ESAF Small Finance Bank Two Wheeler Loan EMI Calculator 2025 - Bike & Scooter Loan | Thiyagi.com

ESAF Small Finance Bank Two Wheeler Loan Calculator

Calculate your ESAF Small Finance Bank bike & scooter loan EMI with current 2025 rates (12.25% - 20.5%)

Small Finance Bank

Loan Details

₹30,000 ₹5,00,000
12.25% 20.5%
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

ESAF Small Finance Bank Two Wheeler Loan Details

Key Features

  • Microfinance background
  • Financial inclusion focus
  • Rural and urban presence
  • Customer-centric approach

Eligibility Criteria

  • Age: 18-60 years
  • Minimum income: ₹12,000 per month
  • Employment: 6 months minimum
  • Basic credit history

Documents Required

Salary slips/ITR
Bank statements
KYC documents
Vehicle proforma

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

ESAF Small Finance Bank Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

12.25% - 20.5%
Per Annum (Reducing Balance)

About ESAF Small Finance Bank Two Wheeler Loans

ESAF Small Finance Bank offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 12.25%. As a small finance bank, ESAF Small Finance Bank provides reliable financing solutions with flexible repayment options.

Why Choose ESAF Small Finance Bank?

With a track record in small finance bank services, ESAF Small Finance 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 ESAF Small Finance Bank two-wheeler loans?

ESAF Small Finance Bank offers two-wheeler loans at interest rates ranging from 12.25% to 20.5% per annum, depending on your credit profile and loan amount.

How can I apply for a ESAF Small Finance Bank two-wheeler loan?

You can apply for a ESAF Small Finance 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 ESAF Small Finance 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 ESAF Small Finance Bank.