auto loan

CAR LOAN

A Car Loan (Also Known As An Automobile Loan, Or Auto Loan) Is A Sum Of Money A Consumer Borrows In Order To Purchase A Car. Generally Speaking A Loan Is An Amount Of Money That Is Lent To An Individual, A Business, Or Another Entity. The Party That Lends The Money Is Known As The Lender, While The Party Borrowing The Money Is Called The Borrower. When Taking Out A Loan A Borrower Agrees To Pay Back The Full Loan Amount, As Well As Any Interest (A Percentage Of The Loan Amount, Usually Calculated On An Annual Basis), By A Certain Date, Typically By Making Monthly Payments.

COMMERCIAL VEHICLE LOAN

A commercial vehicle loan from HDB Financial Services offers an ideal solution for anyone who owns a transport business. We offer new and used commercial vehicle loan at attractive interest rates, with a flexible repayment tenure. Experience a hassle-free documentation process, quick processing and swift loan disbursal.

Our commercial vehicle finance caters to a wide variety of customers which include:

  • Large, medium and small-size fleet owners
  • Individuals
  • First time users
  • Partnership firms and proprietorship firms
  • Private and public limited companies
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TWO WHEELER LOAN

A two wheeler loan is an easy and hassle-free way to finance the purchase of a two wheeler (bike or scooty) of your choice. The loan amount along with the applicable interest amount can be repaid in the form of Equal Monthly Instalments or EMIs over a fixed loan tenure. Bike loans are available for both salaried and self-employed individuals.

Our commercial vehicle finance caters to a wide variety of customers which include:

  • Large, medium and small-size fleet owners
  • Individuals
  • First time users
  • Partnership firms and proprietorship firms
  • Private and public limited companies
  • Apply for loan
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NEW CAR LOAN

Bank Offers Car Loans To Its Customers Who Wish To Purchase A Pre-Owned Car At Rate Of Interest Rates Ranging Between 9.05% And 11.05% And Repayment Tenure Between 1 Year And 5 Years. The Process To Apply For A Used Car Loan From Allahabad Bank Is Very Simple And Can Be Applied For Either Online

USED CAR LOAN

  • For The Salaried Class, Employees On Permanent Rolls Of The Company With A Minimum Experience Of Two Years, Drawing A Monthly Gross Income Of Rs 25,000 And Above Are Eligible.
  • Self-Employed Businessmen And Professionals Filing ITR On A Regular Basis Are Welcome To Apply. Income Threshold Will Be Determined On Case To Case Basis.
  • To Apply. Income Threshold Will Be Determined On Case To Case Basis.
  • Retired Individuals Should Draw A Monthly Pension Of Rs.15,000 In Order To Be Eligible For The Used Car Loan From Bank.
  • Apply for loan
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