Q: How long will it take to approve the loan? A: Loan will be approved within 24 hours.
Q: How much finance can be availed of? A: Maximum of 80% of the insurance declared value (IDV) / market value subject to the condition of the vehicle.
Q: What are the tenure options? A: Can be chosen from any of the well-paced repayment options of 12,18, 24, 30,36,42,48,54 or 60 months, subject to the age of the vehicle not exceeding 10 years at the time of maturity of the loan.
Q: How can the monthly installment be remitted? A: Installment can be paid through online/NACH mode.
Q: Is there the option of pre-paying the entire loan amount? A: Yes. The loan can be prepaid any time, with a nominal additional charge.