About Bike Loan / Two wheeler loan

If you’ve already found the bike you want and are now looking for finance, it’s important to choose the type that’s right for you. LenDenClub’s bike loan offers you a range of options which can be tailored to suit the way you want to pay. Personalised EMI’s along with easy payment options are just a couple of reasons why LenDenClub may be perfect for your bike loan or two wheeler loan.

Wait no more, apply for a two wheeler loan from LenDenClub without any downpayment.

Get Bike Loan

Why Get a Bike Loan from Us

Now you can get a bike loan without down-payments.

Fast Approval

With the help of digital automation, we have made our loan approval process much faster compared to any bank. We are continuously improving to provide you instant loans. Apply now to give it a try.

Flexible Interest Rates

We do not have rigid interest rates. Interest rates are linked to the borrower’s credit score calculated through our internal credit rating process. A better LenDen score ensures a lesser rate of interest for the borrower.

Easy Processing

Our user friendly and tech enabled platform ensures that getting your loan approved is simply a few clicks away. Do not go by our words, try our platform to fulfill your loan needs. Start applying for your loan now!

No Prepayment Charges

No additional charges if you want to close your bike loan earlier. We provide the flexibility of prepayment to our borrowers.

Get your dream bike now without any down payments

Get a Bike Loan

Bike Loan - Eligibility

All salaried employees can get a bike loan from us. Check if you are eligible below.

Age

The borrower’s minimum age should be 21 and maximum should be 55.

Income

Minimum Net Monthly Income should be over Rs 12,000

Bank Default

Must have no record of loan/credit card defaults after Jan 2012.

Stay Type

The borrower should be staying with family or friends.

Locations

Resident of Mumbai, Pune, Ahmedabad, Nagpur or Bangalore.

Employment Type

Only salaried individuals are eligible to apply for a loan.

Frequently Ask Questions

LenDenClub is one of the fastest growing Peer to Peer (P2P) lending platforms in India. It connects a lender looking to lend their money with creditworthy borrowers looking for bike loans. Learn more about us here.

Click here to create your borrower profile by providing required information. It is just a 2 step process. Your profile will be assessed based on our credit & risk policies. Once approved, your profile will be listed on the platform. Any lender, who finds your profile suitable, will fund your loan.

You need to submit a few documents regarding your identity and income, which are:

  1. Pan Card
  2. Passport/Aadhar Card (compulsory) /Voter ID
  3. Last two months salary slips
  4. Last two months salary account statement
  5. Passport Size photograph

In case you are staying at rental premises, you need to submit a rent agreement copy as well.

LenDenClub charges two type of fees from borrowers.

  1. Fixed registration fee of Rs. 750 is charged from each borrowers at the time of registration. LenDenClub charges these fees to recover cost incurred towards assessment of the borrower. Registration fee is a one time fees paid by the user and it is non-refundable.
  2. Loan processing fee is charged at the time of loan disbursal. Processing fee is 4% of the loan amount or Rs. 2000 (whichever is higher) and applicable taxes. The amount is deducted from the disbursed amount.
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