Calculate your Mahindra Finance bike loan EMI instantly. Current rate starts from 14.00 - 22.00% p.a. with tenure up to 4 years.
| Year | Principal | Interest | Balance |
|---|
Mahindra & Mahindra Financial Services offers bike loan starting from 14.00 - 22.00% per annum with a maximum tenure of 4 years. The processing fee is 2% of loan amount. Prepayment policy: 5% of outstanding.
Tenure: 3 years
| Loan Amount | Monthly EMI | Total Interest | Total Payment |
|---|---|---|---|
| ₹50K | ₹1,709 | ₹11,524 | ₹61,524 |
| ₹75K | ₹2,563 | ₹17,268 | ₹92,268 |
| ₹1 Lakh | ₹3,418 | ₹23,048 | ₹1,23,048 |
| ₹1.5 Lakh | ₹5,127 | ₹34,572 | ₹1,84,572 |
| ₹2 Lakh | ₹6,836 | ₹46,096 | ₹2,46,096 |
| ₹2.5 Lakh | ₹8,544 | ₹57,584 | ₹3,07,584 |
| ₹3 Lakh | ₹10,253 | ₹69,108 | ₹3,69,108 |
Mahindra Finance offers Bike Loan at interest rates starting from 14.00 - 22.00% 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 Mahindra Finance at 14% for 3 years is approximately ₹5,127 per month. Use the calculator above to check EMI for different amounts.
Mahindra Finance offers Bike Loan up to ₹3 Lakh with a maximum tenure of 4 years, subject to eligibility criteria and income assessment.
The processing fee for Mahindra Finance Bike Loan is 2% of loan amount. Prepayment charges: 5% of outstanding.
You can apply for Mahindra Finance 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.