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Two and Three Wheeler Finance

Mobility is the essence of modern life. Bajaj Auto Finance is dedicated to improving your mobility by financing your purchase of Bajaj, KTM and Kawasaki Motorcycles and Bajaj Three Wheelers.

We do this across all of India at more than 2000 locations to bring you the freedom and joy that comes from better mobility

Our Advantages

Two wheeler finance Three wheeler finance

Product Portfolio

Bajaj Finance Ltd is one of the most diversified NBFCs in the market and the Auto Finance division has,  over the past 25 years,  served more than 1.7 million customers across India. We specialise in offering  finance for Bajaj, KTM, Kawasaki motorcycles and Bajaj three wheelers.
Our vehicle loans are designed to enable easy purchase of motorcycles and three wheelers by customers by walking into Bajaj showrooms and authorised service stations across the country in Cities, Towns and Villages.

To know more in detail about Bajaj auto financing portfolio, please visit www.bajajautofinance.com

Features and Benefits

We have alway e interests of our customers first and have a string of innovations to create loans that help focus on buying the best motorcycle or three wheeler with the assurance that you are getting the best loan with no stress.
Read on to know more:

Nil Foreclosure charges
Now you can choose to foreclose your loan anytime during your loan tenor without paying any foreclosure charges.

Partial Foreclosure
In some loans, partial foreclosure is also permitted allowing you to shorten the loan period  if you want to.

Transparent and flexible
Within 10 days of taking your loan, you receive a Welcome call & SMS that covers all the necessary details of your loan from loan amount, due dates, EMI amount, and contact details.

Friendly Call Centre helpline with 10 languages
Ten Indian languages at our call centre  allows a customer to interact with us in their  language enabling  better and friendly communication.

Easy Pay-In-Cash option
At villages and small towns, for customers who prefer not to open bank accounts, we have the ability to collect loan repayment in cash.

Special Preapproved Offers/Prime lending Programme
Our existing customers get special preapproved offers from time to time. Customers with exceptional credit track record get special schemes.

Eligibility & Documentation


  • Be a salaried or self-employed individual
  • Individuals into agricultural & allied activities
  • Be between the age of 21 years (at the time of application) and less than or equal to 65 years (at the end of the loan tenor)
  • Reside for at least 1 year in the city
  • Be working for at least 1 year
  • Have a phone at your residence or office


Proof of Identity:
Any one of Passport Copy/ Photo Credit card- front & reverse/ Voters ID card/ Driving License/ PAN card/ Copy of Company ID card of MNC/ Public Ltd. / PSU/ Govt. company/ Aadhar card.

Address Proof:
Any one of Passport Copy/ Voters ID card/ Driving License/ Rental agreement/ Telephone Bill/ Electricity bill/ Gas Connection Bills/ Ration Card/ Sale deed/ Property purchase agreement/ Credit Card billing statement (latest)/ LIC policy/ Letter from Company or Company provided Accommodation (List of the company's as per the Banks List- ID card of MNC/ Public Ltd.,/ PSU/ Govt. Company Containing the residence address), Address proof in the name of the applicant's Spouse or parents name is acceptable.

Income Proof:
For Salaried : Latest Salary slip for Govt. employees; If Salary slip is not available, Only salary certificate to be accepted with deductions, For Partnership/ Proprietary firms & Pvt. Ltd. Co's- Salary Certificate to be accepted with the following mitigants: Salary Certificate to clearly state the deductions, Name & Designation of the authorized signatory.

For Self-Employed : Copy of the latest I. T. return.

Individuals into agricultural & allied activities
Repayment Track record, Kisan Credit Card Statement, Form J  or  Krishi mandi receipt  or  Agri samiti receipt, Ownership of Tractor-Collection of RC copy, Land document, Milk Pass Book

*Other relevant documents will be required depending upon the segment and profile of the applicant.
Please contact your Bajaj Auto Finance representative at the nearest Bajaj Auto dealer for availing a loan.

Fees and Charges

Interest rates
Our interest rates for finance of Bajaj, KTM, Kawasaki motorcycles and Bajaj three wheelers are based on the following parameters:

  1. Borrowers profile;
  2. Geography of residence;
  3. Loan amount;
  4. Bajaj Auto product for which finance is sought.

Depending on the above factors, customers are categorized into the following bands - high, medium and low..  The current interest rates* across these bands are:

  1. High  > 30%
  2. Medium 27% to 30%
  3. Low  < 27%

[* excludes processing fees of upto 4% of financed amount and bank charges/cash collection charges of upto Rs. 2000/- for a loan tenor of 24 months, both payable upfront]

Frequently Asked Questions

What is an EMI?
EMI stands for equated monthly instalments. Instalment comprises of principal & interest component. EMI provides you with ease and benefit of paying back your loan amount in over a period of time through fixed monthly payments.

What is repayment schedule?
Repayment schedule provides the amount of each EMI, due dates and breakup between principal and interest components. It also provides the outstanding principal after realization of each EMI.

What documents are required to change my communication/Mailing address?
You need to send self attested copy of any KYC documents as mentioned earlier in the Eligibility & Documentation section to our customer care e-mail id bflcustomercare@bajajauto.co.in or walk in to any of our branches along with your KYC documents.

How do I change my contact details/Phone number?
New phone number details can be changed by calling our call centre helpline. This could be done as soon as your contact details changes in order for us to service you better.

Are there any special schemes available for me ?
Special schemes are available from time to time.  You should get in touch with our representative at Bajaj Auto dealers to get suitable scheme.

I am an existing customer. Can I apply for another loan?
Yes. However, any approval will be based on your eligibility criteria.

I have repaid my loan successfully. Can I get finance now ?
Yes. If you have cleared your loan without any defaults, you could be eligible for a special  scheme.

Do I have the option of prepaying my loan ?
Yes. Bajaj Finance allows you to foreclose your loan without any additional charges. You can foreclose  anytime after taking your loan.

How long will it take to get a loan?
Your loan will be processed within 2-48 Hrs depending upon the documents submitted and verification.

Contact us

State Mobile Number State Mobile Number
Maharashtra 92258 11110 Karnataka 93794 33222
Gujarat 93279 33222 Rajasthan 93516 33222
Andhra Pradesh 93901 33222 Punjab 93576 33222
Tamilnadu 93450 33222 Delhi 74289 33222
Kerala 93870 33222 Uttar Pradesh 74995 33222
Madhya Pradesh  74894 33222 Orissa 93378 33222
Bihar/Jharkhand 93045 33222 West Bengal 93784 33222
Bihar/Jharkhand 93045 33222  
New Delhi, Jaipur, Mohali, Lucknow, Pune, Ahmedabad, Bhopal, Bhubaneswar, Kolkata, Ranchi, Secunderabad, Bangalore, Chennai, Cochin 33 00 5000

For any queries regarding your loan, send SMS to 9223192235 (SMS charges will apply as per service provider). Type NOC or FC (Foreclosure) or DUE (Outstanding balance) and send it to 9223192235

Email us
At bflcustomercare@bajajauto.co.in mentioning your loan account number.

Agreements and T&C

Credit Bureau Reporting :
BAFL is a member of Credit Bureaus like CIBIL (Credit Information Bureau India Limited). Your loan and repayment details are shared with Credit Bureaus periodically as per RBI (Reserve Bank of India) guidelines. Late payment or any payment default shall be reported to the Credit Bureaus and will affect your credit worthiness. Credit Bureaus are referred to by all banks and NBFC’s authorised by RBI before providing credit/finance options to customers. Maintaining a clear repayment track record helps to improve your credit worthiness and  avail future loans easily.

Vehicle Registration Certificate :
Registration of your vehicle is mandatory. A copy of the Vehicle Registration Certificate with hypothecation in favor of BFL, issued by the local RTO (Regional Transport Office) must be furnished within 30 days of taking your loan to the Bajaj Auto Finance representative at the Bajaj Auto dealership from where you purchased your vehicle. Kindly note that a No-Objection Certificate and Form 35 (NOC) cannot be issued by Bajaj Auto Finance without submission of the Vehicle Registration Certificate.