CreditMate Receives Investment from PayTM

Read all about us in the news !

Some supportive words from our new investor.

Diwali Offer

Buy Yourself a  2nd Hand Two Wheeler this Diwali With Only 10% Down Payment 

Why spend months saving up for a second hand two wheeler when you can have one now with a loan and only 10% down payment?

Treat yourself this Diwali and take advantage of this offer.

We have a stress free application process along with low EMIs and instant pre-approval.

Infact, apply now online on and get pre- approved in 30seconds.

Only 10% down payment
Special Diwali Offer

Special loan offer on second hand bikes for Navratri (Gujarat only)


Have you always thought that your wife, sister or mother would benefit from their own scooter so that their daily travel is less stressful?

Then look no further.

This Navratri season we are offering customers in Gujarat the chance to avail a two wheeler loan for used scooters or motorbikes at 0% down payment only.

Bring home something special this Navratri with the help of CreditMate.
*For a limited period only * Offer ends on the 30th September 2017.
For more details call us on 022 49244563.  Get Credit and get moving with CreditMate.

Depreciation in 2 Wheelers in India

Buying a brand new two-wheeler is a great feeling. However, it can be expensive. In this short article CredtiMate looks at the depreciation modelling of average bikes in India and explains the process.

Like anything Brand New and un registered has a different price to used. Unfortunately, this is the case especially in vehicles where as soon as you drive the bike away from the dealer your new bike is now considered Used. Typically, this means a whopping 15% straight off the value should you need to trade it in.

On average, this value reduction happens fastest in years 0 to 2 then slows down. The rate of the decrease in value can be mapped on a depreciation curve:

Some bike models depreciate faster than others, and some keep their for value longer. So if buying a new two wheeler consider the resale or trade in value for that particular model unless you are planning to keep it for decades until it becomes a classic!

The advent of GST which means that on the road price variations across the country have reduced. In addition, a recent increase in supply of new stock the depreciation from brand new to 1st owner is accelerating. Previously used prices for nearly new bikes were kept high because of limited or delayed availability of the new model (buyers were not prepared to wait for delivery). Now with new stock available for popular models the pricing

This is good news for used bike buyers who want a great quality nearly new bike. You can often save yourself upwards of 25% of the price of new for a less than two year old bike.

Smart Buyers save more!

India Runs on Two Wheels!

India is the Worlds largest two wheeler market. With nearly 20 Crore motorbikes on our roads and 2 Crore new bikes sold a year.

Two wheelers are used as daily transport for hundreds of millions of us riding bikes and scooters to work and back, on days out and to deliver goods.

Whilst the New Bike market is well catered for with Loans, the used two-wheeler market has had no formal lenders until now. Did you know that nearly 65% of all new two wheelers are sold on finance?

CreditMate is a specialised second hand two-wheeler lender. We operate in Maharashtra, Gujarat and Rajasthan and are busy adding new markets every day.

Our website makes it easy to get approved for a loan and understand the EMI and interest rates you will be paying. We aim to make owning a great value used motorbike easy and affordable. We have a network of over 100 approved used bike dealers and every one of our vehicles is VAHAN / RTO checked and comes with registration certificates.

Whether you’ve already found your dream ride on OLX or you have one in mind we can help you calculate your EMIs and get moving. It takes only a few seconds to get approved in principle and our loans are disbursed in less than a day!

We cover all bikes from Superbikes, Royal Enfield Bullets to urban Scooters such as the Honda Activa. We lend to customers from all walks of life and backgrounds – more than half of our customers have never taken finance before and are self-employed.

We believe that Indian’s deserve a choice and with low down payments and EMIs we aim to make the value of a quality used vehicle available to all.

Get Credit. Get Moving.

Team CreditMate

India’s Iconic Bikes

Which one of these have you always wanted to ride?

This Independence day Cars 18 takes a look at 5 of India’s most Iconic Bikes.

No surprises for guessing the no1, India’s own Royal Enfield Bullet. The Hero Honda Splendor, Yamaha RX100 and Bajaj Pulsar also feature in the list.

We think that some of India’s classic scooters should also feature.

Don’t forget if you want to own a  2nd hand Royal Enfield, CreditMate has a special loan offer running. Call us on 022 49244563. Get credit and get moving with CreditMate.

Read the full story Here

Dealer Focus

CreditMate’s Used Bike Dealers are a key part of our business.

For our dealers we provide technology that enables a dealer to quickly generate loan and insurance quotes on the spot for customers. Our dealers sell more bikes and better bikes because customers availing finance are able to get access to newer and higher quality two wheelers.

We are always happy to discuss new dealership or DSA partnerships. If you are a used or new and used two wheeler dealer then drop us a line at and find out how we can help grow your business.

Team CreditMate