Salaried individuals, self-employed professionals, and business owners with stable income can apply for vehicle loans. Eligibility is assessed based on age, income, credit score, repayment capacity, and the type of vehicle being financed.

Funding generally ranges from 85% to 100% of the vehicle’s on-road price for new vehicles. The exact loan amount depends on vehicle category, applicant profile, credit score, and lender policies.

Vehicle loan interest rates usually start from around 8.5% per annum. Rates vary based on vehicle type, loan amount, tenure, credit score, and the lending institution’s pricing norms.

Vehicle loans are typically available for a tenure of up to 7 years. Tenure options depend on vehicle type, loan amount, applicant age, and lender-specific repayment guidelines.

Finosquare offers multi-lender comparison, transparent advice, faster processing, and complete coordination with banks and dealers, ensuring suitable financing options and a smooth vehicle loan experience from enquiry to disbursal.