Vehicle Loan 2025 Overview
LoanPao’s Vehicle Loan 2025 offers affordable financing for new and used cars and two-wheelers across India. Get up to 100% of the vehicle’s valuation (up to ₹10 lakh for cars, ₹2 lakh for two-wheelers) with interest rates starting at 8.5% p.a. and flexible tenures of 1-5 years. Apply online via our application form and get approval within 1-3 days. Track your application status via our tracker portal or contact us at +91-971-769-5334 for assistance.
Whether you’re buying a new car, a used vehicle, or a two-wheeler, LoanPao makes financing easy. Explore more options on our loans page or use our EMI Calculator to plan your payments.
Eligibility for Vehicle Loan
LoanPao’s Vehicle Loan is designed for salaried and self-employed individuals across India:
- Age: 21-65 years at loan maturity.
- Income: Minimum ₹15,000/month (salaried) or ₹2 lakh annual ITR (self-employed).
- CIBIL Score: 700+ preferred for better rates.
- Vehicle Age: Cars not older than 7 years, two-wheelers not older than 5 years at loan maturity.
- Residence: Stable residential proof for at least 6 months.
Contact us at info@loanpao.in for eligibility queries.
Documents Required
Submit the following documents for quick processing:
- KYC: Aadhaar, PAN, passport-size photographs.
- Income Proof: Last 3 months’ salary slips (salaried) or ITR for 2 years (self-employed).
- Bank Statements: Last 6 months.
- Vehicle Documents: RC and insurance copy (post-purchase).
- Address Proof: Utility bill, rental agreement, or Aadhaar.
Upload documents via our online portal for faster verification.
Key Benefits of LoanPao’s Vehicle Loan
Up to 100% Financing
Cover the full valuation of your car or two-wheeler.
Low Interest Rates
Starting at 8.5% p.a. for eligible applicants.
Quick Approval
Get approved in 1-3 days after document submission.
Flexible EMIs
Choose tenures from 1 to 5 years to suit your budget.
Secure Process
Apply safely with LoanPao’s encrypted portal.
24/7 Support
Contact us at +91-971-769-5334.
How to Apply for a Vehicle Loan
Applying for a Vehicle Loan with LoanPao is simple:
- Visit our application form and fill in your details.
- Upload KYC, income proof, address proof, and vehicle details for verification.
- Receive approval within 1-3 days and finalize your vehicle purchase.
Use our EMI Calculator to plan your repayments or contact us at +91-971-769-5334 for assistance.
Vehicle Loan Features
Key features of LoanPao’s Vehicle Loan:
Feature | Details |
---|---|
Loan Amount | Up to ₹10 lakh for cars, ₹2 lakh for two-wheelers. |
Interest Rate | Starting at 8.5% p.a. (based on credit profile). |
Tenure | 1 to 5 years. |
Processing Time | 1-3 days after document verification. |
Prepayment | Low or no prepayment charges after 6 months. |
Learn more about our loan products.
Why Choose LoanPao for Vehicle Loans?
LoanPao stands out for its customer-centric approach:
Fast Processing
Quick approvals within 1-3 days.
Affordable Rates
Competitive interest rates starting at 8.5% p.a.
Dedicated Support
Reach us at +91-971-769-5334.