Loan Products
Vehicle Loan
Finance a new or pre-owned car or two-wheeler with competitive rates and a hassle-free approval process.
You are viewing: Vehicle Loan
Drive home your car or two-wheeler sooner
Details below apply only to this product. Compare others from the loan products list if you need a different option.
Interest Rate
9.00% – 12.00% p.a.
Loan Amount
Up to 85% of vehicle on-road price
Tenure
12 – 84 months
Why choose this loan
- Financing for new and pre-owned vehicles
- Quick, in-branch approval
- Flexible EMI tenures up to 7 years
- Assistance with RC hypothecation formalities
Eligibility
- Age 21 years and above
- Stable income source (salaried or self-employed)
- Valid driving license (recommended, not always mandatory)
Documents Required
- KYC and income proof
- Vehicle quotation / proforma invoice
- Last 3–6 months' bank statements
Frequently Asked Questions
*Rates, limits and tenure on this page are for Vehicle Loan only and are indicative under Society circulars / CRCS-aligned co-operative norms. Confirm final terms at your branch before applying. Shraddha Multistate is a multi-state credit co-operative (MSCS Act, 2002) — not a commercial bank.
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