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Key features of Digital Two-Wheeler Loan:

  • Up to 100% of on-road Funding

  • End-to-end digital process

  • Paperless journey

Things You Should Know!

  • Eligibility: 

    Check eligibility via ICICI Bank’s iMobile app or Net Banking.

  • Documentation:

    No physical documents needed — enjoy a seamless paperless journey through digital verification and eSign.

  • Loan amount:

    Get up to 100% of the on-road price of your chosen two-wheeler.

  • Application channels:

    Easily apply via ICICI Bank’s iMobile app, Net Banking or the Two-Wheeler Loan portal anytime, from anywhere.

  • Disbursement:

    Loan amount is directly credited to the dealer’s account; download your delivery note instantly for quick handover.

Steps to avail Digital Two Wheeler Loan:

 

  • Log in to the ICICI Bank’s iMobile app, Net Banking or click on ‘Apply Now’ below

  • Select two-wheeler dealer

  • Customise your loan

  • eSign your agreement

  • Disburse to dealer’s account

  • Download delivery note

  • Handover the delivery note to your dealer. For any queries, please reach us on 1800-1080.

 

APPLY NOW

 

Bike Loan Documents FAQs

What is a Two - Wheeler Loan?

A Two-wheeler Loan is a financial product from ICICI Bank which gives you required money upfront to help buy your dream scooter or bike. It makes it easier for you to finance the ride of your choice by allowing you to repay the Loan balance plus interest over a predetermined period.

Can I avail a Two-wheeler Loan if I don’t have an account with ICICI Bank?

Yes, you can avail a Two-wheeler Loan from ICICI Bank even if you don’t have an account with the Bank. However, you will need to fulfil the loan Eligibility Criteria and provide the necessary documents to apply and receive approval.

How can I avail a Two-wheeler Loan instantly?

To avail of a Two-wheeler Loan instantly, ensure to have all required documents ready, including proof of identity, proof of address, income and vehicle details. Apply online through ICICI Bank's website or the ICICI Bank’s iMobile app, fill out the application form, submit documents online. Post quick processing and approval from ICICI Bank, get instant access to funds.

How to Calculate a Two-Wheeler Loan EMI?

To know the Equated Monthly Instalment (EMI) of your loan repayment, you can use a Two-Wheeler Loan EMI calculator. You need to know the loan amount, interest rate and the loan tenure to calculate your EMI. The calculator uses the below formula to compute the EMI using these inputs:

P x R x [ (1 + R)^N / ( (1 + R)^N) – 1]

where:

P = principal amount of the loan

R = rate of interest

N = tenure of the loan

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