Vehicle Loans
Cars, two-wheelers and commercial vehicles.
About Vehicle Loan
Vehicle loans finance new or used cars, two-wheelers and commercial vehicles. The vehicle is hypothecated to the lender until you finish repaying.
You pay a down payment and the rest is financed over a fixed tenure.
Estimate your EMI
Why consider Vehicle Loan
Drive now
Spread the cost over several years.
Secured by the vehicle
No additional collateral in most cases.
New, used or commercial
Options for personal and business use.
What providers usually look at
- Stable income
- Good credit history
- Down payment funds
- For commercial vehicles: valid licence and business use case
Every provider sets its own criteria. Meeting these does not guarantee approval.
Documents commonly requested
- PAN, Aadhaar and address proof
- Income proof
- Bank statements
- Vehicle quotation or proforma invoice
- For used vehicles: RC and valuation
Have these ready to speed things up. Your provider may ask for more.
How Fundslelo helps
- 1
Share your need
Answer a few questions about what you need.
- 2
Get a reference number
Track your request any time.
- 3
Review options with us
We explain which providers may suit you.
- 4
Apply with the provider
The provider assesses and decides.
Ready to explore Vehicle Loan?
It takes a few minutes. We aim to respond within 12–24 business hours.
Questions about Vehicle Loan
What is hypothecation?
The lender holds a charge on the vehicle until the loan is repaid. It is recorded on the registration certificate and removed once you close the loan.