L&T Finance launches Super Bike loans starting with interest rates of 5.99%

In September 2023, the company collaborated with electric vehicle (EV) manufacturer Ather Energy to offer up to 100 percent financing based on the loan-to-value (LTV) of the vehicles provided by Ather.

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L&T Finance announced the launch of its new Super Bike Loans on March 19, at interest rates starting from 5.99 percent with a tenure of up to 60 months. The loan will be available not only digitally but across all the Original Equipment Manufacturers (OEMs) from across the country and no premium will be charged to self-employed customers, the company said in the press release.

In the October-December FY24 quarter, the company’s disrbusal in the two wheel segment grew by 18 percent to Rs 2,540 crore from Rs 2,146 crore a year earlier. The total two-wheeler book of L&T Finance stood at Rs 10,447 crore versus Rs 8716 crore a year before.

In September 2023, the company collaborated with electric vehicle (EV) manufacturer Ather Energy to offer up to 100 percent financing based on the loan-to-value (LTV) of the vehicles provided by Ather.

Customers can opt for EV financing through various product lines from L&T Finance such as Verified Income Proof (VIP) loan, VIP Pro Loan, Sabse Khaas Loan (SKL), SKL Pro, Centum Loan, and Express Loan.