VEHICLE LOAN

  • Finance for Two Wheeler/ Four Wheeler - Old, New and Preowned Cars.
  • Loan Period: 12-60m ( based on the life of Vehicle in case of used/old vehicles).
  • Loan Amount: 75-85% of the Cost in case of new vehicle 50-70% of the cost in case of old vehicle.
  • Rate of Interest: Ranging from 9-18% depending upon whether old or new vehicle.
  • Fixed Rate Loan: No worry for Increase in intrest rates due to changing market rates.
  • Interest will be charged on reducing balance method.
  • Easy and Flexible E.M.I. options.
  • No Collateral required only hypothecation of Vehicle In Favour Of the Company.
  • In case of old vehicle, the vehicle should not be more than 3 years old.
  • Insurance and processing charges cost to be recovered separately.
  • Transparent hassle-free processing, quick approvals and speedy disbursals.
  • A large variety of two and four wheeler covered under the Company’s policy.