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Vehicle Loan

Owning a vehicle is no longer a distant dream! Whether you are looking to buy a brand-new car, a used vehicle, or even a two-wheeler, a Vehicle Loan can make it possible with easy financing options. Our hassle-free vehicle loan process is designed to suit your financial needs, offering affordable EMIs, competitive interest rates, and flexible repayment options.

Features & Benefits of Our Vehicle Loan

Get financing for up to 90% of your vehicle’s cost with attractive interest rates for both salaried and self-employed individuals. Enjoy quick approval with minimal documentation and flexible repayment tenure of up to 7 years. We offer financing for both new and used cars, bikes, and commercial vehicles with no hidden charges. Benefit from prepayment and foreclosure options with minimal fees and choose custom EMI plans that fit your budget.

Types of Vehicle Loans We Offer

Car Loan - Get financing for a new or used car with easy EMIs and low interest rates.
Two-Wheeler Loan – Buy your dream bike or scooter with affordable down payments.

Get a loan for trucks, buses, and commercial vehicles to expand your business easily.
EV Loan – Finance an electric vehicle and contribute to a greener future.

Eligibility Criteria for Vehicle Loan

  • 1 Age: 21 to 65 years.
  • 2 Employment Type: Salaried, self-employed
  • 3 Income: Minimum ₹15,000 per month
  • 4Credit Score – CIBIL 700+ preferred.
  • 5Work Experience: Minimum 1-year business

Documents Required for Vehicle Loan

  • 1Identity Proof – Aadhaar Card / PAN Card / Passport
  • 2 Address Proof – Aadhaar Card / Utility Bills
  • 3 Income Proof – Salary Slips (Last 3 months)
  • 4 Vehicle Details – Dealer invoice/quotation
  • 5 Photographs – Recent passport-size photographs.

How to Apply for a Vehicle Loan?

Applying for a vehicle loan is quick and simple! Follow these easy steps:

1️⃣ Check Eligibility – Use our loan eligibility calculator to know your borrowing limit. 2️⃣ Submit Application – Fill out the online loan application form with the required details. 3️⃣ Upload Documents – Upload soft copies of the required documents. 4️⃣ Loan Approval – Get instant loan approval & verification. 5️⃣ Disbursal – The loan amount is credited to the dealer or your account in just a few hours!

Frequently asked questions

You can avail of up to 90% of the vehicle’s on-road price. The loan amount depends on your eligibility, income, and credit score.

 

Interest rates vary based on loan amount, tenure, and applicant’s profile, starting as low as 7.5% per annum.

 

Yes, we provide financing for pre-owned cars and two-wheelers at attractive rates.

 

A CIBIL score of 700+ is recommended for easy approval, but loans may still be approved for lower scores with higher interest rates.

 

Yes! You can prepay or foreclose your loan with minimal charges, helping you save on interest.

Our instant approval process ensures quick disbursal, often within 24 hours of document verification.