Own your dream vehicle with the Vehicle Loan facility from Valmiki Urban Co-Op Bank Ltd. Whether you are planning to purchase a new or used vehicle for personal or commercial use, our vehicle loan offers quick processing, flexible repayment options, and attractive interest rates to help you move forward with confidence.
Loan Features & Benefits
- Finance available for new and old vehicles
- Loans for:
- Three Wheelers
- Four Wheelers
- Light Commercial Vehicles
- Heavy Commercial Vehicles
- Quick and immediate loan sanction
- Competitive interest rates
- Flexible repayment options
- No pre-closure charges
- Simple documentation process
Loan Details
- Loan Amount: Up to ₹5.00 Lakhs
- Interest Rate: Starting from 14%
- Security: Hypothecation of the financed vehicle
- Guarantors: Two creditworthy guarantors required
- Processing Fee: Applicable as per loan amount
Eligibility
- Salaried Individuals
- Business Owners
- Self-employed Professionals
- Transport Operators
Documents Required
- Vehicle quotation
- Aadhaar Card / PAN Card
- Address proof
- Income proof of applicant and guarantors
- Bank statements
- Salary certificate or Income Tax Returns
- Passport-size photographs
- Residential proof
Apply Today
Visit your nearest branch of Valmiki Urban Co-Op Bank Ltd and get the right financial support to bring home your desired vehicle.
