ICICI Bank Two-Wheeler Loan EMI Calculator
Pick one of the 1 ICICI Bank two-wheeler loan scheme we read from the bank's own website, or type the rate you are offered, to see the EMI, total interest and repayment schedule.
Official Rate Formula & Benchmark:
EMI = P × r × (1 + r)^n ÷ ((1 + r)^n − 1), with P the loan amount and r the monthly rate.
Current official starting rate: 10.25% p.a. (Range: 10.25% – 26.10% p.a.). Read from ICICI Bank's own website; your rate depends on your profile.
A ₹1,00,000 loan at 10.25% over 3 years has an EMI of ₹3,238, and costs ₹16,588 in total interest.
Picking a lender fills in its lowest published figure for that scheme. Your rate depends on your profile, course or vehicle, and can be higher. Compare all bike loan rates
ICICI Bank · Private bank
Two-Wheeler Loan
10.25%–26.1% (the calculator uses the lower figure)
Processing fee: Upto 4% of loan amount
Effective: Not stated · Last verified 21 Oct 2026 · Lender’s rate page
Monthly EMI
₹3,238
for 3 years
Principal
₹1,00,000
Total interest
₹16,588
Total payment
₹1,16,588
Principal vs interest
- Principal
- 85.8%
- ₹1,00,000
- Total interest
- 14.2%
- ₹16,588
Compare tenures
| Tenure | EMI | Total interest | Total payment |
|---|---|---|---|
| 1 year | ₹8,803 | ₹5,639 | ₹1,05,639 |
| 2 years | ₹4,626 | ₹11,025 | ₹1,11,025 |
| 3 years | ₹3,238 | ₹16,588 | ₹1,16,588 |
| 4 years | ₹2,548 | ₹22,321 | ₹1,22,321 |
| 5 years | ₹2,137 | ₹28,222 | ₹1,28,222 |
Amortisation Schedule
How each instalment splits between interest and principal over time.
Saved scenarios stay in this browser only. No sign-up.
Monthly EMI
₹3,238
ICICI Bank two-wheeler loan schemes
2 schemes, each read from ICICI Bank's own website. Pick any of them in the calculator above.
Two-Wheeler Loan
10.25% – 26.1%
- Processing fee
- Upto 4% of loan amount
- Effective
- Not stated
- Source
- ICICI Bank's page ↗
- Last verified
- 21 Oct 2026
Product page: '10.25% p.a.* based on loan amount, tenure and borrower's credit profile'. Documentation charge ₹500 + GST.
Two-Wheeler Loan: rates actually charged
17%
Rates actually charged (Quarter ended September 2026 (Q2 FY2026-27)), not a starting rate
- Processing fee
- Upto 4% of loan amount
- Effective
- Not stated
- Source
- ICICI Bank's page ↗
- Last verified
- 21 Oct 2026
Loans to individuals disbursed in Q2 FY2026-27, fixed rate, excluding subsidy and government schemes. Min, max and mean all 17.00%.
The rate you are offered depends on the bank's assessment and can be higher than the starting rate. Compare bike loan rates across lenders →
ICICI Bank two-wheeler loan rates
Verified on 21 October 2026 from ICICI Bank's site ↗
- Starting from
- 10.25% p.a.
- Published range
- 10.25% – 26.1%
- Processing fee
- Upto 4% of loan amount
The rate you are offered depends on your credit score, income and employer and can be higher than the starting rate. RBI rules do not allow foreclosure or part-prepayment charges on floating-rate loans to individuals (other than for business purposes).
How ICICI Bank compares
ICICI Bank's two-wheeler loan starting rate of 10.25% is the 2nd lowest of 17 banks with a verified rate. The lowest is Indian Bank at 8.9%, and the median is 11.45%.
- ICICI Bank
- ₹3,238
- Indian Bank
- ₹3,175
- Median bank
- ₹3,295
Monthly EMI on ₹1,00,000 on a 3-year loan, at each bank's starting rate. Your own rate depends on the bank's assessment.
Rate Verification & Official Notice
10.25% p.a.
10.25% – 26.10% p.a.
Upto 4% of loan amount
Applicable Conditions & Eligibility Factors:
- The starting rate is the lowest the bank publishes; your rate depends on credit score, income and employer
Source: ICICI Bank two-wheeler loan rates (official)
Rates subject to borrower risk-grade & RBI regulatory changes.How It Works
- 1Choose a ICICI Bank scheme: its rate, processing fee, effective date and source fill in.
- 2Enter the loan amount (the on-road price less your down payment) and the tenure.
- 3The EMI is a reducing-balance figure; the schedule shows principal and interest month by month.
Key Factors Influencing Your Rate
- •Your credit score, income and the bike's on-road price decide where in the range you land.
Worked Numerical Example: ICICI Bank Two-Wheeler Loan EMI Calculator
For a ₹1,00,000 loan at the starting rate of 10.25% a year for 3 years (36 months), the EMI is ₹3,238, with total interest of ₹16,588.
Frequently Asked Questions: ICICI Bank Two-Wheeler Loan EMI Calculator
- What is ICICI Bank's two-wheeler loan interest rate?
- ICICI Bank publishes two-wheeler loan rates starting from 10.25% a year (up to 26.1%), checked on 21 October 2026. The rate you are offered depends on your credit score, income and employer. Processing fee, in the bank's words: Upto 4% of loan amount
- Which ICICI Bank two-wheeler loan schemes does this calculator cover?
- Two-Wheeler Loan. Each rate was read from ICICI Bank's own website; the table lists the source, effective date and date checked.
- Are the rates ICICI Bank actually charged shown too?
- Yes, ICICI Bank also discloses the rates it actually charged on loans it disbursed (Quarter ended September 2026 (Q2 FY2026-27)). Those are listed in the scheme table, labelled as rates actually charged, and are never used as the starting rate.
- Is ICICI Bank's processing fee included in the EMI?
- No, a ICICI Bank loan EMI covers principal and interest only. ICICI Bank's processing fee, in the bank's own words, is listed against each scheme in the scheme table; it is usually paid upfront or deducted from the amount disbursed.
Explore More ICICI Bank Calculators & Generic Tools
Bank names and logos are trademarks of their respective owners. CalcMate is an independent calculator and is not affiliated with or endorsed by any bank.