State Bank of India

State Bank of India Two-Wheeler Loan

Interest from

8.50%

p.a. reducing

Loan amount

₹20K – ₹5 L

secured

12–48 moTenure

—Processing fee

Check Your Offer →Compare View full details

OTP-verified soft check · won’t affect your credit score · DPDP-consented

Calculate your EMI

Move the sliders to see monthly EMI, total interest, and total cost of this loan.

Loan amount₹1,20,000

Tenure4 years

Interest rate8.50%

Your actual rate depends on your credit profile, income, and employer category.

Monthly EMI

₹2,958

Total interest

₹21,974

Total payment

₹1,41,974

Total cost of this loan

✨ interest + processing fee

₹21,974

Interest Rate8.50% – 14.00%Floating

Max Amount₹5 Lfrom ₹20K

Tenure1 yr – 4 yrs

Total cost of this loan

For a ₹1.2 L loan over 3 yrs at 8.50% — your best-case scenario.

Monthly EMI: ₹3,788
Total interest: ₹16,372
Total cost: ₹16,372

You repay ₹1,36,372 for ₹1,20,000 borrowed.

Customize amount, tenure & rate in the EMI calculator above ↑

Rate and prepayment

This is a floating-rate loan. No prepayment penalty — you can foreclose or pre-pay any amount at any time, free of charge (RBI mandate for floating-rate individual loans).

Compare State Bank of India with other two-wheeler loan lenders

Compare with other lenders →

About State Bank of India

Type: Bank
Established: 1955
Headquarters: Mumbai
Rating:4.0/5

India’s largest public-sector bank. EBLR 7.90% (repo 5.25 + 2.65 spread) effective 01-Apr-2026; home loans from 7.50%, Xpress Credit personal from 11.45%, auto from 8.70%.

Visit State Bank of India website