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Vehicle Loan

Vehicle Loan

Considering buying a vehicle for yourself? With Finnable’s Vehicle loans, be it a two wheeler or four wheeler, you can purchase the vehicle of your choice.

With Finnable vehicle loan, you can buy a new or used vehicle of your choosing. Eyeing that hatchback or sedan you and your family need or that motorcycle, you’ve always wanted to own? A Vehicle loan will help you drive home the vehicle you need.

With attractive interest rates on auto loan, tenure of your choice, a high loan amount and no collateral, owning the right set of wheels is now easy and convenient with Finnable Vehicle loans.

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Vehicle Loan features

5572 people have applied for loan in the last 24 hours
5/5
5000 people have rated this loan as the best product

Get Rewards

Timely EMI payments makes you eligible for a cashback of upto Rs. 200 per month. At Finnable we are the first in the industry to reward you to pay on time and improve your credit score.

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 60 months.

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.

Get Rewards

Timely EMI payments makes you eligible for a cashback of upto Rs. 200 per month. At Finnable we are the first in the industry to reward you to pay on timwe and improve your credit score.

Get loans quickly

Apply for a personal loan in a few clicks by submitting only a few basic documents and get the loan money transferred in your account as quickly as 2 hours. The entire process is 100% digital.

High Loan Amount

Apply for personal loans with minimum documentation and get high loan amounts of upto Rs.10 Lakhs. The loan tenure can be anywhere between 6 and 60 months.

Personal loan Assistant

Please write to your personal loan assistant at makeiteasy@finnable.com for any support. We aim to provide you a seamless and hassle-free experience.
5572 people have applied for loan in the last 24 hour
5/5
Over 5000 customers have rated us 5 stars in Play store

Personal loans can be used for multiple purposes- to fulfil your desires or meet urgent financial needs. This is why we bring you a range of products to suit your needs and desires.

Learn with Finnable

Vehicle Loan FAQs

A vehicle loan or simply an auto loan is a loan given to customers who are looking to buy a vehicle of their choice. The vehicle can be a two wheeler or a car of any type. The loan amount is decided on factors like age, employment and income, among others.

A vehicle loan works similar to how most other loans work. You purchase the vehicle using the funds received from the loan. This means you have agreed to repay the amount you have borrowed along with the interest that the vehicle loan rates may carry.

At Finnable, we offer up to 10 Lakhs of funding that you can avail in terms of a two-wheeler loan or four-wheeler loan.

The EMI amount will depend on the principal amount of the loan, the rate of interest applicable on the loan amount and the loan tenure selected by the customer. All these factors determine the actual amount of EMI that one needs to pay each month against the availed vehicle loan.

At Finnable the maximum loan repayment period for a vehicle loan is 60 months or 5 years.

To be eligible for an auto loan, the individual should:

  • Be a resident of India
  • Be employed full time in a private or government sector
  • Have minimum work experience of 6 months in total and more than 3 months in their current organization
  • Have a salary of more than Rs. 20,000/- per month if living in a tier 1 cities and Rs.15,000/- per month if living in tier 2 cities
  • Receive Salary in a bank account
  • Identity proof such as Aadhar Card and Pan Card
  • Income proof, which can be 3 months’ payslip and 3 months’ bank statement showing salary deposits

We provide two types of vehicle loans, two-wheeler & Car loan

Two Wheeler Loan:
Want to buy a two-wheeler and wondering about the funds? With Finnable’s ‘my Wheelz’
Vehicle loans, it's easy to buy the set of wheels you have set your sights on. 
Car Loan:
With Finnable car loans, owning your dream ride is now easy. Whether a hatchback, sedan,
SUV or MUV, go for it. Finnable’s car loans come with attractive interest rates along with
high loan amounts and flexible repayment options.

It's easy to apply for a vehicle loan online with Finnable. You can either do it on the website or
through the personal loan app. All you have to do is follow the steps below:
1. Set up your profile with Finnable by filling in the required details.  
2. Fill your application form. You will need to mention your basic details, including your
employment and financial details, and upload your KYC documents.
2. Select the amount required for the vehicle loan and the repayment tenure.
3. Your vehicle loan will be disbursed within 6 hours of approval.