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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:

  1. Large, medium and small-size fleet owners
  2. Individuals
  3. First time users
  4. Partnership firms and proprietorship firms
  5. Private and public limited companies

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:

  1. Large, medium and small-size fleet owners
  2. Individuals
  3. First time users
  4. Partnership firms and proprietorship firms
  5. Private and public limited companies

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  Apply Now

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USED CAR LOAN

  1. 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.
  2. 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.
  3. 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.
  4. Retired Individuals Should Draw A Monthly Pension Of Rs.15,000 In Order To Be Eligible For The Used Car Loan From Bank.
  5. Apply Now