VEHICLE LOAN

Drive your dreams
with ease!

Get quick and affordable vehicle loans with low interest rates and easy repayment options

VEHICLE LOAN

VEHICLE Loan

Own your dream car or bike with our hassle-free vehicle loan. Enjoy flexible EMIs, fast approvals, and competitive interest rates!

Period of Loan

Maximum up to 84 months/7 years.

Rate of Interest

The rate of interest shall be charged as per the bank's policy.

Security

Hypothecation of vehicle to be purchased.

1. Eligibility Criteria

  • An individual who is an income tax assesse, salaried employee, etc.
  • Agriculturists owning agricultural properties.
  • A company/firm/trust/association/societies availing the loan in its name.
  • Age limit of the applicant not more than 55 years old.

2. Purpose

Purchase of a new vehicle for own use and commercial purposes.

3. Amount of Loan

Up to 75% of the ex-showroom price + Road tax + Insurance of the new vehicle.

7. Documents/Formalities

  • Loan Application with passport size photographs - 2 copies each.
  • ID proof, Income proof of the applicant and 2 guarantors.
  • Quotation of the vehicle, driving license.

⚠️ Terms and conditions apply.