Check your Indian Bank bike loan eligibility. Rate: 11.80 - 14.00% p.a. Max amount: ₹3 L.
Indian Bank offers bike loan at an interest rate of 11.80 - 14.00% p.a. with a maximum tenure of 5 years. The maximum loan amount is ₹3 L with a minimum monthly income requirement of ₹15,000.
| Loan Amount | Monthly EMI | Total Interest | Min Income Required |
|---|---|---|---|
| ₹50K | ₹1,656 | ₹9,616 | ₹2,906/mo |
| ₹75K | ₹2,484 | ₹14,424 | ₹4,358/mo |
| ₹1 Lakh | ₹3,312 | ₹19,232 | ₹5,811/mo |
| ₹1.5 Lakh | ₹4,968 | ₹28,848 | ₹8,716/mo |
| ₹2 Lakh | ₹6,624 | ₹38,464 | ₹11,622/mo |
| ₹2.5 Lakh | ₹8,280 | ₹48,080 | ₹14,527/mo |
| ₹3 Lakh | ₹9,936 | ₹57,696 | ₹17,432/mo |
Indian Bank Bike Loan interest rate ranges from 11.80 - 14.00% p.a. in 2026. The actual rate depends on your credit score, income, and loan amount.
Indian Bank offers a maximum bike loan of ₹3 L with a tenure of up to 5 years.
The processing fee for Indian Bank Bike Loan is 0.50% + GST.
Indian Bank Bike Loan prepayment policy: Nil after 6 months.
The minimum monthly income required is ₹15,000. Use the calculator above to check your exact eligibility based on your income.