Own your joyride, instantly
Take home your desired bike or moped with instant sanction and disbursal — simple application, minimal processing fees and low downpayment schemes.
Financing journeys, big and small
We launched our two-wheeler loan in 2012 to expand our range of offerings — and it became an instant favourite with families across Maharashtra.
A simple application process, minimal documentation and low downpayment schemes make getting on the road effortless. Choose your repayment tenure flexibly between 1 and 3 years, repaid through NACH, ECS or cash — with digital payment available.
Key facts
| Parameter | Details |
|---|---|
| Tenure | 1 to 3 years |
| Documents | PAN Card, Aadhaar Card, electricity bill |
| Repayment options | NACH, ECS, cash, digital |
| Foreclosure | No foreclosure charges |
Every detail designed around you
- Drive home a new bike starting at low interest rates
- No foreclosure charges
- Minimal paperwork — PAN, Aadhaar, electricity bill
- Fast NOC post repayment
- Part payment facility
- NACH, ECS and cash payment options
- Digital payment available
- No levy of collection charges
Quick disbursal, minimal fuss
Our friendly staff is always ready to welcome you at the nearest MAG Finserv branch for a two-wheeler loan on fast approval and quick disbursal.
Find your nearest branch →Plan your ride, EMI first
Estimate your monthly instalment in seconds. Final figures are confirmed at your nearest branch.
Indicative calculation only. Interest rates are offered at the branch based on your profile and scheme.
Get, set, go riding
Fast approval, quick disbursal and repayment terms that keep pace with your life.