L&T Finance launches Super Bike Loans at competitive interest rates starting at 5.99 percent per annum

•Funding up to Rs. 20 lakh with a tenure of up to 60 months

•Will cater to all Super Bike Original Equipment Manufacturers (OEMs)

•Segment expected to grow at around 15-18 percent Compound Annual Growth Rate (CAGR) over the next 3-5 years

PUNE : L&T Finance Holdings Ltd. (LTFH), one of the leading Non-Banking Financial Companies of the country, is thrilled to announce the official launch of its new Super Bike Loans offering, designed specifically for enthusiasts who wish for the exhilarating experience of riding the latest cutting-edge motorcycles.

LTFH Super Bike Loans offer a comprehensive range of financing options designed to cater to the diverse needs of the riders whether they are seasoned veterans or newcomers to the world of motorcycling. Additionally, the loans are offered at competitive interest rates, with convenient repayment terms, and personalised customer service to ensure a seamless and hassle-free experience for customers.

Commenting at the launch, Mr. Sanjay Garyali, Chief Executive – Urban Finance at LTFH said, “We are delighted to announce the launch of our Super Bike Loans, designed to enhance accessibility to high-performance motorcycles for enthusiasts nationwide and ignite their passion for riding. At LTFH, we understand that owning a high-performance motorcycle isn’t just about transportation and is a lifestyle choice, passion, and statement of individuality. Our loans will be available for any make or model, ensuring customers across the country can benefit from this opportunity. We foresee significant growth potential in the Super Bike segment, fuelled by improvements in road infrastructure and increased consumer purchasing power. Super Bike is a lucrative business segment, and we expect it to witness a CAGR of 15-18 percent over the next 3-5 years. Additionally, while our offering is available across the country, we anticipate markets such as Mumbai, New Delhi, Kolkata, Pune, Hyderabad, Chennai, and Kochi to generate heightened demand for our offering.”