Axis Bank on Wednesday said it has launched Super Bike Loans for 500cc and above bikes.
Under the product offering, the private sector bank will give loans up to 95 per cent of the bike cost including accessory funding with special offers & programmes for its own high net worth individual customers.
Rajiv Anand, Executive Director, said, “Super bikes like Harley Davidson, Triumph are truly iconic brands that many in India aspire to own. We are making this dream of our customers a possibility through our super bikes loans foray"
The trend of riding clubs & adventure biking activities surrounding these luxury bikes is further adding to the popularity quotient of the segment, the bank said in a statement.
The average age of customers in this segment is now at mid 30s down from the age of early 40s a couple of years back, it added.