Vehicle Loan and Leasing

Drive your plans forward with fast, affordable financing — for both personal and commercial vehicle needs.

1. Loan Features & Benefits

We offer financing for new and used vehicles with flexible repayment options and minimal documentation — suitable for individuals, businesses, and fleet operators.

• Loan Amounts: ₹50,000 to ₹50 lakhs or more
• Vehicle Types: Cars, bikes, commercial vehicles, EVs
• Loan Coverage: Up to 100% of on-road price (based on profile)
• Tenure Options: 12 to 84 months
• Interest Rates: Starting from 9.5% p.a., customized per case
• Down Payment: Low or zero down payment options available
• Leasing Options: Lease-to-own and flexible operating lease plans
• Refinance Available: For existing vehicles to free up capital
• Fast Disbursal: Approval within 24–72 hours for eligible applicants
• Insurance Integration: Optional bundled vehicle insurance with loan

2. Eligibility Criteria & Documentation

We make vehicle financing accessible to salaried individuals, self-employed professionals, logistics providers, and businesses.

• Age: 21–60 years
• Monthly Income: Minimum ₹15,000 (individuals)
• Business Vintage: Minimum 6 months (for commercial loans)
• CIBIL Score: 650+ preferred but not mandatory

Required Documents:

• PAN and Aadhar card
• Income proof (salary slips or ITR)
• Bank statements (last 6 months)
• Proforma invoice or quotation from vehicle dealer
• Business documents (for commercial/fleet loans)
• Passport-size photo

Optional:

• Ownership proof of other vehicles
• Address proof (utility bill, rent agreement)

3. Use Cases & Applications

• Personal Vehicles: Finance cars or bikes for personal use
• Commercial Use: Purchase vans, trucks, taxis, delivery bikes
• Fleet Expansion: Ideal for logistics, ride-share, and transport businesses
• Used Vehicle Financing: Buy pre-owned vehicles with confidence
• EV Support: Special rates and plans for electric vehicles
• Leasing Model: Pay monthly, upgrade periodically — ideal for companies
• Refinancing Options: Turn your owned vehicles into working capital
• Seasonal Leasing: Short-term plans available for delivery & transport demand spikes