Geeta’s daughter just turned 19, and she wanted to give her Honda Activa. Geeta went for a used two-wheeler showroom, and selected Honda Activa for her daughter. Now, Geeta had roughly Rs. 20,000 for purchase of Activa, and she wanted to finance remaining cost of bike, Rs. 40,000. Due to several factors, Indian banks are not interested in financing used two-wheelers. The dealer told her about LoanMeet, a leading P2P lending platform, and she approached us for financing her two wheeler. We approved her used two wheeler loan application in a day, and she gave Honda Activa to her daughter on her 19th birthday.

Since we have good relations with many offline dealers, our dealers release bikes to our customers even before we made the full payment of used two wheeler loan amount to the dealers. We have also partnered with CredR, a leading used two-wheeler marketplace, and we have given multiple used two wheeler loans to customers of CredR. If your dealer does not know about LoanMeet and our used two wheeler loan product, that is perfectly fine. Please give us contact details of the dealer, and we would work with him to finance your purchase.

Below are the steps to get the bike loan:

  • Open your web browser on your laptop or mobile phone
  • Enter www.loanmeet.com 
  • Click Get A Loan at the top
  • Fill your basic details and select “Vehicle Loan” as loan type

Upload your documents, and complete the loan application

At LoanMeet, we want to finance dreams of individuals, and we are glad that we are able to do so in most cases. If you are looking for a used two-wheeler and need help in financing, we would be happy to help you in purchase of two-wheeler. We believe that peer to peer lending is better than banks, and we believe that you would feel the same. We can be reached at hello@loanmeet.com or 7259355400 for any questions.