Yes, students can get a two-wheeler loan to buy a bike if they meet certain eligibility criteria that is set by the bank/lender. 


The minimum age to get a bike loan in most banks is 21 years, but some banks and Non-Banking Financial Companies (NBFCs) have a minimum eligibility age of 18 years. So, if you are above 18 years of age, you can apply for a two-wheeler loan to buy a bike. 

Part time job:

If you are a student with a part time job, you can show your pay slips as a proof of income to get a two-wheeler loan approved by the bank/lender. Most banks/lenders look for income proof to access your repayment capability and regular income can suffice as evidence for repayment ability. 


You can get a two-wheeler loan if you apply with a guarantor. Your guarantor must have a good, stable job and provide income proof for the same and should have a good credit score. This can help in getting a two-wheeler loan with ease. A guarantor is a person who will need to pay for your loan if you cannot afford to repay it. 

Credit score & history:

If you have a good credit score and a long credit history, it will be easier for you to get your two-wheeler loan approved. A credit score is used by the bank/lender to assess your creditworthiness. So, if you have a prior credit history and managed to maintain a good credit score, it is very advantageous. 

Down payment:

If you make a large down payment for the purchase of your bike, the loan amount to be taken will be lower for the remaining cost. So, banks/lenders will be willing to lend a comparatively small amount as a two-wheeler loan to a student. So, the larger the down payment on your bike, the higher the chances of getting your loan approved. 

To apply for a two-wheeler loan, click here