Vehicle Loan

A secured loan for purchasing new or used cars/two-wheelers, where the vehicle serves as collateral.

Vehicle Loan
Pre-Owned/Used/Commercial Vehicle Loan

Pre-Owned/Used/Commercial Vehicle Loan

Get flexible finance options with simple documentation, transparent process guidance, and support for your loan requirement.

Features & Benefits of Vehicle Loan

We help you understand the benefits, process, and document readiness required for a smoother loan journey.

  • Loans for eligible borrower profiles.
  • Attractive interest rate options.
  • Transparent loan application process.
  • Quick application and processing support.
  • Simple documentation guidance.
  • Convenient repayment and EMI planning.

Vehicle Loan EMI Calculator

Rs. 1,705.77/-

You will pay an estimated monthly EMI based on your values.

10 K40 Lac
6 months180 months
8%36%

Vehicle Loan Interest Rates and Other Charges

  • Competitive interest rates based on profile and lender policy.
  • Comfortable repayment options for customers.
  • Easy digital application process with service support.
  • Eligibility, tenure, principal amount, and other factors influence the final rate.
  • Foreclosure and processing charges depend on Bank/NBFC policy.

Documents Required

  • KYC Documents (PAN, Aadhaar, Address Proof)
  • Income Proof (3 months Salary Slips / ITR)
  • Last 6 months Bank Statement
  • Vehicle Proforma Invoice / Price Quotation

Process

Obtain Quotation from Dealer -> Loan Application -> Bank Approval -> Sign Hypothecation Agreement -> Direct Payment to Dealer.

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How to calculate vehicle loan EMI?+
What documents are required for vehicle loan?+
How do I apply online?+