Two Wheeler Loan

Apply for Two Wheeler Loan - Karur Vysya Bank

No matter what two wheeler you want-right from a Moped to a 500cc racer bike our two wheeler Loan scheme is designed for you. So go ahead, it's your choice. Comfortable repayment options for the bike of your dreams.


  • It is available to all Individuals.
  • It is for the Purchase of a two wheeler for personal use



Maximum Repayment Tenor

36 Months -EMI

SCHEME ROI (floating) p.a.
Two wheeler loan One-year  MCLR + 5.35%

Primary security

Hypothecation of Vehicle purchased out of bank finance.

Collateral security

Optional (NSC/KVP/LIC Policies, Bank Deposits, Land & Building etc.,)


Optional. A suitable Guarantor with sufficient net worth , acceptable to the Bank (preferably spouse or family members or friends)

Insurance Coverage for the Borrower

Available to the extent of Loan amount with  BAGIC payable by the Borrower. (As per choice of the Borrower)

Processing charges

As per Norms

Other Terms & Conditions

  • The Net Take Home pay after deducting the proposed Loan Installments shall be at least 25% of gross pay.
  • Payment directly to seller by way of DD/NEFT/RTGS/ Account credit/ etc.,
  • Branches will verify credit worthiness, integrity, local standing and repayment capacity of the borrower before entertaining the proposals under the Scheme
  • An undertaking from the employer to deduct loan installments and interest from the salary of the borrower in case of salaried employees shall be insisted on.