This is a charge applied if you choose to repay your entire loan before the end of the contracted loan term.
5% of the principal outstanding at the time of foreclosure
Get a Tata Capital two-wheeler loan with interest rates starting from 11.99% p.a. Loan amounts range from ₹20,000 up to ₹15 lakh for premium and superbike segments, with flexible tenure from 12 to 60 months. Rates depend on your CIBIL score, income, employment type, and vehicle chosen.
| Type of Fee | Applicable Charges |
|---|---|
| Processing Fees | The processing fee is a non-refundable fee levied by Tata Capital while processing your loan application. You are charged this one-time fee even if the loan does not get sanctioned. |
| Documentation Charges | This fee covers the cost of verifying your documents, completing necessary compliance checks, and conducting due diligence before your loan is disbursed. |
| PDD - Post disbursal document charges | This charge is applied for managing the Registration Certificate (RC), including document storage, administrative handling, and record management. |
Tata Capital offers the lowest two wheeler loan Interest Rate 2026 @12.5%* p.a. | Tata Capital flat rate (may vary as per the product and profile)
Two-wheeler loans in India are primarily offered at fixed interest rates, though some lenders provide floating-rate variants. Understanding both structures helps you choose what suits your financial situation.
Pros of Fixed Interest Rates:
Predictable EMIs throughout the tenure make budgeting easier
Beneficial in rising interest rate environments where floating rates would increase your EMI
No exposure to market volatility
Cons of Fixed Interest Rates:
Do not benefit from falling interest rates
Fixed rates are typically higher than initial floating rates
Pros of Floating Interest Rates:
Benefit from any rate reductions when RBI cuts policy rates
Lower initial rates compared to fixed rate options
Zero prepayment charges on floating-rate loans to individuals per RBI rules
Cons of Floating Interest Rates:
EMI can increase if market rates rise
Less predictable, harder to budget for long-term
Foreclosure charges
This is a charge applied if you choose to repay your entire loan before the end of the contracted loan term.
5% of the principal outstanding at the time of foreclosure
Repossession Charges
This is a charge applied when an asset is repossessed due to non-repayment of the loan.
At Tata Capital, you will be charged Rs. 8000
Statement of Accounts Charges
This is a charge applied for providing a physical copy of the Statement of Account – a statement having a list of all transactions made in your loan account during a given period.
At Tata Capital, you will be charged
Customer portal – Nil
Branch walk-in - Rs. 250
Foreclosure Report Charges
This is a charge applied for providing a physical copy of the foreclosure report.
At Tata Capital, you will be charged
Customer portal – Nil
Branch walk-in - Rs. 250
Duplicate NOC Charges
This is a charge applied for issuing a physical copy of the duplicate No Objection Certificate (NOC) due to any reason.
At Tata Capital, you will be charged Rs. 300
Stamp Duty
This is a government-mandated fee required for legally registering your loan agreement.
a) For loan amounts ₹ 85,000 and below– Rs. 0
b) For loan amounts above ₹ 85,000– At Actuals
Charges for delay in RC hypothecation
This is a monthly charge applied when you fail to submit the Registration Certificate (RC) for hypothecation to the Registering Authority within 120 days from the date of loan disbursement.
At Tata Capital, you are charged, Rs.1000/-per month till the time of registration/noting with the authority, where RC hypothecation is pending beyond 120 days post disbursement.
Loan Cancellation Charges
This is a charge applied if you request loan cancellation after the cooling-off period.
At Tata Capital, you will be charge
2% of the loan amount
OR
Rs. 5750/- (whichever is higher)
Part- Prepayment Charges
This is a charge applied if you choose to repay part of your loan before the end of your loan tenure.
5% of Part-Prepayment amount at the time of part-prepayment
Note: GST, other government taxes and levies as applicable, will be payable on all fees and charges.
Disclaimer:
Penal Charges, if any, in case of delayed payments
This is a charge for late EMI payments, calculated based on the number of days your EMI remains unpaid.
At Tata Capital, For default in payment of interest and/ or principal amounts 3% per month on defaulted amount (Annualized Penal Charge of 36%)
Dishonour of any cheque/ payment instruments
These are those charges that are levied in case of an EMI bounce per instance. In other words, these charges are levied when you miss a Two wheeler loan EMI payment due to inadequate funds in your bank account. At Tata Capital, you’ll be required to pay Rs. 600 per instrument per instance
Mandate Rejection Service Charge
Charges will be levied if new mandate form is not registered within 30 days from the date of rejection of previous mandate form by borrower’s bank for any reasons whatsoever. Tata Capital charges a nominal amount of Rs. 450.
Loan amount
Loan duration
Loan duration
Rate of interest
Monthly EMI
Total Amount Payable
0*
Total Interest Payable
0*
Total Amount Payable
Total Interest Payable
Multiple factors combine to determine your two-wheeler loan interest rate. Understanding these helps you improve the rate you receive:
CIBIL score: Higher scores (750+) unlock the best rates. Below 700, rates rise significantly
Income and employment stability: Higher and stable income signals lower risk
Loan amount: Larger loans sometimes qualify for better rates
Loan tenure: Shorter tenures mean higher EMIs but lower total interest paid over the loan period
Vehicle type: Standard commuter bikes vs premium/superbikes may attract different rates
Down payment: Higher down payment reduces the loan amount and often unlocks better rates
Existing customer relationship: Loyal Tata Capital customers may receive preferential rates
Improve your CIBIL score to 750+ before applying
Clear existing debt to lower your debt-to-income ratio
Maintain stable employment for at least 2 years before applying
Make a higher down payment to reduce the loan amount and unlock better rates
Compare offers before applying across banks, NBFCs, and dealer-linked finance
Apply during promotional periods for reduced processing fees or rate concessions
Choose electric two-wheelers that may qualify for green concessions
Age: 21 to 65 years
Minimum monthly income: ₹15,000 for salaried applicants
Self-employed income: Minimum ₹1.5 lakh annually
Residential stability: Minimum 1 year at current address
Employment stability: Minimum 1 year at current job for salaried, 2 years business vintage for self-employed
CIBIL score: 700+ preferred
Nationality: Indian resident
Valid two-wheeler driving licence
Yes, your credit score plays a significant role in determining the interest rate for a two-wheeler loan. Rates of interest will be low if you improve your credit score.
When applying for a two-wheeler loan, several important fees and charges may apply:
1. Processing fees: Up to 4% + applicable taxes (non-refundable)
2. Documentation charges: Up to Rs. 1,999
3. PDD charges: Rs. 500 for post-disbursal document management
4. Foreclosure charges: 5% of principal outstanding + GST
5. Repossession charges: Rs. 8,000
6. Statement of accounts: Nil via portal; Rs. 250 at the branch
7. Foreclosure report: Nil via portal; Rs. 250 at the branch
8. Duplicate NOC: Rs. 300
9. Stamp duty: Rs. 0 for loans ≤ Rs. 85,000; at actuals above Rs. 85,000
10. RC hypothecation delay: Rs. 1,000 per month after 120 days of disbursement
11. Loan cancellation: 2% of the loan amount or Rs. 5,750 (whichever is higher)
12. Part-prepayment: 5% of prepaid amount
13. Penal charges: 3% per month on overdue EMIs (36% annualized)
14. Cheque bounce: Rs. 600 per instrument
15. Mandate rejection: Rs. 450 per instance
The minimum down payment for a bike depends on the loan amount and your eligibility. Typically, lenders require you to pay a portion of the bike’s cost upfront, which reduces the loan burden and improves approval chances.
However, with Tata Capital, you can get up to 100% financing for loans of up to Rs. 2.85 lakhs, meaning you don’t need to make any down payment at all if you meet the eligibility conditions.
The Annual Percentage Rate (APR) for a two-wheeler loan is the total yearly cost of your loan, including both the interest rate and applicable fees, expressed as a percentage. It gives you a clearer picture of the actual borrowing cost. APR is calculated by considering:
The interest rate charged on the loan amount
Additional fees and charges, like processing and documentation fees
The loan tenure, which spreads these costs over the repayment period
Here are the eligibility criteria for a two-wheeler loan from Tata Capital:
Age: Salaried applicants must be 21–60 years old at loan maturity, while self-employed individuals must be 21–65 years old.
Residential stability: Minimum one year of residence at the current address is required.
Employment stability: At least one year of continuous work or business experience is needed.
Credit score: A healthy score (ideally 750+) improves approval chances.
At Tata Capital, the loan tenure for a two-wheeler loan ranges from 6 to 60 months, giving you flexibility in repayment. The tenure you choose directly impacts your EMI:
A longer tenure lowers your EMI but increases the total interest paid.
A shorter tenure raises your EMI but reduces the overall interest outgo.