Zero Down Payment Bike Loan Guide
How 100% on-road funding offers work, who gets them, and the hidden costs to check.
Updated 27 September 2026 · 8 lenders trackedWhat you need to know
“Zero down payment” means the lender funds the full on-road price. Banks usually fund 70% – 90%; 100% funding is offered mainly to strong profiles (HDFC Bank funds up to 100% for select customers and models) or through dealer schemes that make up for it with a higher rate, fees or advance EMIs.
Who offers high funding
| Lender | Maximum funding |
|---|---|
| HDFC Bank | Up to 100% of vehicle price (select customers/models) |
| Bandhan Bank | Up to 95% of on-road price (aggregator) |
| PNB | 90% for salaried with salary via PNB/check-off |
| Bank of Baroda | 90% for loans up to ₹3 lakh |
| SBI | 85% of on-road price |
| Indian Bank | 70% – 75% |
Pros and cons
- No savings needed upfront
- Get the vehicle immediately
- Higher EMI and total interest
- You owe more than the bike is worth for most of the loan
- Often priced higher than a normal loan
Flat vs reducing rate
Frequently asked questions
Is zero down payment really zero?
Often not — dealers may collect registration, insurance or 1–2 advance EMIs upfront. Ask for the total cash needed at delivery and the APR.
Who qualifies for 100% funding?
Usually existing customers with a strong credit score and stable income, on models the lender has tied up with.
For information and comparison only. Loan terms, rates and rules change — confirm with the lender and read the Key Facts Statement before borrowing.