Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin

Documents Required for Two-Wheeler Loan in India 2023

Updated On Oct 25, 2023

Documents Required for Bike Loan

Getting your dream bike has never been more convenient, thanks to the array of two-wheeler loans available in India. A two-wheeler loan is a brilliant way to finance the purchase of a motorcycle or a scooter, allowing you to ride your dream vehicle without exhausting your savings. With a range of lenders offering varied and flexible loan options, owning a two-wheeler has become an attainable dream for many. However, as with any financial transaction, obtaining a two-wheeler loan involves certain procedural requirements, and one of the pivotal aspects of this procedure is the documentation. Proper documentation is essential for a smooth and hassle-free loan application process. So, what are the documents required for availing a bike loan in India in 2023? Let’s dive in!

Table of Contents

Documents Required For Two-Wheeler Loan/Finance

The documentation required for a two-wheeler loan typically varies from one financial institution to another. However, there’s a general set of documents that most lenders require to process your loan application. These documents can broadly be categorised into identification, address proof, income proof and proof related to the vehicle. Here are the details of the two wheeler loan documents: 

1. Identification Proof:

   - Aadhaar Card: The most commonly accepted identification document in India.

   - PAN Card: Essential for financial transactions and also serves as an identity proof.

   - Passport: A valid Indian passport can also be submitted as identification proof.

   - Driving License: Apart from allowing you to drive, it also acts as an identification document.

   - Voter ID: This government-issued card is also accepted as identification proof.

2. Address Proof:

   - Aadhaar Card: Can be used to validate your address.

   - Utility Bills: Bills such as electricity or telephone that mention your address.

   - Rental Agreement: If you’re residing in a rented property, the agreement can be used.

   - Bank Statement: A bank statement that clearly mentions your address.

   - Ration Card: This government-issued document can also act as an address proof.

3. Income Proof:

   - Salary Slips: For salaried individuals, recent salary slips are essential.

   - IT Returns: Recent Income Tax Returns documents.

   - Bank Statements: A statement showing salary credits for salaried individuals.

   - Business Proof: For self-employed individuals, proof of business existence and income.

4. Vehicle-related Documents:

   - Quotation: A quotation for the vehicle you intend to purchase.

   - Vehicle Details: Details including the make, model, and price of the vehicle.

   - Dealer Details: Information related to the dealer selling the vehicle.

Having the right documents ready is a significant step towards a seamless two-wheeler loan application process. It is always advisable to check with your lender for the specific documents they require and ensure they are updated and accurate. Proper documentation will expedite the process, bringing you closer to owning your dream bike. So, gear up, get your bike loans’ required documents ready, and ride towards your dream! 

Documents Required for Two-Wheeler Loan in India 2023

Documents Required To Buy a Bike from a Dealership

Purchasing a bike from a dealership is an exhilarating experience. The anticipation of riding your new two-wheeler and the aroma of fresh paint and rubber fill the air. However, amidst this excitement, it’s crucial to ensure that you have all the necessary paperwork in order to make the purchase process as smooth as possible. When buying a bike from a dealership, a set of particular documents are required. Here is a list of essential documents that you would need to present:

1. Identification and Address Proof:

   - Aadhaar Card/PAN Card/Passport/Driving License/Voter ID: These documents are essential to verify your identity and address, ensuring that the transaction is genuine and secure.

2. Photographs:

   - Passport Size Photos: Keep a few recent passport size photographs handy as they might be required for various forms and applications.

3. Income Proof:

   - Bank Statements/Salary Slips/IT Returns: These documents act as proof of your financial stability and ability to pay for the bike.

4. Sales Agreement:

   - Form 21 (Sale Certificate): This document is issued by the dealer and is a crucial document required for the registration of the vehicle.


5. Temporary Registration:

   - Form 20: Application for registration of the motorcycle.


6. Insurance:

   - Insurance Document: Proof of a valid insurance policy for your new two-wheeler. The dealership often helps in procuring this. Please note that while the dealership might force you to buy insurance from them, you can buy insurance from outside as well.

You have the right to buy bike insurance from anywhere. Dealers can’t stop you from buying bike insurance from any insurer or intermediary such as InsuranceDekho. Dealers also cannot discriminate against facilities such as cashless/ warranty on the basis of your bike insurance purchase.

7. Invoice:

   - Dealer’s Invoice: An official invoice from the dealership that includes the cost breakdown of the bike, essential for future service and warranty claims.

8. Manufacturer’s Documents:

   - Warranty Certificate and Owner’s Manual: These documents are provided by the bike’s manufacturer, providing vital information and guidelines about the bike.

Walking into a dealership with the necessary documents ready will make your bike-purchasing experience more pleasant and efficient. It helps in facilitating a smooth transaction, enabling you to ride off with your new bike without unnecessary delays. So, before heading to the dealership, ensure you have all your documents organised and ready to go! 

Documents Required for Vehicle Registration

Registering your new bike is a legal necessity and an essential step in ensuring that your vehicle is road-legal and properly documented. The registration process involves several key documents to confirm the ownership, identity, and legal compliance of the vehicle and the owner. So, let’s explore the array of documents that are quintessential for vehicle registration:

1. Sales Certificate (Form 21):

   - Provided by the dealer, this document verifies the sale of the vehicle and is crucial for the registration process.

2. Temporary Registration:

   - If applicable, a temporary registration number provided by the dealer will be required. It’s usually valid for a month.

3. Roadworthiness Certificate (Form 22):

   - Issued by the manufacturer, this certifies that the vehicle complies with emission standards and is fit for the road.

4. Identity and Address Proof:

   - Documents like Aadhaar Card, Passport, Voter ID, or Driving License can be used to validate the owner’s identity and address.

5. Passport Size Photographs:

   - Recent photographs are required for various official records and identification.

6. Insurance Policy:

   - A valid insurance policy is compulsory for vehicle registration, ensuring that the vehicle is insured against potential damages or liabilities.

7. Invoice from the Dealer:

   - The original invoice of the vehicle is required to ascertain its value and details for official records.

8. PAN Card:

   - Your PAN Card is another mandatory document, especially for high-value transactions.

9. Application Form (Form 20):

   - This is the application for the registration of the vehicle, duly filled and signed.

10. Customs Clearance Certificate:

   - If applicable, this is necessary for imported vehicles to ensure that customs duties have been paid.

The registration of your bike is a fundamental legal requirement and an essential step in becoming a proud owner of a two-wheeler. Having the necessary documents ready will facilitate a smoother, more efficient registration process. Ensure all your documents are up-to-date and accurate to avoid any complications or delays, enabling you to hit the road with confidence and peace of mind! 

The Importance of Having the Right Documentation

Navigating through the bureaucratic waters of vehicle loans, purchases, and registration can be a daunting task. However, armed with the correct set of documents, this journey can be made considerably smoother. Let’s unravel the significance of having the right documentation when embarking on the adventure of buying and registering a new two-wheeler.

1. Facilitating a Smooth Loan Approval Process:

   - Proper documentation acts like a lubricant that eases the friction in the machinery of loan approval processes. It helps in establishing your eligibility, credibility, and repayment capacity, making the loan approval process straightforward and quicker.

2. Ensuring Legal Compliance:

   - Having the right set of documents ensures that you and your vehicle comply with legal requirements and regulations. It safeguards you against potential legal complications, fines, or penalties.

3. Verifying Ownership:

   - Documents such as the sales certificate, invoice, and registration certificate act as undeniable proofs of ownership, cementing your legal position as the owner of the vehicle.

4. Facilitating Ease in Vehicle Registration:

   - Proper documentation is essential for a seamless vehicle registration process, ensuring that your vehicle gets a legitimate registration number without unnecessary delays or hassles.

5. Enabling Valid Insurance Coverage:

   - Necessary documents are required to procure a valid insurance policy for your vehicle, ensuring it is covered against damages, theft, or third-party liabilities.

  1. Helping in Address and Identity Verification:

   - Valid identity and address proofs are pivotal in confirming your identity, fostering trust between you, the seller, and other legal or financial entities involved.

  1. Ensuring Hassle-free Resale:

   - Well-maintained documentation enhances the resale value of your vehicle. It assures the potential buyer of the vehicle’s authenticity, legal clarity, and well-maintained history.


Proper documentation is like a solid foundation upon which the house of your two-wheeler purchase and ownership is built. It ensures a stable, secure, and legally compliant ownership experience. It might seem cumbersome, but the importance of maintaining, updating, and safeguarding your vehicle’s documents cannot be overstated. So, ensure that your paperwork is always in impeccable order, safeguarding you against unforeseen legal or procedural hiccups. 

Bike Loan Age Limit

Getting a bike loan involves various eligibility criteria that need to be met to ensure a smooth approval process. Age is one of these pivotal criteria that plays a significant role in determining your eligibility for a bike loan. So, what exactly are the age parameters you need to be aware of when planning to finance your two-wheeler through a loan? Let’s delve into the details:

1. Minimum Age Limit:

   - Generally, the minimum age to apply for a bike loan is 18 years. However, it’s essential to note that being an adult is not the sole requirement; you must also have a steady source of income to show your capacity to repay the loan.

2. Maximum Age Limit:

   - The maximum age limit varies from one financial institution to another. Typically, lenders prefer that the loan tenure doesn’t extend beyond the borrower's retirement age, ensuring that the repayment is completed while the individual still has a regular income. The usual maximum age limit is around 65 years.

3. Age Considerations:

   - Lenders often look at age as a factor that influences the risk associated with the loan. Younger individuals may be seen as higher-risk borrowers due to potential instability in income, while older individuals might be nearing retirement, affecting their repayment capacity.

4. Flexibility and Variations:

   - Some lenders might offer flexibility regarding age limits based on the applicant’s profession, income stability, and credit score. Exceptional cases might be considered based on the lender's discretion and the applicant’s overall profile.

Age is a crucial eligibility criterion that shapes the contours of your bike loan application and approval process. It’s intertwined with various aspects such as income stability, career trajectory, and repayment capacity. Ensuring that you fall within the acceptable age bracket, coupled with a strong financial profile, will pave the way for a successful bike loan application. It’s always advisable to check the specific age-related guidelines of the lender you choose, aligning your application with their criteria for a smoother, hassle-free loan process. 

Documents Needed to Get Bike Insurance

Getting your bike insured is not just a legal necessity but also a smart move to safeguard yourself against unexpected financial burdens due to accidents, damages, or theft. The process of getting bike insurance involves the submission of specific documents that verify your and your vehicle’s details. Here's a systematic breakdown of the essential documents you’ll need to furnish to secure a bike insurance policy:

1. Registration Certificate (RC):

   - The RC is a primary document that provides details about your bike, such as its registration number, chassis number, and engine number.

2. Proof of Identity:

   - You can submit government-issued identity proofs such as Aadhaar Card, Passport, Voter ID, or Driving License.

3. Proof of Address:

   - Documents like Electricity Bill, Aadhaar Card, or any other government-approved document that certifies your current address.

4. Driving Licence:

   - A valid driving licence that attests to your eligibility to operate the vehicle.

5. Vehicle’s Purchase Invoice:

   - The original invoice of the bike provides essential details like the purchase date and the price paid, necessary for insurance valuation.

6. Passport Size Photographs:

   - Recent photographs might be required for processing and verification purposes.

7. Previous Insurance Details (if applicable):

   - If you are renewing or switching your insurance, details of the previous insurance policy, including the policy number, are required.

8. No Objection Certificate (NOC) (if applicable):

   - An NOC from the previous owner or financer, in case of a second-hand bike or if the bike was previously financed.

9. PUC Certificate:

   - A valid Pollution Under Control (PUC) certificate assures that your vehicle meets emission standards.

Having the necessary documents in place is a prerequisite for a smooth, hassle-free bike insurance acquisition process. It ensures that all the details are accurately recorded, safeguarding you against potential future discrepancies or issues. Always keep your documents updated, accurate, and readily available to facilitate easy processing and approval of your bike insurance. 

Benefits of Online Two-Wheeler Insurance

In a world where digitalisation has permeated every facet of life, securing two-wheeler insurance online has emerged as a convenient, efficient, and popular choice. Let’s explore the multitude of benefits that online two-wheeler insurance brings to the table:

1. Convenience:

   - The foremost advantage is the sheer convenience. You can browse, compare, and purchase two-wheeler insurance from the comfort of your home or anywhere else, without the hassle of visiting an insurance office.

2. Wide Range of Options:

   - The online marketplace is bustling with numerous insurance providers offering a variety of plans. You have the luxury of exploring and comparing different policies to find the one that best suits your needs and budget.

3. Easy Comparison:

   - Several online platforms allow you to compare different policies based on premiums, coverage, and customer reviews, enabling you to make an informed decision.

4. Cost-Effective:

   - Online policies often come with competitive premiums and discounts, enabling savings. The absence of middlemen also cuts down on commission costs, making online policies more cost-effective.

5. Easy Renewal and Policy Management:

   - Managing and renewing your policy online is straightforward. You receive timely reminders, and the renewal process is usually quick and hassle-free.

6. Access to Detailed Information:

   - Online platforms provide comprehensive information about policy features, inclusions, exclusions, terms and conditions, allowing you to delve deep into the details before making a purchase.

7. Quick and Seamless Process:

   - The process of purchasing online insurance is usually fast and seamless, with instant policy issuance and soft copies mailed to you immediately.

8. Secure Payments:

   - Reliable payment gateways ensure that your transaction details are secure, providing multiple payment options like credit/debit cards, net banking, and digital wallets.

9. Customer Support:

   - Most online insurance providers offer robust customer support through chats, emails, and helplines to assist you at every step and answer your queries.

Final Thoughts

Now that you know the documents required for a bike loan in India, go ahead and get that dream bike. Remember to get insurance while you are at it! 

Embracing the online avenue for two-wheeler insurance purchases comes with a bouquet of benefits, making the process efficient, comprehensive, and user-friendly. It not only simplifies the buying process but also empowers you with information, choice, and convenience, ensuring that you secure the best protection for your beloved two-wheeler in a manner that is in sync with the digital age. 


  1. What documents are essential for applying for a two-wheeler loan in India?

   Answer: Essential documents include proof of identity, proof of address, income proof, and the bike’s quotation from the dealer. Some banks may require additional documents based on their specific criteria.

  1. Can I apply for a two-wheeler loan online?

   Answer: Yes, most banks and financial institutions allow you to apply for a two-wheeler loan online through their official websites or mobile applications.

  1. Is it necessary to have a good credit score to apply for a bike loan?

   Answer: A good credit score can increase your chances of loan approval and may help you secure a loan with better interest rates and terms.

  1. What is the general tenure of bike loans in India?

   Answer: The tenure for bike loans can range from 12 to 48 months or even more, depending on the lender and the applicant's eligibility.

  1. Do I need to provide a guarantor or collateral for a two-wheeler loan?

   Answer: Usually, the bike itself serves as the collateral. A guarantor may not be necessary unless there are specific concerns regarding the applicant's creditworthiness.

  1. Can I prepay or foreclose my two-wheeler loan?

   Answer: Yes, you can prepay or foreclose the loan, but some banks may charge a penalty or fee for early repayment.

  1. Are there any special loans for women applicants?

   Answer: Some banks offer special schemes or discounts for women applicants, such as lower interest rates or processing fee waivers.

  1. How is the interest calculated on two-wheeler loans?

   Answer: Interest on two-wheeler loans is generally calculated using the reducing balance method, where interest is calculated on the outstanding loan balance.

  1. Can I negotiate the interest rate on my bike loan?

   Answer: While it might not always be possible to negotiate the interest rate, having a good credit score and strong repayment capability can put you in a position to discuss terms with the lender.

  1. What happens if I miss an EMI payment?

   Answer: Missing an EMI payment can result in penalties and affect your credit score. Continuous non-payment may lead the lender to take legal action and repossess the vehicle.


This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
must dotmust graphics

Why to buy from InsuranceDekho?

  • Instant policy# within 5 mins
  • More than 50 lakhs happy customers
  • Claim Support available all 7 days of the week

People Also Read