Auto Loan
Our Auto Loan offerings provide comprehensive financing solutions for both personal and commercial vehicle purchases. With options covering up to 100% on road vehicle financing for personal vehicle loans and high loan amounts, we cater to a diverse range of financing needs, ensuring you can drive away with your ideal vehicle. Whether for personal use or commercial operations, our Auto Loans are designed to offer flexible, competitive financing options.
Auto Loan
Tailored financing solutions for personal and commercial vehicles, featuring high loan amounts and up to 100% on road vehicle financing for personal vehicle
Personal Auto Loan
- Accessible financing for personal vehicles with flexible repayment terms and competitive interest rates and upto 100% on road financing facility.Learn More
Commercial Auto Loan
- Customized financing solutions for the purchase of commercial vehicles to expand operational capacity.Learn More
Loan To Value
For auto loans, the LTV ratio represents the percentage of the vehicle's on-road price that your loan can cover. The maximum LTV ratio for auto loans in India can go up to 100% (of on-road price).
Base Eligibility Criteria for Auto Loan
Age
- 21 to 65 years.
Residency
- Must be an Indian citizen.
Employment
- Steady source of income, with at least 1 year of employment history.
Credit Score
- A healthy credit score, typically 700 or higher, is desirable.
Documentation
Identification Proof
- PAN Card, Aadhar Card, Passport size photo
Address Proof
- Utility bills, Aadhar Card, Passport.
Income Proof
- For salaried: 3 months' salary slip, 6 months' bank statement; for self-employed: recent ITR, bank statement.
Vehicle Documents
- Performa Invoice of the vehicle from an authorized dealer.