What we finance
Vehicle loan in detail.
New and used, personal and commercial, across all three states we lend in.
Finance against hypothecation for cars, two-wheelers, commercial vehicles and light transport. We lend on used vehicles where most lenders will not, because we value the asset ourselves rather than relying on a schedule.
- New and pre-owned; private and commercial registration both considered
- Used-vehicle valuation done by our own assessor, not an indicative table
- Tenures to eighty-four months, matched to the vehicle's remaining life
- Fleet and multi-vehicle facilities for transport operators
The terms
Indicative, and set on assessment.
| Indicative rate | From 13.5% per annum |
|---|---|
| Ticket size | ₹1,00,000 to ₹50,00,000 |
| Tenure | Up to 84 months |
| Security | Vehicle hypothecation |
| Typical decision | 2-3 days |
Rates shown are indicative. Final terms are set on assessment. Nothing here is an offer of credit.
Other books
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From 11.5% per annum
Loan against property
Residential and commercial security. We visit the property before we price it.
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From 14% per annum
Business finance
Working capital for trading houses, structured to follow the season rather than the calendar.
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On assessment
Real estate finance
Project and inventory finance for builders whose last three projects we can name.
