Exchange Bonus Up to ₹6,500
Velavan Motorcycles runs one of Chennai's largest two-wheeler exchange programmes. Because we dispose of exchanged bikes directly through REOWN, Royal Enfield's certified pre-owned network, we can usually pay more than a walk-in classifieds buyer.
On top of the valuation, an exchange bonus of up to ₹6,500 is applied against your new Royal Enfield — most customers roll the combined amount into the down payment to bring their EMI down.
Exchange Bonus Up to ₹6,500
Get an additional exchange bonus of up to ₹6,500 on your old bike.
Other Running Offers at Velavan Motorcycles
- • Down Payment From ₹4,999 — Ride home your Royal Enfield with a down payment starting at just ₹4,999.
- • Interest Rate From 5.99% — Attractive finance schemes with interest rates starting from 5.99% p.a.
- • GMA Offer – Up to 15% OFF — Up to 15% OFF under the Genuine Motorcycle Accessories (GMA) offer.
- • Riding Gear – Up to 50% OFF — Up to 50% OFF on Royal Enfield riding gear, helmets and apparel.
- • Special Discount for CSD Customers — Exclusive special discount for CSD (Canteen Stores Department) customers.
How the Two-Step Valuation Works
Step one is remote: WhatsApp us clear photos of the bike, the RC book and the current odometer reading. Our team returns an indicative on-paper offer, usually within the hour during showroom timings.
Step two is physical: bring the bike to our Greams Road showroom. The valuation team checks engine condition, tyres, chassis, service history and paperwork, then confirms the final number. There is no obligation to proceed.
Exchange Plus Finance
Applying the exchange value as down payment reduces the financed amount, which lowers both your monthly EMI and the total interest paid.
If your old bike still carries a loan, we help with the closure and NOC paperwork before transfer so the exchange is not delayed.
Frequently Asked Questions
How much exchange bonus can I get on my old bike?
The exchange bonus at Velavan Motorcycles goes up to ₹6,500, over and above the valuation of your old bike. The exact bonus depends on the model you buy and the running offer.
Do you accept non-Royal Enfield bikes in exchange?
Yes. We accept any brand — Bajaj, TVS, Hero, Honda, Yamaha, Suzuki, Mahindra, KTM — as well as older Royal Enfield models.
How is my old bike valued?
Send photos, the RC and current odometer reading on WhatsApp for an indicative offer, then bring the bike to Greams Road for a physical inspection that confirms the final valuation.
What documents do I need for an exchange?
Original RC, valid insurance, PUC, a photo ID, and the NOC or loan closure letter if the bike was financed.
Terms & Conditions
- • Offers valid only at Velavan Motorcycles, Chennai (Greams Road & Nandanam).
- • Subject to stock availability and finance approval.
- • Cannot be combined with any other corporate or government scheme.
- • Exchange bonus subject to physical valuation of old bike.
- • Velavan Motorcycles reserves the right to modify or withdraw any offer without prior notice.