Products Offered
LAP Loan
E-Bike Loan
E- Rickshaw Loan
Two Wheeler Loan
Two Wheeler Loan Policy
A two wheeler loan enables you to buy a vehicle of your choice on low-interest rates with monthly EMIs without hurting your budget. Instalments are designed to easy repay the two-wheeler loan at affordable Interest Rates
| Parameter | Two-Wheeler Loan |
| Effective Date | 01.01.2026 |
| Loan Amount (Max LTV) | Category-wise: • Platinum – up to 90% • Gold – up to 86% • Silver – up to 82% (±1% system rounding variance) |
| Loan Tenure | • All states: 3–36 months • Himachal Pradesh: up to 48 months |
| ROI (Flat Balance, p.a.) | 12% onwards |
| Processing Fees | 0% – 3.5% of loan amount |
| Loan Suraksha (Protection) | ₹0 – ₹1,700 |
| Stamp Charges | ₹0 – ₹300 |
| Event | Charges |
| Late EMI | 3% monthly on outstanding |
| Recovery Visit | ₹100 per visit |
| EMI Bounce | ₹600 |
| Rehit Failure | ₹50 |
| Foreclosure | 5% of principal |
| Repo Charges | ₹1,062 |
| Legal / Third-party Recovery Expenses | As incurred |
Q1. What is the interest rate on an AMCL two-wheeler loan?
The interest rate for a new two-wheeler loan ranges from 12%onwards per annum on a flat basis. The exact rate applicable to you depends on factors such as the dealer location, your credit score, your down payment amount, and the mode of payment.
Q2. What is the maximum loan amount (LTV) I can get for my two-wheeler?
The maximum funding depends on the vehicle model category: up to 90%.
Q3. What is the loan tenure available for two-wheeler loans?
The standard loan tenure is 3 to 36 months across all states. Customers in Himachal Pradesh can avail a tenure of up to 48 months.
Q4. What charges are applicable on a two-wheeler loan?
The following charges may apply, depending on your location, loan amount and profile:
- Processing Fees: 0% – 3.5% of the loan amount
- Loan Suraksha (Protection): ₹0 – ₹1,700
- Stamp Charges: ₹0 – ₹300
In case of delays: Late EMI attracts 3% per month on the outstanding amount, EMI bounce charge is ₹600, foreclosure charge is 5% of principal, and recovery visit charge is ₹100 per visit. All charges are disclosed upfront in your Key Fact Statement (KFS).
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