TVS Credit Two Wheeler Loan
Up to 95% funding on on-road price · Instant 2-minute in-dealership paperless approvals · Low down-payment schemes for TVS and partner bikes
True cost aur Day-1 cash breakdown
Representative scenario for ₹1,50,000 loan over 4 years at CIBIL 750+.
This cash must be paid out-of-pocket before disbursement and is not added to your loan EMI.
Loan verdict aur maths
Our algorithmic evaluation balances starting benchmark spreads against upfront processing loads and fine print restrictions.
Maths favour mein
- +TVS Credit Services ka trusted institutional network aur flexible repayment terms.
- +0% Prepayment penalty (RBI mandate): Part-prepay ya foreclose anytime with zero financial penalty.
Maths against
- −Processing fee 2.5% (cap ₹3,500) + 18% GST upfront Day-1 cash commitment badhata hai.
- −Self-employed borrowers par +50 BPS (0.50%) extra risk markup lagta hai.
- −Low CIBIL score (<700) par interest rate escalate hokar 18.50% tak ja sakta hai.
CIBIL score ke hisaab se rate ladder
| CIBIL score band | Borrower tier | Indicative salaried rate | Indicative self-employed rate | Estimated monthly EMI (₹1,50,000) |
|---|---|---|---|---|
| 750 – 900 | Prime borrower | 12.50% – 14.00% | 13.00% – 14.50% | ₹3,987 |
| 700 – 749 | Good standing | 14.00% – 16.50% | 14.50% – 17.00% | ₹4,099 |
| 650 – 699 | Standard / fair | 16.50% – 18.50% | 17.00% – 19.00% | ₹4,290 |
Contract ki terms & Clauses
Fixed rate contract for entire loan tenure
Not available on this product tier
Under RBI Master Directions, no bank, HFC, or NBFC can charge prepayment penalties or foreclosure charges on floating rate term loans sanctioned to individual borrowers.
Bank notes: Foreclosure allowed after 6 months with 3% charges on outstanding principal.
Main eligibility conditions
- Minimum age 21 years, maximum 60 years at maturity
- Salaried or self-employed with regular income source
- Valid Aadhaar and driving license or proof of identity
₹20,000 se ₹3,00,000
Is category mein options: Two-Wheeler Loans
Bajaj Finserv Two Wheeler Loan
Hero FinCorp Two Wheeler Loan
HDFC Bank Two Wheeler Loan
Frequently Asked Questions
TVS Credit Two Wheeler Loan ka current interest rate aur benchmark spread kya hai?
Kya TVS Credit Two Wheeler Loan par foreclosure ya prepayment penalty lagti hai?
TVS Credit Two Wheeler Loan ke liye Day-1 upfront cash kitna lagta hai?
In loan records mein verification date nahi hai. Apply karne se pehle lender ki current terms check karein.
- tvscredit.com
- RBI Master Directions for Non-Banking Financial Companies (NBFCs)
- RBI Regulatory Framework for Retail Loan Interest Rate Resets