Overview of Vehicle Loan in Pataudi, Haryana
Vehicle loans in Pataudi, Haryana, provide financing for two-wheelers, tractors, and commercial vehicles. In 2025, these loans offer amounts up to ₹10 lakh with interest rates starting at 8.5% p.a. Lenders like HDFC Bank, SBI, and Bajaj Finance provide tenures up to 5 years. Loanpao helps Pataudi residents compare vehicle loan offers, check eligibility, and apply online for quick disbursal.
Eligibility Criteria for Vehicle Loan in Pataudi
| Criteria | Details |
|---|---|
| Age | 21–60 years |
| Income | Minimum ₹15,000/month (salaried) or ₹2 lakh/year (self-employed) |
| Residence | Valid Pataudi address proof |
| Credit Score | Above 700 preferred |
| Employment | Minimum 1 year (salaried) or 2 years (self-employed) |
Documents Required for Vehicle Loan in Pataudi
- Identity Proof: Aadhaar, PAN Card, or Voter ID.
- Address Proof: Utility bill, Aadhaar, or rental agreement (Pataudi address).
- Income Proof: Salary slips (last 3 months), ITR (last 2 years).
- Vehicle Details: Quotation or proforma invoice.
- Photographs: 2 passport-sized photos.
Benefits of Vehicle Loan in Pataudi
- Loan amounts up to ₹10 lakh for two-wheelers, tractors, or commercial vehicles.
- Competitive interest rates starting at 8.5% p.a. in 2025.
- Flexible tenures up to 5 years for affordable EMIs.
- Quick disbursal within 2–5 days in Pataudi.
- Financing up to 90% of vehicle cost.
Factors Affecting Vehicle Loan in Pataudi
Credit Score
Higher scores (above 700) secure better rates and terms.
Income Stability
Consistent income ensures higher loan eligibility.
Vehicle Type
Tractors and commercial vehicles may have different terms than two-wheelers.
Loan-to-Value Ratio
Up to 90% financing based on vehicle value.
How to Apply for a Vehicle Loan in Pataudi
Follow these steps to apply for a vehicle loan in Pataudi through Loanpao:
- Visit loanpao.in and select "Vehicle Loan in Pataudi, Haryana."
- Complete the online application with personal and income details.
- Upload documents (Aadhaar, income proof, vehicle quotation).
- Compare offers from Pataudi lenders like HDFC Bank and SBI.
- Get approval and funds disbursed within 2–5 days in Pataudi.
Loan Eligibility for Vehicle Loan in Pataudi
Check your eligibility for a vehicle loan in Pataudi with Loanpao’s tool:
- Confirm age (21–60 years).
- Verify income (₹15,000/month salaried or ₹2 lakh/year self-employed).
- Provide Pataudi address proof.
- Check credit score (preferably above 700).
- Submit vehicle quotation for loan amount estimation.
Loanpao will assess your eligibility and suggest the best vehicle loan offers in Pataudi.
Check Eligibility NowTrack Your Vehicle Loan Application in Pataudi
Loanpao provides a seamless tracker for your vehicle loan application:
- Submit your application ID on the Loanpao Tracker page.
- Get real-time updates on status (e.g., under review, approved, disbursed).
- Receive notifications for disbursal updates in Pataudi.
- Contact Loanpao support for assistance with delays in Pataudi.
Vehicle Loan Comparison in Pataudi
Compare vehicle loan offers from top lenders in Pataudi:
| Lender | Interest Rate | Loan Amount | Tenure | Processing Fee |
|---|---|---|---|---|
| HDFC Bank | 8.5% p.a. | Up to ₹10 lakh | Up to 5 years | 0.5% of loan amount |
| SBI | 8.75% p.a. | Up to ₹8 lakh | Up to 4 years | 0.75% of loan amount |
| Bajaj Finance | 9.0% p.a. | Up to ₹10 lakh | Up to 5 years | 1% of loan amount |
Frequently Asked Questions
A vehicle loan provides financing for two-wheelers, tractors, or commercial vehicles in Pataudi.
Yes, a credit score above 700 is preferred for better rates and approval.
Funds are disbursed within 2–5 days after approval in Pataudi.
Up to ₹10 lakh, based on vehicle type and income.
Yes, prepayment is allowed with minimal charges, depending on the lender.