Message

Vehicle Loan

10% p.a. ₹50,000 - ₹1,000,000 | 1 - 7 Years

About This Loan

Drive your dream car or bike home with our Vehicle Loan. New or used, car or commercial vehicle — we finance up to 100% on-road price at a flat 10% interest rate.

Key Features

Up to 100% on-road price financing (new vehicles)
Used car loans up to 80% of valuation
New & used both covered
Car, bike, and commercial vehicles
Quick disbursal within 24-48 hours
Hypothecation removed after full repayment
Zero foreclosure charges after 6 months
Insurance bundled options available

Eligibility Criteria

Age: 21 to 65 years
Minimum income: ₹15,000/month
Employment: Minimum 1 year
CIBIL Score: 650+
For used car: Vehicle not older than 7 years
Valid driving license required
No major loan defaults

Required Documents

1 Aadhaar & PAN Card
2 Salary Slips (last 3 months) / ITR
3 Bank Statement (last 6 months)
4 Proforma Invoice from Dealer
5 Driving License
6 Address Proof
7 For used car: RC copy, Insurance, Valuation report
8 Photographs

What Can You Use It For?

New CarUsed CarNew Bike/ScooterUsed BikeCommercial VehicleTruck/TempoTractorAuto-Rickshaw

Calculate Your EMI

Your Monthly EMI

₹4,249

Loan Amount ₹2,00,000
₹50,000 ₹1,000,000
Tenure 1 Years
1 Yr 7 Yr
Total Interest ₹54,960
Total Payment ₹2,54,960
Apply for Vehicle Loan →
Free Apply No Charges 24hr Approval

Quick Info

Interest Rate 10% p.a.
Processing Fee ₹0 (Nil)
Prepayment Penalty None
Approval Time 24 Hours
Collateral Not Required

Explore Other Loan Types