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Vehicle Loan FAQ

You cannot sell the car unless you repay the loan. An NOC is required, before you can sell the vehicle.

Once you have signed the agreement the EMI cannot be altered.

Yes, you need a guarantor(s).

Notice will be issued to the defaulters. In case of continuous default, Company shall take appropriate legal steps for the recovery of the dues.

There is charges for delayed payments which compounds monthly.

Yes, without having prepayment charges. Closing amount consists of principal amount and up to date interest.

We are offering floating (Diminishing) rate of interest.

You can pay your instalments through:

  • The instalments or EMI will get debited automatically at the end of every cycle through NACH / ECS
  • Through Post-dated cheques (PDC) or Cash. Make sure your account has sufficient funds to avoid check bounce.

You would require submitting following documents.

  • Loan application Form
  • Identity and Address proof (KYC) of borrower and guarantor(s),
  • Income Proofs of Borrower and Guarantor(s),
  • EMI cheques and Security Cheque(s)
  • Land Tax / Electricity Bill / Gas Bill

Yes, minimum processing fee + Service Tax are applicable.

We finance most vehicles manufactured by India’s leading automobile companies

We offer you a flexible tenure ranging from 12 to 36 months according to the loan schemes.

You can apply for a Vehicle Loan in any of the following ways:

  • Visit our branch at your nearest location.
  • Call us at 1860 3000 1555
  • WhatsApp us at 9946086666
  • Missed call us at 8067006162