Vehicle Loan

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Vehicle Loan

We offer vehicle loans to help you purchase your dream vehicle, whether you are a member, salaried individual, or self-employed. Our loans cover the Ex-Showroom Price, ensuring you have the financial support you need.

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Interest Rate

  • Electric Vehicles (EV): 10% per annum
  • Non-Electric Vehicles: 9% per annum
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Repayment Period

Enjoy a flexible repayment period of up to 60 months.

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Penal Charges

Any irregularity or default in repayment will attract a penal interest of 2.00% per annum over and above the standard interest rate on the outstanding balance.

Note: “The sanctioned loan amount and interest rate are subject to terms and conditions.”