How to calculate a EMI for Bike Loan?

You’ve been thinking about buying a great two wheeler, but you’re not sure yet what the monthly instalments will be and if they suit your budget.

Before you decide on your purchase, why not first know the EMIs you will have to pay?

In this article, we provide you with the steps on  how to calculate Two Wheeler Loan EMI.

Step 1: Collect basic information

Before you can calculate your Two Wheeler Loan EMI, you will need to have the following information ready:

  • Your shortlisted two-wheeler model
  • The on-road price of the two-wheeler in your city
  • The exact loan amount you need
  • Details about your employment and annual income

Step 2: Enter details to calculate Two Wheeler Loan EMI

Log in the HDFC Bank Two Wheeler Loan EMI Calculator.

Enter the required information in the form. Ensure that the inputs are correct. This will calculate your Two Wheeler Loan EMIs accurately.

Once you submit the details, the online Two Wheeler Loan EMI calculator will display the expected EMI on the page.

Step 3: Modify your inputs if needed

Now you have the choice to change some of the options on the page. For instance, you can change the tenure of the loan. Or you can change the loan amount you need. You can even try another two-wheeler model.

In each case, the tool will calculate your Two Wheeler Loan EMI.

You can view the recalculated EMIs on the same page as you change the inputs.

You can also decide to apply for the loan by requesting a call back or sharing your contact details online.

Now that you know how to calculate your Two Wheeler Loan EMI easily go ahead and take the first step to buying the model of your choice.

Looking to apply for an HDFC Bank Two Wheeler Loan? Click here to get started!

* Terms & conditions apply. Two Wheeler Loan disbursal at sole discretion of HDFC Bank Ltd.