Fast Approval & Low Interest Rates

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Fill in bike details and your preferred loan amount. We will match you with suitable lenders.

Competitive Interest Rates

We work with multiple motorcycle financing partners in Singapore to offer the lowest interest rates for Class 2B, 2A and Class 2 bikes. Compare lenders and choose the most affordable option for your budget.

Quick Approval Process

Submit your loan request online and receive offers from lenders within minutes. No paperwork, no hassle — just fast and transparent approvals.

All Types of Motorcycle Loans

Choose from used bike loans, brand-new motorcycle loans, COE renewal loans and refinancing options. We help you finance any motorcycle quickly and safely.

Upfront In-Principal Approval

Get an in-principal approval before finalising the bike purchase. This gives you clarity and confidence in your loan eligibility and budget.

Easy Online Application

Our digital form allows you to apply anywhere, anytime. Fill in basic details and instantly receive loan options tailored to your motorcycle purchase.

$0 Ride-Off Possible

Depending on your profile, selected lenders offer $0 upfront payment options, allowing you to ride off without a downpayment.

All financing partners are members of HPFLAS (Hire Purchase, Finance and Leasing Association of Singapore).
This ensures transparent loan terms and fair interest structures for all applicants.

STEPS

Getting a motorcycle loan is now easier with SGBIKEMART

Follow these 4 simple steps and ride away on your dream bike in no time.

1

Apply
Online

Fill in our quick online loan application form in just a few minutes.

2

Upload Supporting Documents

Submit NRIC, income documents and employment information securely.

3

Receive Offers from Multiple Lenders

Your loan request is sent to several lenders who compete to offer you the lowest interest rates and most flexible plans.

4

Choose the Best Loan Package

Compare interest rates, repayment terms and approval amounts — then select the offer that best fits your needs.

Apply now and get fast approval for your motorcycle loan — whether you ride a Class 2B scooter, a sport bike, or a big touring machine.

Frequently Asked Questions

Sgbikemart Motorcycle Loan is a financing option offered by Sgbikemart, an online marketplace portal for motorcycles based in Singapore. This loan is designed to help individuals purchase motorcycles or renew motorcycle COE and pay for them in installments over a period of time.

In order to qualify for Sgbikemart Motorcycle Loan, applicants must be either Singaporean citizens, Permanent Residents, or hold a valid work permit, and must be at least 18 years of age. Additionally, applicants must meet the credit assessment criteria established by the financial institution responsible for issuing the loan. If the borrower's financial standing is deemed insufficient, a guarantor may be required to support the loan application.

The in-principal approval of your Sgbikemart Motorcycle Loan is valid for 30 days. This means you have four weeks to complete the remaining steps of the loan application process and finalize the purchase of your motorcycle.

You can use Sgbikemart Motorcycle Loan to purchase used motorcycles for personal use. This loan does also cover commercial food delivery vehicles.

Yes, you can use Sgbikemart Motorcycle Loan to buy a used motorcycle through a direct seller. However, you will need to ensure that the used motorcycle meets the eligibility criteria set by the financial institution providing the loan.

Sgbikemart Motorcycle Loan offers competitive interest rates because they have partnerships with multiple financial institutions that are willing to provide financing options for motorcycle purchases. This allows Sgbikemart to negotiate better rates and terms for their customers.

You can calculate your overall savings by comparing the interest rates, fees, and repayment terms of Sgbikemart Motorcycle Loan with other financing options available to you. You can use online calculators or speak to a loan officer to help you with this.

To apply for Sgbikemart Motorcycle Loan, you need to visit their website and fill out the online application form. Once contacted over the phone, you will need to submit personal and financial information documents, as well as details about the motorcycle you want to purchase.

After submitting your loan application, you can expect to hear back within 1-2 business days. If additional information is needed, a loan officer may contact you to discuss your application further.

If you wish to change the motorcycle you want to buy after loan approval, you may need to submit a new loan application for the used motorcycle you want to purchase.

Upon receiving an in-principle approval, it means that you have met the initial eligibility criteria for the loan. To proceed with the loan application, you need to make a refundable deposit. Once the payment has been made, the financial institution's details will be displayed on our website and sent to you via email. You can then show them the email and they will guide you through signing the loan agreement and completing any remaining steps of the loan application process, which includes providing necessary documentation and finalizing the purchase of your motorcycle. The lender will also settle the seller's payment and transfer ownership to you.

Once your agreement has been signed at the financial institution, do update the financial institution to confirm the application and we will refund the deposit back to the card that you had made the payment.

If your motorcycle loan application is declined, it means that you did not meet the eligibility criteria set by the financial institution providing the loan. You can contact the loan officer to discuss your application further or explore other financing options.

You will know that your Sgbikemart Motorcycle Loan has started once all the required documents have been submitted correctly. We will then open your loan application via our system for all financial institutions to offer their best rates for your loan. Once the bidding has closed, you will receive an email to log in to our portal to see the offers of the in-principal approved loan by various financial institutions.

All lenders of the financial institution are registered under the Hire Purchase, Finance, and Leasing Association of Singapore. If you have any questions regarding the loan, you can contact us for assistance.