Union Bank of India Two Wheeler Loan EMI Calculator 2025 - Bike & Scooter Loan | Thiyagi.com

Union Bank of India Two Wheeler Loan Calculator

Calculate your Union Bank of India bike & scooter loan EMI with current 2025 rates (10.25% - 16.5%)

Public Sector Bank

Loan Details

₹30,000 ₹5,00,000
10.25% 16.5%
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

Union Bank of India Two Wheeler Loan Details

Key Features

  • Pan-India presence
  • Competitive interest rates
  • Flexible repayment options
  • Trusted government bank

Eligibility Criteria

  • Age: 18-60 years
  • Minimum income: ₹15,000 per month
  • Employment: 1 year minimum
  • Good credit history preferred

Documents Required

Income proof (last 3 months)
Bank statements
Identity and address proof
Vehicle quotation

Amortization Schedule (First 12 Months)

Month EMI Principal Interest Balance

Union Bank of India Two Wheeler Loan - Complete Guide 2025

Interest Rate Range

10.25% - 16.5%
Per Annum (Reducing Balance)

About Union Bank of India Two Wheeler Loans

Union Bank of India offers competitive two-wheeler loans for bikes and scooters with interest rates starting from 10.25%. As a public sector bank, Union Bank of India provides reliable financing solutions with flexible repayment options.

Why Choose Union Bank of India?

With a track record in public sector bank services, Union Bank of India 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 Union Bank of India two-wheeler loans?

Union Bank of India offers two-wheeler loans at interest rates ranging from 10.25% to 16.5% per annum, depending on your credit profile and loan amount.

How can I apply for a Union Bank of India two-wheeler loan?

You can apply for a Union Bank of India 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 Union Bank of India 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 Union Bank of India.