Two Wheeler Loan

Two-Wheeler Loan

Owning a two-wheeler today is more than convenience—it’s a necessity that offers freedom and flexibility. With Kotak Mahindra Prime Ltd. Two-Wheeler Loan, you can achieve your dream of owning a two-wheeler with minimum effort and maximum ease.

Why Choose Kotak Mahindra Prime?

Hassle-free loans tailored to your needs

Easy processing, fast approvals

Flexible tenure options

Ideal for first-time buyers and upgrades

Check your eligibility to apply for a two-wheeler loan.

I/we hereby authorise Kotak Mahindra Bank & Kotak Mahindra Prime to contact me at the given mobile number/email address. This consent will override the registry with DNC. By sending an SMS / calling us / clicking on the links mentioned, I/ we hereby giving consent to receive call / communication from Kotak Mahindra Prime Ltd. and other Kotak Group Companies or subsidiaries for marketing purposes through telephone / Mobile / SMS / Email for the selected financial product (Two-Wheeler Loan) and that such consent shall prevail over any current or subsequent registration of my / our number in the National Do Not Call Registry.

Documents	Salaried Concerns	Self Employed Firm	Proprietary	Partnership	Companies
KMPL App. Form duly filled	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 year, 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 authorising 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.

Description	Charges
Part / Full Pre-payment charges on Principal Outstanding	5.21% for part/full prepayment within and 1/2 of original loan tenure for each part prepayment/full prepayment 3% after completion of 1/2 of original loan tenure (Effective for loans sanctioned on or after 1st April 2026)
Issue of Duplicate Copy of the Agreement/Duplicate NOC/ NOC of duplicate Registration Certificate	Nil
Cancellation of Contract (other than foreclosure and prepayment charges)at specific request of the Borrower and agreed by the Lender	₹2000 + Interest calculated at Customer ROI for number of days between the date of disbursement and the date of receipt of funds, at specific request from customer for cancellation of contract - beyond mandatory cooling off period, if applicable.
Clearing Mandate swap Charges	₹400 per instance
Repayment Schedule/Account Outstanding Break up statement	For Physical copy ₹300 per instance (No charges for online copy through email/through customer portal)
LPG / CNG NOC	₹350 per instance
Statement of accounts /Foreclosure report - Physical	For Physical copy ₹300 per instance (No charges for online copy through email/through customer portal)
NOC for Interstate Transfer	₹350 per instance
NOC for Commercial to personal use	₹350 per instance
NOC to Convert from Private to commercial	₹350 per instance
Legal / Collections / Incidental Charges	At actuals
Repossession Charges	At actuals (Max ₹15,000)
Amalgamation / Transfer of Equity/Assignment	1000.0
Dishonour Charges per Clearing Mandate	₹750 per instance
Change in EMI date	₹1000 per change + Differential interest for the number of days at contractual rate will be charged
Processing charges/Documentation charge/Credit Administration charge (Documentation charge includes RTO charges, NACH charges, RCU Charges, valuation charges, etc as applicable)	Processing charges:(non refundable) 6% of Loan amount Documentation charges (non refundable) : ₹4,000 Stamping charges, CERSAI, etc at actuals (non refundable).
Delayed Payment / Late Payment Charges on Overdue	18% p.a
Charges for Breach of Other Material Terms and Conditions including Event of Default and/or any other conditions stipulated as mentioned in any loan/facility agreement or Sanction Letter or any other agreement	Penal charges 2% p.a or proportionately shall become due & payable on underlying exposure (from the day of breach)

w.e.f. 1st April, 2026 (for loans sanctioned on or after 1st April 2026)

Note: Goods and Service Tax (GST) as per applicable rate will be levied separately as may be applicable from time-to-time.

Frequently Asked Questions

Which two-wheelers can be financed by KMPL?

KMPL finances almost all two-wheelers manufactured by leading automobile companies in India.

We also finance imported bikes subject to fulfilment of specific terms & conditions and basis the credit discretion of KMPL.

Up to what amount does KMPL finance a two-wheeler?

KMPL finances up to 95%* of the on-road price of the vehicle.

What is the tenure of financing options?

At KMPL, the loan tenure ranges from 12 to 36 months, depending on your preference and eligibility.

What is the time taken to process my loan?

Loan tenure ranges from 12 to 36 months, depending on your preference and eligibility.

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Disclaimers: Two-Wheeler loan offer is from Kotak Mahindra Prime Ltd, a subsidiary of Kotak Mahindra Bank Ltd. Loan disbursement will be subject to complete documentation and credit approval at sole discretion of Kotak Mahindra Prime Ltd. and subject to guidelines issued by RBI from time-to-time. KMPL may engage the services of marketing agents for the purpose of sourcing loan assets. Available at select locations. CIN: U67200MH1996PLC097730. *T&C Apply.