Owning your own vehicle is now easier than ever with Vaishya Sahakari Bank Ltd. Whether you are looking to purchase a personal car, commercial vehicle, auto rickshaw, or even a second-hand vehicle, our Vehicle Loan schemes are designed to suit your needs with attractive rates and flexible repayment options.
Key Features & Benefits:
- Finance available for new and used (2nd hand) vehicles.
- Loans for personal use vehicles, commercial transport vehicles, and auto rickshaws.
- Attractive and competitive interest rates.
- Easy documentation and quick loan processing.
- Flexible repayment period as per customer convenience.
- Loan amount based on the cost of the vehicle and borrower’s repayment capacity.
- Option for hypothecation of the vehicle as security.
Eligibility:
- Individuals, Proprietors, Partnership Firms, and Companies engaged in business or transport activities.
- Salaried individuals or self-employed persons with regular income.
Documents Required:
- Duly filled loan application form.
- Valid KYC documents (ID & Address proof).
- Income proof (Salary slips / ITR / Bank statements).
- Vehicle quotation or valuation report (for used vehicles).
- RC Book, Insurance, and other related documents.
