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Vehicle Loan

  • A Vehicle Loan is a loan that allows you to purchase two and four wheelers for personal use.

  • The bank loans the money (making a direct payment to the dealer on the buyer's behalf) while the buyer must repay the loan in Equated Monthly Installments (EMIs) over a specific tenure at a specific interest rate.

  • Two Wheeler Loan:A two wheeler loan helps you purchase a motorcycle or a scooter of your choice, and pay for it in equated monthly installments (EMIs). Our loans are available for both salaried and self-employed individuals.

Interest Rate:

  • Interest Rate for Vehicle loan is 11.50%

Documents Required:

  • KYC for all borrowers and guarantors

  • Photo

  • Shop Act

  • `2` guarantor

  • Any bank requires a document

  • Vehicle Quotation from Nasik City Dealers.

  • Bill

  • RC Book

  • Latest last 3 months Salary Slip or Latest Income tax return of last 3 years  C.A. certified.