New & Used (Two –Wheeler loan, 3 vehicle loan, car loan, commercial vehicle loan)
Vehicle loan comprises the different financial products which allows someone to acquire a vehicle with any arrangement other than a single lump payment.
Features:-
- ➤ Financing to individual for purchase of vehicle.
- ➤ Attractive Rates.
- ➤ No collateral required.
- ➤ Loan size of RS. 10,000 to 10 lakh
- ➤ Financing of EX Showroom Price
- ➤ Flexible Tenor up to 5 years.
- ➤ Equal monthly instalment.
- ➤ Part payment facility available.
- ➤ Excellent member service and assistance.
- ➤ Having Provision of insurance premium.
- ➤ NO income proof required for loan amount below 50% of the ex-showroom price or having RTR of approx proposed loan amount which should be ETR, GTR or ATR.
Eligibility:-
- ➤ Borrower's household annual income should be documented.
- ➤ Age should be 21-55 yrs at the time of loan application.
- ➤ Borrower should have phone contact ability.
- ➤ End use should be valid and legal purpose.
- ➤ Loan Emi should be valid and legal purpose.