holders) |
Eligibility
|
Apply Now |
|
Bank of Maharashtra
Bank
|
Interest rate 11.45% – 14.30% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹50,000 – ₹25 Lakh |
Tenure 1–5 yrs |
Processing fee ₹500–₹5,000 + GST Fee detailsMahabank Vehicle Loan (2W): 0.50% of loan amt, min Rs500 max Rs5,000 + GST. ROI RLLR+3.15% = 11.20% (750+) to 14.05% (<600); super bikes Rs5-25 lakh; 15% margin; income Rs2.5 lakh pa salaried / Rs3 lakh others |
Eligibility
|
Apply Now |
State Bank of India
Bank
|
Interest rate 11.70% – 15.70% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹50,000 – ₹3 Lakh |
Tenure 1–5 yrs |
Processing fee ₹1,500–₹9,000 + GST Fee details3% of loan amount + GST; 50% waiver for salary package customers |
Eligibility
|
Apply Now |
HDB Financial Services
NBFC / HFC
|
Interest rate 12.00% – 32.00% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 6–48 mo |
Processing fee ₹1,200–₹29,500 Fee detailsUp to 95% of on-road price; max Rs 5 lakh; PF up to 5.90% inclusive of GST; application fee up to Rs 500; min take-home Rs 10,000 (salaried) / ITR Rs 1.2 lakh (self-employed); flat max = PF cap (Rs 500 was application fee) |
Eligibility
|
Apply Now |
Tata Capital
NBFC / HFC
|
Interest rate 12.50% p.a. onwards · Flat rate Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹15 Lakh |
Tenure 6–60 mo |
Processing fee ₹800–₹60,000 + GST Fee detailsUp to 4% + applicable taxes; documentation up to Rs 1,999 |
Eligibility
|
Apply Now |
Bank of Baroda
Bank
|
Interest rate 12.65% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–5 yrs |
Processing fee ₹750–₹1,000 + GST Fee detailsbob Green Wheel (EV): flat ₹750 + GST (≤₹10L), ₹1,000 + GST (>₹10L), ROI 7.60–11.15% |
Eligibility
|
Apply Now |
Federal Bank
Bank
|
Interest rate 13.50% – 16.00% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 1–4 yrs |
Processing fee ₹100–₹5,000 + GST Fee detailsBB: 17% (<500cc) / 12.5% superbike; take-home Rs 20k |
Eligibility
|
Apply Now |
|
UCO Bank
Bank
|
Interest rate 13.60% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹1 Lakh |
Tenure 1–4 yrs |
Processing fee ₹500–₹1,000 + GST Fee details1% of loan amt, min Rs500. Max Rs60,000 standard (Rs1 lakh premium bikes); ROI 9.00-10.25% by CIBIL; salaried 21-55 yrs, non-salaried 21-60 |
Eligibility
|
Apply Now |
|
HDFC Bank
Bank
|
Interest rate 14.50% p.a. onwards Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–4 yrs |
Processing fee ₹500–₹25,000 + GST Fee detailsUp to 2.5% of loan amount + documentation up to 2.25%; NIL PF for MSE loans up to ₹5 lakh with URC; rack from 14.50%, IRR Apr-Jun 2026 9.99%-25.02% |
Eligibility
|
Apply Now |
|
Axis Bank
Bank
|
Interest rate 15.00% – 25.00% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹25,001 – ₹10 Lakh |
Tenure 1–4 yrs |
Processing fee ₹600–₹25,000 + GST Fee detailsUp to 2.5% of loan + GST; documentation ₹750 + GST; super bike loans from ₹1 lakh up to 60 months; min income ₹1.44 lakh p.a. |
Eligibility
|
Apply Now |
Cholamandalam Finance
NBFC / HFC
|
Interest rate 15.00% – 28.00% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 1–5 yrs |
Processing fee ₹200–₹25,000 + GST Fee detailsUp to 100% of bike value; rates/fees not published on product page; IRP Dec-2025: 2W 15%-28%, admin/PF 0.75%-5% + GST, sourcing fee Rs 500-2,500 |
Eligibility
|
Apply Now |
Hero FinCorp
NBFC / HFC
|
Interest rate 15.00% – 38.00% p.a. Rate verified 13 Oct 2026 · lender's rates |
Loan amount ₹10,000 – ₹3.5 Lakh |
Tenure 6–60 mo |
Processing fee ₹0–₹8,500 Fee detailsSchedule of charges: PF Rs 0-8,500 (inclusive of GST); doc charges Rs 0-5,000; ROI up to 38-40% for EV/used/Harley variants |
Eligibility
|
Apply Now |
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹5 Lakh |
Tenure 6–60 mo |
Processing fee ₹400–₹20,000 + GST Fee detailsUp to 4% (new) / up to 2% (select) and up to 4% for used vehicles; up to 100% of ex-showroom price; foreclosure 5% within 12 months / 4% after; ROI up to 28%; tenure 6-60 months |
Eligibility
|
Apply Now | |
Bajaj Finance
NBFC / HFC
Longest tenure
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹35,000 – ₹21 Lakh |
Tenure 6–84 mo |
Processing fee ₹1,800–₹105,000 Fee detailssalaried max age 60 and non-salaried 70 at application; PF up to 5% incl. taxes |
Eligibility
|
Apply Now |
Bank of India
Bank
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–5 yrs |
Processing fee ₹1,000–₹5,000 + GST Fee detailsTwo-wheeler/old vehicle: 1.0% of loan amt, min Rs1,000 max Rs5,000 + GST; 50% concession for e-vehicles. ROI RBLR+2.15% salaried (10.25%) / +2.25% non-salaried (10.35%) |
Eligibility
|
Apply Now |
IndusInd Bank
Bank
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹15,000 – ₹10 Lakh |
Tenure 1–3 yrs |
Processing fee ₹200–₹15,000 + GST Fee detailsUp to 95% on-road funding; PF up to 1.5% + taxes; up to 60 months for high-end/super bikes; min gross salary ₹10,000 |
Eligibility
|
Apply Now |
Karur Vysya Bank
Bank
Highest amount
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹1 Crore |
Tenure 1–5 yrs |
Processing fee ₹1,000–₹7,500 + GST Fee detailsVehicle value <= Rs 2 lakh: 1% (min Rs 1,000); Rs 2-10 lakh: Rs 3,000; > Rs 10 lakh: Rs 7,500; margin 10-15%; ROI 10-15% per product page |
Eligibility
|
Apply Now |
|
Kotak Mahindra Prime
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹15 Lakh |
Tenure 9–60 mo |
Processing fee ₹4,000 + GST Fee detailsPF 6% of loan + documentation Rs 4,000 + GST; up to 95-100% of on-road price; premium bikes Rs 1.5-15 lakh up to 85% LTV |
Eligibility
|
Apply Now |
|
Mahindra Finance
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹2 Lakh |
Tenure 1–3 yrs |
Processing fee ₹200–₹4,000 + GST Fee detailsUp to 80% LTV on new two-wheelers; students 18+ with parent co-borrower; rate ceiling/PF not published - typical values |
Eligibility
|
Apply Now |
Manappuram Finance
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹2 Lakh |
Tenure 1–5 yrs |
Processing fee ₹400–₹4,000 Fee detailsVehicle loan vertical offers two-wheeler finance; rate card not published online; IRP 2W band 15%-32%; group 2W scheme: 12-60 months, PF 2% incl GST, age 21-65 |
Eligibility
|
Apply Now |
Muthoot Finance
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹2 Lakh |
Tenure 1–2 yrs |
Processing fee ₹200–₹4,000 + GST Fee detailsMuthoot Finance vehicle loan (two-wheeler, up to 100% funding); rate card not published online - branch quote; age 18-70, Rs 96,000 p.a. (official); 2-yr tenure |
Eligibility
|
Apply Now |
|
Shriram Finance
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹10,000 – ₹2 Lakh |
Tenure 1–5 yrs |
Processing fee ₹500–₹10,000 + GST Fee detailsUp to 95% of on-road price; PF up to 5%; EV loans capped at 36 months; unorganised-sector applicants need co-applicant; Rs 10,000-2 lakh; IRP new 2W band 10%-30%; CIBIL 600+, income Rs 10,000 p.m., 1 yr job |
Eligibility
|
Apply Now |
|
TVS Credit
NBFC / HFC
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹2 Lakh |
Tenure 1–5 yrs |
Processing fee ₹1,200–₹17,700 Fee detailsUp to 95% funding of on-road price; official page lists processing/admin/documentation fees but no amounts; rate range per aggregator; SoC: PF max 8.85% new / 5.9% used incl GST; age 18-65; 1 yr vintage |
Eligibility
|
Apply Now |
Union Bank of India
Bank
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹10 Lakh |
Tenure 1–5 yrs |
Processing fee ₹500 + GST Fee detailsUnion Miles: flat Rs500 + GST for 2-wheeler. New 2W ROI EBLR+3.10% = 11.10% (CIC 700+) / 11.20% (<700); Green 2W 10.90-11.00% |
Eligibility
|
Apply Now |
Yes Bank
Bank
|
Interest rate Check current rates Rate confirmed by the lender when you apply |
Loan amount ₹20,000 – ₹25 Lakh |
Tenure 1–5 yrs |
Processing fee ₹400–₹50,000 + GST Fee detailsPart-prepayment 5% (13-24 months) / 3% (after 24 months); rate on request |
Eligibility
|
Apply Now |
Not sure which lender fits? Check your eligibility with all 35 lenders with a single application.
Check eligibilityRates are each lender's own published figures, checked against the lender's website on the date shown. The rate, amount and approval you are offered depend on the lender's assessment of your profile — FynnEdge does not guarantee approval, disbursal or any particular rate.
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You could go directly to a bank. But why apply for a Two Wheeler Loan in Pune through us?
One profile, many lenders
Share your details once — we match you against multiple lenders' criteria instead of you applying to each one separately.
Clear, upfront eligibility
See which lenders you're likely eligible for, with plain-language reasons, before you apply.
A fully online journey
Check eligibility, compare lenders and apply — all online, without a branch visit.
Free EMI & credit tools
Plan your EMI and check your credit score for free, before you commit to anything.
Guidance, not just a listing
We help you understand your options and why a lender is or isn't a fit — not just hand you a list.
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Comparing and applying through FynnEdge is free. Any lender fees are disclosed upfront by the lender.
What our customers say
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Hyderabad
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