Vehicle Loan
Vehicle Loan by Avassa
Get behind the wheel of your dream vehicle with Avassa's vehicle loan solutions. We offer the best auto loan deals from all major banks for new cars, used cars, two-wheelers, and commercial vehicles.
Key Highlights
- Up to 100% on-road price financing
- Interest rates starting from 7.65% p.a.
- Tenure up to 7 years
- Quick processing & approval
- Used car loans also available
Key Features
Up to 100% financing
Competitive interest rates
Flexible tenure options
Quick approval
Used vehicle loans
Two-wheeler loans
Commercial vehicle loans
Eligibility Criteria
Age: 21-65 years
Minimum income: ₹15,000/month
Minimum work experience: 1 year
Good credit score (650+)
Valid driving license
Required Documents Checklist
Click items to track and check off your gathered documents:
FAQs
Frequently Asked Questions
How long does the loan approval process take?
The loan approval timeline depends on the type of loan and the bank. Personal loans can be approved within 24-48 hours, while home loans may take 7-14 days. Avassa ensures faster processing through our direct relationships with banks.
What credit score do I need for a loan?
Most banks require a minimum credit score of 650 for personal loans and 700 for home loans. However, some of our partner banks offer loans to individuals with lower credit scores at slightly higher interest rates. Avassa can help you find the best option regardless of your credit score.
What documents are required for a loan application?
Basic documents required are: Identity Proof (Aadhaar/PAN), Address Proof, Income Proof (Salary Slips/ITR), and Bank Statements. Additional documents may be required based on the loan type. Check our individual loan pages for specific document requirements.
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