ℹ
Market benchmark (Two-Wheeler Loan): Bank bike loans start from 9%–10%. PSU banks: 9%–12%. Private banks: 9%–14%. NBFCs and showroom finance: up to 24%. Fair range for bank loans: 9%–13% p.a.
Your Bike / Scooter Loan Details
Runs entirely in your browser. We see nothing.
Extra interest over full tenure
—
vs fair market rate
Rate difference
—
Your EMI
—
what you pay monthly
Fair Market EMI
—
what you should pay
Monthly Overpayment
—
extra per month
🏍️ Bike Loan Breakdown
Your Rate—
Fair Market Rate (Bank Loans)11.0% p.a.
Your Total Interest—
Fair Market Total Interest—
Extra Interest Paid—
Why trust us
Zero data stored
Every calculation runs in your browser. We have no servers. Your numbers never go anywhere.
Free forever
No login. No subscription. No fine print. This tool is free and always will be.
RBI-based benchmarks
Two-wheeler loan benchmarks sourced from RBI data and lender rate cards. Updated regularly.
Rates last checked: March 2026 · View RBI rate history →