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TVS Two-Wheeler Loan
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The TVS group is among India's largest industrial entities having over 30 companies and more than 40,000 employees across the globe. It is a significant player in the manufacture of two-wheelers, computer peripherals, and vehicle parts. The TVS Credit Services Limited or TVSCSL is a subsidiary of the TVS Group and is present in 16 states across India, serving more than a million customers.

Through the two-wheeler loan from TVS Credit, a person can choose a two-wheeler from TVS at accommodating terms and lucrative rates. TVS credit provides loans for TVS vehicles at best possible prices in the market of automobiles.

Loan Eligibility

Below is the eligibility criteria for the applicants which must be fulfilled for loan application of TVS Credit Services:

  • The borrower must be a salaried or self-employed individual.

  • The borrower must be from a partnership or proprietorship firm.

  • Public and private limited companies can also apply.

Features of TVS Credit Two Wheeler Loan

  • Loan amount: TVS Credit Services offers a loan amount of up to 90% of the on-road cost of the two-wheeled vehicle. Hence, the total loan amount varies as per the choice of the vehicle the applicant is planning to purchase.

  • The rate of interest: The current rate of interest being provided on two-wheeler finance is in the range of 15% to 29% per annum. The applicants taking credit for the purchase of any TVS vehicle in the Scooty range, can avail reasonable rates of interest with exclusive discounts and deals.

  • Loan repayment: The company gives a loan repayment period from 12 to 48 months to its borrowers.

  • Documents: The documentation process of TVS Credit Services is smooth.

  • Quick disbursal of loan: The most challenging step in taking a loan is the approval process which usually takes a longer time than expected as the bank goes through the entire cycle of eligibility and documentation check process. The lender does it to calculate the repayment capacity of the borrower by analyzing their income, expenditure, and past transaction history from the bank account statements. On the contrary, the TVS Credit two wheeler loan's USP is that it can be approved within 24 hours of putting loan application request.

  • Cash: The company allows its applicants a convenient option of cash for making monthly repayments for the loan. The applicant doesn't even need to opt for the hassle of post-dated cheques system as the applicant require to visit the TVS dealership and choose the Cash-king option.

  • Easy finance for entrepreneurs: The TVS Credit Services provide reasonable rates on two-wheeler credit for small entrepreneurs and agriculturists especially for buying two-wheelers such as Max 4R or a moped.

  • Women on wheels: The female borrowers who are planning to attain a two-wheeler loan for buying TVS Scooty models can avail loans at discounted offers with the alluring interest rates.

Documents Required for TVS Credit Two-Wheeler Loan

Following are the documents required for submission along with the duly filled application form for a two-wheeler loan:

  1. Proof of Identities such as passport, driver's license or any government-issued IDs.

  2. Residential Proof such as electricity bill, telephone bill.

  3. Documents having signatures.

  4. Bank statement of the borrower of the last three months which reflects the spending patterns of the applicant, allowing the company to determine the repayment capacity.

  5. Salary proof such as salary slips of previous months, recent ITR filed (Income Tax Returns) or Form -16.

  6. If the applicant is a private or public limited company, MOA, or AOA should be given with a resolution from the board.

  7. If the applicant is a partnership firm, a declaration with a partnership deed is required.

  8. The documents should be valid and genuine and supported by adequate proof.


Q1. What is the maximum loan period that can be availed for a two-wheeler loan from TVS Credit Services?

A maximum loan period of 48 months can be availed for a two wheeler loan.

Q2. What is the maximum loan quantum, I can get from TVSCS for buying a two-wheeler?

The maximum loan amount that the borrower can avail is 90% of the on-road price of the vehicle.

Q3. How much time does it take to get the loan approved at TVSCS?

The two-wheeler loan can be approved within 24 hours of applying due to its easy documentation and fast-track approval.