Canara Bank Two Wheeler Loan Calculator

Calculate your Canara Bank bike & scooter loan EMI with current 2025 rates (10.75% - 17.25%)

Public Sector Bank

Loan Details

₹30,000 ₹5,00,000
10.75% 17.25%
6 months 84 months (7 years)
3 years
Monthly EMI
₹4,950
Equated Monthly Installment
Total Interest
₹28,200
Interest over loan tenure
Total Amount
₹1,78,200
Principal + Interest

Loan Breakdown

Payment Schedule

Canara Bank Two Wheeler Loan Details

Key Features

  • Established banking solutions
  • Reasonable interest rates
  • Wide accessibility
  • Customer-focused services

Eligibility Criteria

  • Age: 18-62 years
  • Minimum income: ₹12,000 per month
  • Work experience: 6 months minimum
  • Regular income proof

Documents Required

Income proof documents
Bank account statements
Identity and address proof
Vehicle quotation

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

Canara Bank Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

10.75% - 17.25%
Per Annum (Reducing Balance)

About Canara Bank Two Wheeler Loans

Canara Bank offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 10.75%. As a public sector bank, Canara Bank provides reliable financing solutions with flexible repayment options.

Why Choose Canara Bank?

With a track record in public sector bank services, Canara Bank offers streamlined loan processing, competitive rates, and customer-centric policies that make vehicle financing accessible and affordable.

Frequently Asked Questions

What is the current interest rate for Canara Bank two-wheeler loans?

Canara Bank offers two-wheeler loans at interest rates ranging from 10.75% to 17.25% per annum, depending on your credit profile and loan amount.

How can I apply for a Canara Bank two-wheeler loan?

You can apply for a Canara Bank two-wheeler loan online through their official website, visit the nearest branch, or contact their customer service team for assistance with the application process.

What is the maximum loan amount and tenure available?

Loan amounts typically range up to ₹5 lakhs depending on the vehicle and your eligibility. Tenure options generally extend up to 7 years (84 months) with flexible EMI options.

Is there any processing fee for Canara Bank two-wheeler loans?

Processing fees vary but are typically 0.5% to 2% of the loan amount. Some promotional offers may waive processing fees. Please check current terms and conditions with Canara Bank.