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Bank of Maharashtra Two-Wheeler Loan

Finance for new two-wheelers up to 500 cc, premium bikes above 500 cc and new battery-operated two-wheelers, with ₹50,000–₹25 lakh published bands.

RateCurrent floating table: 11.20% at CIBIL 750+, 11.55% at 700–749, 12.05% at 650–699, 13.05% at 600–649, 14.05% below 600 and 12.05% for -1/0/01–05.Maximum amountStandard two-wheeler: ₹50,000 minimum and ₹5 lakh maximum. High-end/super bike: ₹5 lakh minimum and ₹25 lakh maximum.TenureMaximum 60 months.
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Quick eligibility check

Bank of Maharashtra Two-Wheeler Loan

0 of 7 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Eligible pensioners need ₹25,000 monthly pension?

Published source: Minimum income

2Does your annual income meet this requirement: Salaried applicants need at least one year continuous service and ₹2.50 lakh last-year income?

3Does your annual income meet this requirement: other individuals need ₹3 lakh last-year income?

4Do you meet this requirement: Government/PSU pensioners need ₹25,000 monthly pension?

5Document checkDo you have at least one of these required documents: Application, KYC, two years' ITR/Form 16 or income evidence, vehicle quotation and supporting occupation documents?

Published source: Minimum income

6Document checkDo you have this required document or proof: Salaried: ₹2.50 lakh last-year income with two years' ITR/Form 16?

Published source: Minimum income

7Document checkDo you have this required document or proof: other individuals: ₹3 lakh last-year income with two years' ITR?

Published source: Minimum income
0 of 7 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 31 Aug 2026 · active
Offered byBank of Maharashtra

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeVehicle loan for a new two-wheeler up to 500 cc, high-value bike above 500 cc or new battery-operated two-wheeler.View source
The purpose row identifies the three eligible vehicle classes.
Source
Mahabank Vehicle Loan Scheme for Two Wheelers
Page / section
Purpose
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
RateCurrent floating table: 11.20% at CIBIL 750+, 11.55% at 700–749, 12.05% at 650–699, 13.05% at 600–649, 14.05% below 600 and 12.05% for -1/0/01–05.View source
The official rate table lists benchmark, spread and effective rate by band.
Source
Retail Interest Rates
Page / section
Mahabank Vehicle Loan Scheme — two wheelers
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
BenchmarkRLLR, shown as 8.05% on the current retail-rate page, plus a 3.15%–6.00% spread by CIBIL band.View source
The page declares 8.05% and prints spreads by score.
Source
Retail Interest Rates
Page / section
Two-wheeler rate table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
APRNo separate APR is published; the bank publishes RLLR-linked effective ROI and separate fees.View source
The table provides ER rather than a fee-inclusive .
Source
Retail Interest Rates
Page / section
Two-wheeler rate table
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Minimum incomeSalaried: ₹2.50 lakh last-year income with two years' ITR/Form 16; other individuals: ₹3 lakh last-year income with two years' ITR. Eligible pensioners need ₹25,000 monthly pension.View source
The official table publishes each applicant threshold.
Source
Mahabank Vehicle Loan Scheme for Two Wheelers
Page / section
Eligibility; minimum annual income
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Maximum amountStandard two-wheeler: ₹50,000 minimum and ₹5 lakh maximum. High-end/super bike: ₹5 lakh minimum and ₹25 lakh maximum.View source
The table separates standard and high-end loan bands.
Source
Mahabank Vehicle Loan Scheme for Two Wheelers
Page / section
Eligible Loan Amount
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
TenureMaximum 60 months.View source
The repayment row states maximum 60 months.
Source
Mahabank Vehicle Loan Scheme for Two Wheelers
Page / section
Repayment Period
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Processing fee0.50% of loan amount, minimum ₹500 and maximum ₹5,000; account-handling charge 0.20%, minimum ₹1,500 and maximum ₹10,500, excluding GST.View source
The current schedule separates processing and account-handling charges.
Source
Service Charges
Page / section
Retail Credit rows 7 and 28
Accessed
31 Aug 2026
Confidence
high
Open official source ↗
Prepayment / foreclosureNo prepayment charge for floating-rate retail loans to individuals under the current service-charge rule.View source
The schedule states no pre-payment charges for floating-rate non-business retail loans to individuals.
Source
Service Charges
Page / section
Advances rule 12
Accessed
31 Aug 2026
Confidence
high
Open official source ↗

Benefits and features

  • Standard two-wheeler finance ₹50,000–₹5 lakh
  • High-end bike finance ₹5 lakh–₹25 lakh
  • Electric two-wheelers are eligible under green finance
  • Maximum repayment 60 months

Eligibility

  • Salaried applicants need at least one year continuous service and ₹2.50 lakh last-year income; other individuals need ₹3 lakh last-year income. Government/ pensioners need ₹25,000 monthly pension.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Application, , two years' /Form 16 or income evidence, vehicle quotation and supporting occupation documents

Related official documents

Retail Interest Rates — vehicle and rooftop-solar tablesofficial-product-page · current · accessed 31 Aug 2026
↗
Service Charges — vehicle and rooftop-solar rowsofficial-product-page · current · accessed 31 Aug 2026
↗
Mahabank Vehicle Loan Scheme for Two Wheelersofficial-product-page · current · accessed 31 Aug 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

750 and above · spread+3.15%

This value is copied from Two-wheeler and pre-owned car — current -linked rates. Check the table notes before relying on it.

Source: Retail Interest Rates · Vehicle loan tables Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 6 rows · 3 columnsTwo-wheeler and pre-owned car — current CIBIL-linked ratesView tableHide table

Scroll sideways to view every column

Two-wheeler and pre-owned car — current CIBIL-linked rates
band spreadEffective rate
750 and above+3.15%11.20%
700–749+3.50%11.55%
650–699+4.00%12.05%
600–649+5.00%13.05%
Below 600+6.00%14.05%
-1 / 0 / 01–05+4.00%12.05%
Retail Interest Rates · Vehicle loan tables · accessed 31 Aug 2026Open official source ↗
Table 2 · 6 rows · 3 columnsRooftop Solar Loan — capacity-band termsView tableHide table

Scroll sideways to view every column

Rooftop Solar Loan — capacity-band terms
ParameterUp to 3 kWAbove 3 kW to 10 kW
IncomeNo minimum annual income₹3 lakh minimum annual income
Loan amount₹10,000–₹2 lakh₹10,000–₹10 lakh
Margin10%20%
Rate5.75% for eligible loan up to ₹2 lakh8.25%–9.05% for non-home-loan borrowers by ; home-loan rate for eligible home-loan customers
Tenure120 months including up to 6-month moratorium120 months including up to 6-month moratorium
ProcessingNil; separate ₹500 + 0.20% account-handling charge within ₹500–₹2,500Nil; same account-handling rule
Mahabank Rooftop Solar Panel Loan Scheme · Complete scheme comparison table · accessed 31 Aug 2026Open official source ↗

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