Vehicle Loan
Vehicle Loan
Drive Your Business. Reduce Costs. Expand Opportunities.
Our Vehicle Loan is designed to help start-ups and developing businesses acquire vehicles that reduce transportation costs and support operational needs. This facility is suitable for individuals, institutions, and entrepreneurs, including those in rural areas or with low income, enabling them to improve logistics and enhance business efficiency.
Who Can Apply
- Micro-sector individuals, institutions, and entrepreneurs
- Rural-based businesses or low-income generating enterprises
- Start-ups and developing businesses needing transport solutions
Eligible Vehicle Categories
- 3-Wheeler lorry
- Tractor
- Van
- Buses
Loan Purposes
You can use this Vehicle Loan for:
- Transportation of raw materials or finished goods
- Business operations at your location
- Purchasing agricultural vehicles and machinery
- Hiring purposes
- Private use
Loan Details
| Feature | Details |
|---|
| Loan Amount | Rs. 25,000 – Rs. 500,000 |
| Repayment Period | Up to 60 months |
| Monthly Rental | Customized according to your income and repayment capacity |
| Security Options | Guarantors / Mortgage / Pledge |
Why Choose This Loan
- Reduces business transportation costs
- Supports start-ups and developing businesses
- Flexible and tailored repayment plans
- Enables better logistics and operational efficiency
