Vehicle Loan Overview

LoanPao’s Vehicle Loan 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 +91-999-163-4766 for assistance. Check vehicle loan eligibility and benefits.

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. Discover vehicle loan online apply process.

Eligibility for Vehicle Loan

LoanPao’s Vehicle Loan is designed for salaried and self-employed individuals across India with these vehicle loan eligibility criteria:

  • 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 vehicle loan 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, a key vehicle loan benefit.

Low Interest Rates

Starting at 8.5% p.a. for eligible applicants with attractive vehicle loan interest rates.

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 +91-999-163-4766.

How to Apply for a Vehicle Loan

Applying for a Vehicle Loan with LoanPao is simple with vehicle loan online apply:

  1. Visit our application form and fill in your details.
  2. Upload KYC, income proof, address proof, and vehicle details for verification.
  3. Receive approval within 1-3 days and finalize your vehicle purchase.

Use our EMI Calculator to plan your repayments or contact us at +91-999-163-4766 for assistance.

Vehicle Loan Features

Key features of LoanPao’s Vehicle Loan:

Vehicle Loan Features
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.

Popular Uses of Vehicle Loan

  • Financing new sedans for family use.
  • Buying used SUVs for adventure.
  • Upgrading to premium two-wheelers.
  • Quick funds for compact cars with low vehicle loan interest rates.
  • Affordable options for daily commuters.

Why Choose LoanPao for Vehicle Loans?

LoanPao stands out for its customer-centric approach:

Fast Processing

Quick approvals within 1-3 days with vehicle loan online apply.

Affordable Rates

Competitive interest rates starting at 8.5% p.a.

Dedicated Support

Reach us at +91-999-163-4766.

Tips for Getting a Vehicle Loan

Maximize your chances with these tips:

  • Maintain a CIBIL score above 700 for better vehicle loan eligibility.
  • Choose vehicles within age limits.
  • Submit all vehicle loan documents accurately.
  • Use EMI calculator for affordable repayments.
  • Get vehicle valuation from certified sources.

Testimonials

"LoanPao made my car purchase easy with quick approval!"

Vikram Singh ★★★★★

"Low rates and flexible EMIs—highly satisfied!"

Priya Mehta ★★★★★

"Secure process and great support team!"

Sanjay Patel ★★★★★

Frequently Asked Questions About Vehicle Loans

A Vehicle Loan from LoanPao helps you finance new or used cars and two-wheelers with affordable EMIs and low interest rates.

Salaried or self-employed individuals aged 21-65 with a minimum income of ₹15,000/month and a CIBIL score of 700+.

Aadhaar, PAN, income proof, bank statements, address proof, and vehicle RC (post-purchase).

LoanPao processes Vehicle Loans within 1-3 days after document verification.

Up to 100% of the vehicle’s valuation, typically ₹10 lakh for cars and ₹2 lakh for two-wheelers.

Yes, LoanPao’s EMI Calculator helps estimate your monthly payments.