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Buying your dream two wheler was never so easy. Whether it is a loan for a scooter, motorcycle, scooterrete or a moped, we can help you make your dream come true. We understand the different needs and think that its our job to ensure you get the best deal for your money. At Jain Finance Corporation, we believe in making things easier and faster for you.

Please read the following details to know how easy it is to get a Two Wheeler Loan from Jain Finance Corporation.

Eligibility Salaried Self-Employed

Min. Age

21 Yrs.

21 Yrs.

Max Age*

60 Yrs.

65 Yrs.

Gross Monthly Income

Rs. 4,500

 Rs. 4,500
  * Maximum age refers to age to loan Maturity.
Products Financed
Scooter, Motorcycle & Scooterrete
Loan Amount
Funding up to 85% of the product price.
Minimum Loan Amount
The Minimum Loan Amount you can avail is Rs 20,000
Repayment
Convenient options of paying the loan installments in 12, 18, 24 months through Post-Dated Cheques. All Post-Dated Cheques shall be drawn in favour of Jain Finance Corporation.
Charges
Processing Fees : A processing fee of 2% of the loan amount shall be applicable.
Pre-payment charges : You have a option of re-paying the loan only after 6 months. A pre-payment charge of 3% will be applicable on the outstanding loan amount.
Guarantors
To get a Two Wheeler Loan from JFC, you need a guarantor. However co-applicant may also be taken, if requested for.
Documents Required For Salaried & Self-Employed
  Salaried Self-Employed

Proof of Identity
(Any one)
  • Voter ID Card
  • Driving License
  • Passport
  • Employers ID Card Photo Ration Card
  • Photo Credit Card
  • Voter ID Card
  • Driving License
  • Passport
  • Employers ID Card
  • Photo Ration Card
  • Photo Credit Card

Proof of Residence
(Any one)
  • Driving License
  • Passport
  • Voter ID Card
  • Ration Card
  • Telephone Bill
  • Electricity Bill
  • Municipal Bill
  • Credit Card Statement
  • Rent Agreement Bill
  • Driving License
  • Passport
  • Voter ID Card
  • Ration Card
  • Telephone Bill
  • Electricity Bill
  • Municipal Bill
  • Credit Card Statement
Proof of Income
  • Latest Salary slip
  • Salary Certificate & Bank Statement
  • Latest IT Returns & Computation of Income

Bank Statements
  • Last 3 months Bank Statements
  • Last 3 months Bank Statements
Loan Channels
MAXIMUM LOAN
Looking to make Minimum Down Payment? Maxi Loan is the right choice for you. Make Minimum Down Payment and get Maximum Loan Amount upto 85% on the basis of your stable Income Proofs, just in case you need it.
REGULAR LOAN
Simple, friendly and quick loans. An installment loan of upto 75% for upto 24 months that makes sure that you drive away the two wheeler of your dreams.
SMART LOAN
No Income Proofs required. All you need to get along is your Residende and ID proof for a loan amount upto 65%.
SPOT LOANS
Looking for a spot approval? Then Instant in the right choice for you. A loan amount upto 50% with Minimum Interest Rates. A highly flexible on the spot approved loan scheme designed just for you.
  Maximum Loan Regular Loan Smart Loan Spot Loan

Loan Amount
(% of Invoice Price)

 85% 75%

65%

50%

Identity Proof

Residence Proof
Photograph
Post Dated Cheques
Income Proof    
Credit Card Copy      

Others *

 

 * 1. IT Acknowledgement of 3 years / Pay Slip or Salary Certificate.
  2. Bank Statement of previous 3 months upto date.

Download the PDF format of the APPLICATION FORM