
Get a Vehicle Loan to purchase a new or used car, bike, or commercial vehicle at attractive rates.
Yes, most lenders allow prepayment with nominal charges.
Yes, valid motor insurance is required for loan disbursal.
| Feature | New Vehicle Loan | Used Vehicle Loan |
|---|---|---|
| Interest Rate | Lower | Slightly higher |
| Loan Amount | Higher (up to 100%) | Based on car valuation |
| Processing Time | Faster | May require inspection |