Calculate your Axis Bank bike loan EMI instantly. Current rate starts from 14.50 - 18.00% p.a. with tenure up to 5 years.
| Year | Principal | Interest | Balance |
|---|
Axis Bank offers bike loan starting from 14.50 - 18.00% per annum with a maximum tenure of 5 years. The processing fee is 1.50% of loan amount. Prepayment policy: Part prepayment after 6 months.
Tenure: 3 years
| Loan Amount | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| ₹50K | ₹1,721 | ₹11,956 | ₹61,956 |
| ₹75K | ₹2,582 | ₹17,952 | ₹92,952 |
| ₹1 Lakh | ₹3,442 | ₹23,912 | ₹1,23,912 |
| ₹1.5 Lakh | ₹5,163 | ₹35,868 | ₹1,85,868 |
| ₹2 Lakh | ₹6,884 | ₹47,824 | ₹2,47,824 |
| ₹2.5 Lakh | ₹8,605 | ₹59,780 | ₹3,09,780 |
| ₹3 Lakh | ₹10,326 | ₹71,736 | ₹3,71,736 |
Axis Bank offers Bike Loan at interest rates starting from 14.50 - 18.00% per annum in 2026. The actual rate depends on your credit score, income, loan amount, and relationship with the bank.
The EMI for a ₹1.5 Lakh Bike Loan from Axis Bank at 14.5% for 3 years is approximately ₹5,163 per month. Use the calculator above to check EMI for different amounts.
Axis Bank offers Bike Loan up to ₹4 Lakh with a maximum tenure of 5 years, subject to eligibility criteria and income assessment.
The processing fee for Axis Bank Bike Loan is 1.50% of loan amount. Prepayment charges: Part prepayment after 6 months.
You can apply for Axis Bank Bike Loan online through their official website or by visiting the nearest branch. You will need documents such as identity proof, address proof, income proof, and bank statements. Use the EMI calculator above to plan your loan before applying.