Purpose

A vehicle loan (2 or 4 wheelers) is a great way to drive your dream vehicle without making the complete payment upfront.

Vehicle Loan - Interest Rate

Interest Rates

  1. For Personal Use – 9.25%
  2. For Commercial Use – 10.25%

Vehicle Loan - Amount & Tenure

Loan Period

36 months to 60 months

Maximum Amount

80% to 90% of Basic cost

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Vehicle Loan - Other Information

Guarantors

Minimum one guarantor acceptable to bank

Share Holding

1% of the loan amount & guarantor nominal  member

Security

Hypothecation of vehicle

Check your EMI

EMI Calculator