Access 70+ banks & NBFCs for the best interest rates
Why Choose a Vehicle Loans with Finxprt?
We go beyond just finding you a loan. We ensure you get the best possible deal.
Finance for new cars, used cars, and commercial vehicles
Hassle-free process with quick approval & fast disbursal
Loan against vehicle available for your funding needs
100% transparent, no hidden charges
What is a Vehicle Loan?
A vehicle loan helps you purchase or refinance a car, bike, or commercial vehicle without bearing the entire upfront cost. Whether it’s your first car, a pre-owned vehicle, or funding business fleets, Finxprt ensures you get the right loan with the lowest EMI possible.
Types of Vehicle Loan We Offer
Not every Vehicle Loan is the same. At Finxprt Financial Services, we help you find the right type of vehicle loan based on your needs, profession, and financial situation. Explore the options below:
New Car Loan
Buy your dream car with affordable EMIs and attractive interest rates.
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Up to 90–100% of on-road price financed
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Flexible repayment tenure (up to 7 years)
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Zero or low processing fees
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Pre-approved offers for eligible applicants
Used Car Loan
Own a pre-owned car with easy financing, lower EMIs, and flexible repayment.
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Finance up to 70–90% of car valuation
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Quick approval and faster disbursal
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Attractive interest rates
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Minimal documentation
Commercial Vehicle Loan
Grow your business with funding for trucks, buses, and other commercial vehicles.
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Loans for new and used commercial vehicles
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Flexible tenure up to 10 years
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Attractive interest rates for fleet operators
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Special loans for first-time buyers and transporters
Loan Against Vehicle
(Car, Commercial Vehicle)
Unlock cash from your existing vehicle without selling it.
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Use your owned vehicle as collateral
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Get up to 70–80% of vehicle valuation
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Continue driving your vehicle during the loan tenure
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Quick disbursal with minimal documentation
Still not sure which Vehicle Loan suits you best?
Get Free Expert Guidance
Frequently Asked Questions on Types of Vehicle Loans
Q: Can I get 100% financing on a new car?
Yes, many banks and NBFCs offer up to 100% on-road financing for eligible applicants.
Q: How old can the car be for a used car loan?
Generally, cars up to 7–10 years old are eligible, depending on the lender.
Q: Do I need a guarantor for a commercial vehicle loan?
Not always. Guarantor requirements depend on loan amount, applicant profile, and lender policy.
Q: What happens if I fail to repay a loan against vehicle?
The lender may repossess and auction the vehicle. At Finxprt, we guide you with repayment options to avoid this.
Who Can Apply for a Vehicle Loan?
To qualify for a vehicle loan, you typically need to meet the following conditions
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Age: 21–65 years
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Minimum monthly income (₹25,000+ depending on lender)
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Salaried individuals with stable income
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Self-employed professionals & business owners
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Fleet operators, transport businesses, and first-time buyers
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Existing vehicle owners (for loans against vehicles)
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Good repayment history/CIBIL score
Even if your credit score is lower, Finxprt helps you find banks that best match your profile.
Documents Needed for a Vehicle Loan
Keep these documents handy for faster approvals
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KYC (PAN, Aadhaar, Passport, Voter ID, Driving License)
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Income proof (Salary slips / ITR / Bank statements)
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Address proof (Utility bills, rental agreement)
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Vehicle-related documents (RC, insurance copy for used/loan against vehicle)
How Finxprt Gets Your Loan Approved
Your Loan Journey Made Simple
Tell Us Your Requirement
Share your loan need (personal, home, business, or more) with just a few details.
Submit Basic Documents
Provide your financial documents securely so we can assess eligibility.
Compare the Best Bank Offers
We evaluate and shortlist multiple lenders to bring you only the most suitable options.
Get Fast Loan Approval
Transparent process with zero hidden charges – quick approvals made hassle-free.
Instant Disbursal
Once approved, the loan amount is credited directly to your bank account.
That’s it! No running around banks, no confusion.
Finxprt does all the heavy lifting while you get the loan you deserve.
Apply Now – Start Your Loan Journey
The Finxprt Advantage
Why Choose Finxprt for Your Vehicle Loan?
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Compare offers from 70+ banks & NBFCs
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Faster approval with minimal paperwork
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End-to-end support till disbursal
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100% transparent process – no hidden charges
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RBI-compliant trusted lending partners
Finxprt is your reliable partner for stress-free loan approvals.
Vehicle Loan EMI Calculator
Estimate your monthly EMIs instantly. Enter your loan amount, interest rate, and tenure to find the perfect repayment plan.
Frequently Asked Questions on Vehicle Loans
Q. Can I apply for a vehicle loan with a low CIBIL score?
Yes, some NBFCs and banks provide loans to applicants with low credit scores, but the interest rate may be higher.
Q. What is the typical tenure for a car loan?
Car loan tenures usually range from 1 to 7 years.
Q. Is prepayment or foreclosure allowed?
Yes, most banks allow prepayment after a lock-in period, sometimes with minimal charges.
Q. What is the difference between new and used car loan interest rates?
Used car loans generally have slightly higher rates due to depreciation risk.
Q. Can I transfer my existing car loan to another bank?
Yes, through loan balance transfer, you can shift your loan for lower interest rates.
Let’s Talk Finance!
Ready to apply for a loan or need expert guidance?
Contact Finxprt — we’re here to help you make confident financial decisions.