Our vehicle Loans come with exclusive features such as up to 100% financing, flexible repayment tenure and affordable EMI. Customised vehicle Loans are available on all the brands like Mahindra, Hyundai, TATA Motors, Maruti Suzuki, Renault, and Nissan amongst others. Our well- trained officials will help you take informed decisions and assist you with the documentation process.
Vehicle Loan Key Features
- Get financing for purchasing new and used vehicle.
- The financing can go up to 85%-90% of the on-road price of the vehicle . Some banks offer up to 100% financing on the vehicle’s on-road price to certain conditions.
- The loan tenure can range from one year up to seven years.
- The loan amount can be up to three times the annual income of the applicant.
- Some lenders offer instant financing facilities for vehicle.
- You may get additional discounts and offers if you choose to purchase a car from the dealer or manufacturer the bank has a tie-up with.
- The vehicle purchased through financing will be held as collateral until the loan is repaid.
- The repayment structure most commonly followed for a vehicle loan is equated monthly installments (EMI).
Documents for vehicle loan
- Rc,Insurence
- 1 year bank statment
- ower ship proof (bill,water bill,gas bill)
- 1 year ITR
- kyc (adhar,pan,photo)
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