Vehicle Loan
Drive Your Dreams with Affordable Financing
Whether you’re planning to buy a two-wheeler or a four-wheeler, Devbag Credit Souharda Co-Operative Ltd. offers convenient and affordable Vehicle Loan options to help you bring your dream vehicle home. With easy eligibility, quick processing, and competitive interest rates (16% per annum), we make owning a vehicle easy and stress-free.
Key Features
- ✅ Loan for new or used two-wheelers & four-wheelers
- ✅ Attractive and transparent interest rates
- ✅ Up to 85% funding of vehicle cost
- ✅ Fast approvals with minimal documentation
- ✅ Repayment tenure up to 5 years
- ✅ EMI options tailored to your budget
- ✅ Special schemes for salaried and self-employed borrowers
Documents Required
For Salaried Individuals:
- Aadhaar Card & PAN Card
- Latest 3 months’ salary slips
- Bank statement (last 6 months)
- Employment ID / Proof
- Vehicle quotation or proforma invoice
- Recent passport-size photographs
For Self-Employed:
- Aadhaar Card & PAN Card
- Business registration proof (GST/Shop License)
- Bank statements (6–12 months)
- IT returns (2 years, if applicable)
- Vehicle quotation / proforma invoice
- Passport-size photographs
Eligible Vehicles
- Two-Wheelers – Bikes, Scooters, Electric Vehicles
- Four-Wheelers – Hatchbacks, Sedans, SUVs, Pickup Vans
- Used Vehicles – Based on vehicle age and condition (terms apply)
Loan Highlights
- Loan Amount: Based on vehicle cost & eligibility
- Tenure: 12 to 60 months
- Processing time: Within 2–3 working days*
- Loan sanction subject to document verification and creditworthiness
Apply at Your Nearest Branch
Visit any of our branches in Devbag, Sadashivgad, or Karwar, and our staff will guide you through a smooth and transparent vehicle loan process, ensuring a hassle-free experience from application to disbursal.
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