India is a diverse country with roadways that can be huge highways connecting places or the narrow lanes that help you reach your destination faster amidst the huge traffic. A two-wheeler, whether it is a cruiser bike or a scooter for daily commutes, makes it easier for many to travel to places. Today, booking a bike or a scooter with a two-wheeler loan from Bajaj Finance is effortless on the Bajaj Finserv App, which is a one-stop shop that also serves a two-wheeler app.
What is a two-wheeler loan app?
A two-wheeler loan app is an application that lets you apply for a loan to purchase a two-wheeler. The Bajaj Finserv App acts as a two-wheeler loan app allowing you to select your two-wheeler and book it on EMIs on the same platform. You can benefit from ongoing offers on Bajaj Mall and choose a suitable EMI plan all on one app. And once you take the two-wheeler loan, you can track and manage your loan on the same app. You do not need multiple apps for actions such as buying the vehicle, checking available EMI plans, and applying for a two-wheeler loan. All you need is one app, the Bajaj Finserv App. And that’s it.
Why choose a Bajaj Finserv Two-wheeler Loan?
Bajaj Finance offers a hassle-free and transparent process for two-wheeler loans. Some of the reasons to go for a two-wheeler loan include:
- Get up to 100% on-road funding for your new bike or scooter.
- The flexible repayment tenures of 12 months to 72 months give you the freedom to repay your two-wheeler loan at your pace.
- You can get quick approval on your two-wheeler loan. However, you need to meet the basic two-wheeler loan eligibility criteria and provide the necessary documents to close the basic paperwork.
Documents required for a Bajaj Finserv Two-wheeler Loan
To get a two-wheeler loan, you will need basic documents such as your ID proof, address proof, income proof, and 3 months bank statement.
Interest rates and charges on two-wheeler loan
When you take a two-wheeler loan, you will have to pay an interest on your loan. There may also be other applicable charges for processing, prepayment, and so on. The two-wheeler loan from Bajaj Finance is available at an interest rate of up to 30%
To understand two-wheeler loans better, learn more about our two-wheeler loan interest rates and charges.
Features and benefits of the Bajaj Finserv App
And if you are wondering, why download an app for a two-wheeler loan, then, here’s your answer. The Bajaj Finserv App is more than a two-wheeler loan app.
- Financial services at fingertips: Using the Bajaj Finserv App, you can do more than just booking a new two-wheeler. You can explore and apply for other financial products such as personal loans, gold loans, home loans, and more. Open an FD or shop for an insurance policy as per your need. Use UPI services with Bajaj Pay and collect rewards.
- Online shopping: Shop online for two-wheelers, cars, bikes, electronics, and other products on Bajaj Mall.
- Manage your account: It is easy to check your loan application status and manage your existing loans on the Bajaj Finserv App.
- Access useful tools: Check EMI estimates for two-wheeler loans with online tools such as the two-wheeler loan EMI calculator.
How to download the Bajaj Finserv App through the Play Store?
- Go to your Play Store.
- Search for 'Bajaj Finserv'.
- Click 'Install', accept the terms and you're done.
How to download the Bajaj Finserv App on the App Store?
- Open your App Store, type 'Bajaj Finserv' in the search bar.
- Tap 'Get' and then 'Install'.
- Enter your Apple login credentials, if prompted, to download the Bajaj Finserv app.
How to apply for a two-wheeler loan using the Bajaj Finserv App?
Here is a step-by-step process to book a scooter or bike with a two-wheeler loan on the Bajaj Finserv App:
- Download and open the Bajaj Finserv App.
- Sign-in with your mobile number and verify with OTP
- Select 'Loans' and then tap on 'Two-wheeler Finance'.
- Check the details and choose ‘Skip’ or ‘Continue’ as you get redirected to Bajaj Mall. If you choose the ‘Skip’ option, you will have to login to Bajaj Mall later. If you choose ‘Continue’, your Bajaj Finserv app login details will be used to sign-in to Bajaj Mall.
- Explore the bikes and scooters available on Bajaj Mall to identify the two-wheeler of your choice.
- Tap on ‘Book Now’ to login if you haven’t already signed-in to Bajaj Mall. Choose a suitable EMI plan and explore available offers.
- Complete the authentication to confirm your online booking.
To conclude, a two-wheeler loan gives you the opportunity to purchase a bike or scooter through convenient financing options. One of the primary benefits of a two-wheeler loan is the flexibility it provides in terms of repayment, with flexible EMI (Equated Monthly Instalment) plans to suit different financial capabilities.
A two-wheeler app specifically designed for two-wheeler loans further enhances the convenience factor by enabling users to apply for loans, track their application status, calculate EMIs, and manage repayments seamlessly from their smartphones. The Bajaj Finserv App fulfils the need of a two-wheeler loan app and provides a wide range of other products and services. The app streamlines the entire loan process, simplifying the journey towards owning a two-wheeler and providing app users with greater control and transparency over their finances. So, go ahead and download the Bajaj Finserv App to experience the modern way of experiencing financial services.
