Vehicle Loan

Vehicle loans are usually secured loans that help you finance your dream vehicle like a car or bike . The concerned vehicle works as collateral against your loan.

If you’re planning to purchase a car, you can opt for car loans. Lenders could offer up to 85% of the car’s ex-showroom price as a loan as per their terms and conditions. That said, car loans could further be classified as new car loans and used car loans. 

You can opt for two-wheeler loans to purchase a motorcycle or a scooter of your choice. You can get up to 85% financing of the on-road value of the two-wheeler as a loan, wherein the vehicle would be pledged as collateral.