Indian Railway Finance Corporation Two Wheeler Loan Calculator

Calculate your Indian Railway Finance Corporation bike & scooter loan EMI with current 2025 rates (8.25% - 15.25%)

NBFC

Loan Details

₹30,000 ₹5,00,000
8.25% 15.25%
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

Indian Railway Finance Corporation Two Wheeler Loan Details

Key Features

  • Government enterprise
  • Railway infrastructure focus
  • Competitive rates
  • Reliable institution

Eligibility Criteria

  • Age: 21-60 years
  • Minimum income: ₹35,000 per month
  • Employment: 3 years minimum
  • Government/PSU preference

Documents Required

Income certificates
Bank statements
Service records
Vehicle documents

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

Indian Railway Finance Corporation Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

8.25% - 15.25%
Per Annum (Reducing Balance)

About Indian Railway Finance Corporation Two Wheeler Loans

Indian Railway Finance Corporation offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 8.25%. As a nbfc, Indian Railway Finance Corporation provides reliable financing solutions with flexible repayment options.

Why Choose Indian Railway Finance Corporation?

With a track record in nbfc services, Indian Railway Finance Corporation 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 Indian Railway Finance Corporation two-wheeler loans?

Indian Railway Finance Corporation offers two-wheeler loans at interest rates ranging from 8.25% to 15.25% per annum, depending on your credit profile and loan amount.

How can I apply for a Indian Railway Finance Corporation two-wheeler loan?

You can apply for a Indian Railway Finance Corporation 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 Indian Railway Finance Corporation 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 Indian Railway Finance Corporation.