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L&T Finance Drives Bike Affordability with 5.99% Interest Rates & 100% Financing
L&T Finance is among India's leading players in the two-wheeler loan market with interest rates as low as 5.99% for premium bikes and 100% financing on certain models. The NBFC's Super Bike Loans (launched March 2024) now provide tenors up to 60 months, with ₹12,676 crore book size in Q3 FY25, with 21% YoY growth.
Highlights:
Fast approval: 3-minute approvals with minimum documentation.
EV boost: Strategic partnerships with Ather Energy for 100% financing of e-scooters.
Flexible solutions: VIP Pro and Centum Loans are apt for salaried and self-employed customers.
The lender's ₹20 lakh loan ceiling and 5-year repayment period (industry standard being 4 years) make it a favorite among price-sensitive buyers
Sources: Moneycontrol, L&T Finance, BankBazaar
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