You will need to repay your two-wheeler loan through Equated Monthly Instalments or EMIs where you pay a definite amount each month until your loan is repaid. Every instalment of the loan that you repay will partially be made up of principal repayment and partially by interest payment. Once you accomplish your loan repayment, you can apply for the removal of hypothecation on your vehicle and gain complete ownership.

You need not visit our branch. We are located in Surat and our representative present there will be glad to assist you. Our decision on your application is processed swiftly so that you can get possession of your vehicle with no delay.

Yes, but be rest assured about that at IFSL, the down payment is just a little amount you need to pay at the vehicle dealership and is only the difference between the on-road price of the two-wheeler and the loan sanctioned to you. You will get up to 80% of the vehicle's cost as a loan, which makes sure that the down payment or margin capital is always a small component and will not affect you in getting ownership of your dream bike.

IFSL provides two-wheeler loans to salaried as well as self-employed persons. We will do associate degree assessment and inform you whether or not you meet the two-wheeler loan eligibility. You should ideally meet the following criteria:
Applicant should have attained a minimum 18 years of age.
You should have been in employment for at least half a dozen of months or been running a business for at least 2 years.
Apart from these stipulations, you will be asked to provide some documentation.

Yes, a salaried person can get a two-wheeler loan from IFSL. You should be employed in your job for at least 6 months to qualify for a two-wheeler loan. You should be at least 18 years of age at the time of making the application. here to find out about the documents you will need to submit for loan processing.

Self-employed individuals and business owners can get a two-wheeler loan from IFSL. You should have been in business for a minimum period of at least two years before you become eligible to apply for a two-wheeler loan. Additionally, you must have attained a minimum of at least 21 years of age at the time of making the application. Click here to discover more about the documents you will need to submit for loan processing.

We offer a fixed rate of interest on two-wheeler loans and assist you with a planned repayment option that best suit your needs. The loan can be repaid moderately in EMIs that ensures you need not bear a large expense all at once while buying your two-wheeler. You have the option of choosing a flexible tenure for the loan that ranges from 06 to 60 months. Kindly use our bike loan calculator, which will assist you ascertain the cost of the loan, your EMI amount and other parameters.

At IFSL, we believe in giving you the best possible terms for your loan at the best possible cost. In case of a two-wheeler loan, we border our charges to processing fees, document charges and the applicable stamp duty. At the time of applying for your loan, you can get all the information pertaining to fees from an IFSL representative. The information is available at the vehicle dealership from where you will be purchasing the two-wheeler to make the process as transparent as possible.

IFSL offers loans at competitive rates for a wide range of two-wheelers. Our decision on your application and the loan process is simple and completely transparent. You can avail loan up to 80% of the value of the vehicle and the down payment amount is the difference between the on-road value of the vehicle and the sanctioned loan amount. We offer loans of flexible tenure ranging from 6 to 60 months. As the rate of interest is fixed, you will remain protected from interest rate hikes in the future.

You can take up to 80% of the on-road price of the vehicle's value as a loan. This allows you to make a down payment of the difference between the on-road price of the vehicle and the loan amount sanctioned. Since IFSL gives out the maximum possible loan amount, you will be able to access the two-wheeler of your choice easily.

A No Objection Certificate (NOC) will be sent to your registered address once your loan has been repaid. You can contact your local registration and licensing authorities with this NOC to get hypothecation removed from the vehicle. In case you need any assistance, please feel free to call our customer care at +91-22- 4062 8888 or write to us at enquiry@ifsl.co.in. You can also visit any of our branches. You can also visit any of our branches.

Your vehicle is hypothecated to IFSL and serves as the security during the tenure of the loan. You need not provide any additional security. Only your KYC documents along with your bank details are required to process the approval.

Your loan application is processed by us within 5 minutes. All you need to do is make sure that you provide us with all the necessary documentation needed, so you will know if the loan has been approved almost instantly. The process is swift and hassle free and can be undertaken at the bike dealership also. You need not visit our offices for procuring the loan.

We issue a No Objection Certificate (NOC) once you have finished repaying the entire loan amount. Once the NOC is submitted to your Registration and Licensing Authorities, who will then remove the hypothecation that is marked on your vehicle. We will send the NOC by post to your address we have on file but in case you have not received it for any reason please feel free to contact customer care at +91-22- 4062 8888 or write to us at enquiry@ifsl.co.in.

You have the flexibility in choosing a loan tenure ranging from 06 months to 60 months at the time of taking your loan. In case you would like to change the tenure of your loan, please feel free to call our customer care at +91-22- 4062 8888 or write to us at enquiry@ifsl.co.in. You can also visit any of our branches to get more information.

You possess a right to cancel your loan application although we will regret losing your patronage. Please call our customer care at +91-22- 4062 8888 or send us an email at enquiry@ifsl.co.in. Please feel free to visit any of our branches for any kind of assistance.

IFSL provides two-wheeler loans ranging from a tenure of 06 months to 60 months. This allows you to build a repayment plan that best suits your needs. With a long tenure loan, you can enjoy lower EMIs which are easy on the pocket; alternatively, you can choose a shorter tenure loan and repay the loan quicker.

Yes, you can repay the entire loan amount before the tenure expires. This payment can be made either at any of our IFSL branch. In case you would like to know more about your loan repayment before expiry of the tenure, please contact us at 1860-500-9900 or email us at enquiry@ifsl.co.in.

If you have missed an EMI installment for any reason, you can make a payment to the IFSL branch. You can also contact us at +91-22- 4062 8888 or email us at enquiry@ifsl.co.in and we will make arrangements to pick up the pending EMI payment from your home or office at your convenience.

You can get your statement of account from IFSL's customer portal. Alternatively, please visit any of our branch and our representative will help you obtain your statement. Please visit the dealership and our sales officer will provide you with the statement. You can also receive your statement by reaching our customer care at +91-22- 4062 8888 or by writing to us at enquiry@ifsl.co.in and we will send you a copy of your account statement to your registered email address.

We will be glad to help you with any questions regarding the IFSL two-wheeler loan. Please feel free to contact our customer representative at +91-22- 4062 8888 or email us at enquiry@ifsl.co.in. If you have a more pressing matter to discuss, feel free to visit our branch and speak to our customer representatives.