Loans & EMI

Bike EMI Calculator: Two-Wheeler Loan EMI, Interest and Down Payment

Free tool · Updated October 3, 2026 · By CouponTalk · Reviewed by CouponTalk Expert Reviews on October 2, 2026

Your result

Enter your measurements to see your result.

Quick answer

On a ₹1,20,000 on-road bike with ₹20,000 down, a 36-month loan at 11% a year is about ₹3,274 a month, and you pay about ₹17,859 in interest. Always calculate on the on-road price (ex-showroom plus RTO and insurance), not the ex-showroom price. A bigger down payment and a shorter tenure cut the interest most.

How to use this calculator

Enter the price of the bike (on-road price) and any down payment.
Add the interest rate and tenure your bank or lender offers.
Add the processing fee to see the true cost of the EMI.

Two-wheeler EMI by loan amount

Two-wheeler loan EMI at 11% a year (example rate)
Loan amount	12 months	24 months	36 months	48 months
₹50,000	₹4,419	₹2,330	₹1,637	₹1,292
₹75,000	₹6,629	₹3,496	₹2,455	₹1,938
₹100,000	₹8,838	₹4,661	₹3,274	₹2,585
₹150,000	₹13,257	₹6,991	₹4,911	₹3,877
₹200,000	₹17,676	₹9,322	₹6,548	₹5,169

Indicative EMI only. Lenders set the final rate, fees and approval.

Frequently asked questions

What is the on-road price of a bike?

Ex-showroom price plus RTO registration and road tax, insurance and any accessories or handling charges.

What interest rate do two-wheeler loans charge?

It varies by lender, credit score and offer, commonly around 9–15% a year, and higher at some dealer finance desks. Compare at least two quotes.

Can I prepay a bike loan?

Usually yes, sometimes with a foreclosure fee. Check the loan agreement.

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