Power Finance Corporation Two Wheeler Loan Calculator

Calculate your Power Finance Corporation bike & scooter loan EMI with current 2025 rates (9.25% - 16.25%)

NBFC

Loan Details

₹30,000 ₹5,00,000
9.25% 16.25%
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

Power Finance Corporation Two Wheeler Loan Details

Key Features

  • Government backing
  • Power sector expertise
  • Infrastructure finance
  • Competitive rates

Eligibility Criteria

  • Age: 21-60 years
  • Minimum income: ₹30,000 per month
  • Employment: 2 years minimum
  • Good credit score

Documents Required

Salary slips
Bank statements
KYC documents
Vehicle quotation

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

Power Finance Corporation Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

9.25% - 16.25%
Per Annum (Reducing Balance)

About Power Finance Corporation Two Wheeler Loans

Power Finance Corporation offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 9.25%. As a nbfc, Power Finance Corporation provides reliable financing solutions with flexible repayment options.

Why Choose Power Finance Corporation?

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

Power Finance Corporation offers two-wheeler loans at interest rates ranging from 9.25% to 16.25% per annum, depending on your credit profile and loan amount.

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

You can apply for a Power 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 Power 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 Power Finance Corporation.