Eligibility Criteria

• Age between 21–65 years.
• Salaried or self-employed individuals with a stable income.
• Minimum annual income (varies by lender and loan amount).
• Criteria:
• Loan Amount: Up to 90%–100% of the vehicle’s on-road price.
• Interest Rate: Usually ranges from 7% to 12% p.a., depending on the borrower’s credit score and income.
• Repayment Tenure: 1 to 7 years.
• Documents Required: ID proof, address proof, income proof (salary slips, ITR), and bank statements.