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Used Vehicle Loan
We offer a full range of used Vehicle Loan Services
Vehicle loan is a secured loan that is designed for the purchase of vehicles. By pledging the vehicle itself as a security, borrowers can finance a significant portion of their vehicle’s cost by repaying the loan through manageable monthly instalments.
Features/ Benefits
Maximum Funding
Avail a flexible loan tenure of up to 15 years.
Loan Tenure
Upto 4 years.
Minimal Paperwork
Documentation process is simple.
Accessible Service
Pan India branch Network
Individual should be between 21-55 years of age.
Age Proof (Any Two of the following)
- Pan Card
- Driving License
- Passport
- Birth Certificate
- Property title documents
Employment/Business Continuity Proof
- Copy of Appointment Letter
- Date of Joining on Salary Slip
- ITR of Form 16
- Work Experience Certificate
- Relieving Certificate
Income Proof (Any Two of the following)
- Last 2 Salary Slips & Latest Form 16
- Last 3 Month Bank Statement
Office /Business proof (Any Two of the following)
- Telephone Bill
- Electricity Bill
- Shop & Establishment Act Certificate
- Sales Tax or VAT Certificate
- Current A/C Statement
- Regd Lease with other Utility Bills
Age Proof (Any Two of the following)
- Pan Card
- Driving Licence
- Passport
- Birth Certificate
- Bankers Verification
Income Proof (Any Two of the following)
- Latest ITR
- Last 3 Month Bank Statement
Income Proof (Any Two of the following)
- Audited Balance Sheet
- P & L Account & ITR for Latest 2 years
- Latest 3 months Bank Statement
Employment/Business Continuity Proof
- Shop & Establishment Act Certificate
- SSI or MSME Registration Certificate
- Sales VAT or VAT Certificate
- Current A/C Statement
Additional Documents
- PAN Cards
- Authority Letter by all partners
- Board resolution for Trust
Income Proof (Any Two of the following)
- Audited Balance Sheet
- P & L Account & ITR for Latest 2 years
- Latest 3 months Bank Statement
Employment/Business Continuity Proof
- Shop & Establishment Act Certificate
- SSI or MSME Registration Certificate
- Sales VAT or VAT Certificate
- Current A/C Statement
Additional Documents
- List of Directors & Shareholding Patter
- PAN Card
- Board resolution
- Certificate of Commencement of Business for Ltd.Co