Personal Auto Loan

Our Personal Auto Loan offers a range of repayment options and competitive interest rates, making vehicle ownership accessible without full upfront payment. Designed for swift processing and approval, it covers including cars having at least a invoice value of 50 lakhs. We provide upto 100% on-road personal vehicle financing.

Interest rate starts at 8.75%
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Features

Extra Savings on EV Vehicles

Enjoy extra savings on Electric Vehicles (EVs), with interest rates reduced by 50 basis point. This special rate encourages eco-friendly choices, making it more cost-effective to own an EV.

No Collateral Requirement

The vehicle serves as the collateral, so no additional collateral is required, simplifying the loan process.

Minimal Documentation

Requires minimal documentation for loan approval, making the application process quick and hassle-free.

Prepayment Options

Offers the option for early repayment or prepayment with minimal to no penalties, providing flexibility in loan management.

Advantages of Personal Auto Loan

Competitive Rates

Facilitates the purchase of vehicles for personal use, making vehicle ownership accessible without the need for full upfront payment and loan approval of upto 100% on-road price of the vehicle.

Zero Processing Fee

Benefit from our Zero Processing Fee feature, eliminating upfront costs and making your loan application more affordable. This straightforward approach ensures you access financial support without additional expenses, enhancing the value and affordability of your borrowing experience.

Competitive Interest Rates

Typically offers lower interest rates compared to unsecured loans, making the financing of personal vehicles more affordable.

Quick Processing and Approval

Designed for swift processing and approval, ensuring that borrowers can acquire their desired vehicle without significant delays.