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Two Wheeler Loans
Owning a Two wheeler can be a simple, easy and reliable experience with Two Wheeler Finance from Kotak Mahindra Prime Limited (KMPL). KMPL may offer up to 100% funding of the On-Road price of the vehicle.*
Preferred segment Two Wheeler loans:-
- Funding up to 100% on road price with a tenure range of 12 to 48 months*
- Minimum loan amount is Rs. 25,000 *
- Hassle-free processing
Loan processing time:-
Within 24 hours of completing documentation. Credit is at the sole discretion of KMPL.
Salaried Individuals
- Minimum age of Applicant: 18 years
- Maximum age of Applicant at loan maturity: 65 years
- Minimum Income of Rs 15000 per month
Self Employed
- Minimum age of Applicant: 18 years
- Maximum age of Applicant at loan maturity: 65 years
- Minimum employment: At least 1 year in business
- Monthly average bank balance of Rs.5000
| Documents | Salaried Concerns | Self Employed Firm | Proprietary | Partnership | Companies |
|---|---|---|---|---|---|
| KMPL App. Form duly filled by you | Y | Y | Y | Y | Y |
| Latest Salary Slip showing statutory deductions | Y | - | - | - | - |
| Bank statement for last 3 months | Y | Y | Y | Y | Y |
| Proof of Residence (copy of electricity/ telephone bill) | Y | Y | Y | Y | Y |
| Proof of identity (PAN Card, Voter ID, Driving license, Passport, Aadhar) | Y | Y | Y | Y | Y |
| Signature Verification from your Banker / Voters ID / IT PAN card / IT Return / Driving License/ Passport | Y | Y | Y | Y | Y |
| Computation of Income for the last 1 years certified by CA | - | Y | Y | Y | Y |
| Copies of Income Tax Returns for the last one year | - | Y | Y | Y | Y |
| Partnership Deed | - | - | - | Y | - |
| Letter of Authority | - | - | - | Y | - |
| Shareholding pattern, BO, MOA and Board Resolution authorizing one director to execute the agreement | - | - | - | - | Y |
| Photograph (one signed by the customer), Partner in case of partnership firm and Director in case of company | Y | Y | Y | Y | Y |
| RC copy | Y | Y | Y | Y | Y |
| Insurance Copy | Y | Y | Y | Y | Y |
* T&C
Loan amount and tenure subject to decision. Credit at sole discretion of KMPL.
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Request a call back
Click here Click here to apply and get a call from us.
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Apply through SMS
SMS <TWLOAN> to 5676788
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Email us
- What is the time taken to process my loan?
KMPL can give you loan within 24 hours upon completing documentation
- What is the tenure of financing options?
At KMPL, we give you financing option from a minimum of 12 months and up to 48 months
- Up to what amount does KMPL finance a two-wheeler?
KMPL finances up to 100%* of the On-road price of the vehicle
- Which Two- Wheelers can be financed by KMPL?
KMPL finances almost all two-wheelers manufactured by India's leading automobile companies (except electric two-wheelers). We also finance imported bikes subject to fulfilment of certain terms and conditions and basis the credit discretion of KMPL.
GST