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Loans

Super Bike Loan

Explore the most flexible, quick and cost-effective way
to own your dream two wheeler

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Age of the Applicant

21 years – 58 years

Preapproved Offer 

for Selected Axis Bank Customer

Special Benefits

Additional 8 % funding on accessories invoiced at the time of delivery

Axis eDGE Rewards

Earn reward points for completing transactions

Features and Benefits

Interest Rates and Charges

For Loans with tenure upto 36 months

1 Yr MCLR Spread over MCLR Effective ROI Reset Processing Fee Documentation Charges
8.40% 2.10% - 15.60% 10.5% - 24% No Reset Rs.5000 Rs 500

For Loans with tenure more than 36 months

Effective ROI Processing Fee Documentation Charges
10.5% - 24% Rs.5000 Rs 500

Details of Charges:

Stamp Duty At Actuals
Cheque Bouncing Charges Rs 500/-
Late Payment Penalty 2% per month
Cheque Swapping Charges Rs 500/-
Loan Cancellation / Rebooking Charges Rs 1000/-
Statement Charges Rs 500/-
Duplicate Repayment Schedule Charges Rs 500/-
Documentation Charges Rs 500/-
Duplicate No Dues Certificate / NDC Rs 500/-
Foreclosure Charges 5% of Principal Outstanding plus service tax
Part Payment Charges 5% of Principal Outstanding plus service tax
Issuance of Credit Report Rs 50/-

* All of the above charges are subject to change as per Bank's discretion from time to time

* Service tax as applicable will be levied

* Part payment will be allowed twice in a loan calendar year & once in loan calendar month

* The minimum amount accepted for part payment will be equal to one EMI & maximum amount will be 25% of balance principal in one year



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