Vehicle Loan Inquiry Form
Loan provided for 2-wheeler as well as 4-wheeler
Documents Required
- Identity Proof
- Residence Proof
- Age Proof
- Income Proof
- Occupation Proof
- 2 Passport Size Photos
Vehicle Loan
- Loan available for purchasing new/used car or two wheeler for personal use.
- Margin : 10% for new vehicles, 30-40% for used vehicles.
New Car Loan
A Special New Scheme of Car Loan
We have started a special scheme for Car Loans under different Fixed ROIs. The details of the scheme are as under :-
| Name of the Scheme | A special scheme for Car Loan |
| Purpose | For purchasing new Car |
| Loan Amount | 90% of on road price of the Car. |
| Security | Hypothecation vehicle + Bank’s charge on RC/TC book +PDCs. Comprehensive insurance is necessary with Banks clause. |
| Loan period | Minimum 5 years. (The scheme is not applicable for loan period less than 5 yrs.) |
| Prepayment charges | If prepayment within first 2 years from the date of disbursement, commitment charges @ 1.00% p.a for unexpired period will be applicable. |
| Special Aspect | The Scheme is applicable to those who are purchasing only New Cars. |
Intrest Rates
| Amount / Type Of Loan | Revised ROI %p.a. w.e.f | ||
| Vehicle Loan for 2 wheelers upto 36 months (Floating ROI) |
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| Vehicle Loan for 2 wheelers 60 months (Floating ROI) | 12.50
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| Vehicle Loan for 4 wheelers 60 months (Folating ROI) |
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| Vehicle Loan for 4 wheelers 84 months (Floating ROI) | 14.50 |
Commercial Vehicle Loans
We have extended products like funding of new vehicles, finance on used vehicles, top up on existing loans, working capital loans & other banking products.
We have a range of services on existing loans,as are listed below.
Commercial Vehicle Loans
- Reaches you through more than 415 locations across the country
- Range of products under one umbrella.
- Funding for trucks, buses, tippers, light commercial vehicles and small commercial vehicles.
- Products including funding for new vehicles, finance on used vehicles and top up on existing loans.
- Preferred financier status with all leading manufacturers.
- Simple documentation processes.
- Quick turn around time.
- Flexible financing solutions to meet individual requirements.