Indo Vehicle Loan
Looking for a quick finance solution and have immovable assets. Our equity release is a quick solution to get financing backed by your assets.
Individual and corporate customers
To finance purchase of Brand-New vehicles from an Authorized Automobile Dealer, including Electric.
To finance purchase of second-hand vehicles not more than 5 years old for personal and business use from reputable dealers.
Charge on vehicle purchased out of bank finance to be registered at the Road Transport and Safety Agency with Bank registered as absolute owner of the vehicle on the white book.
Any other appropriate collateral may be considered, at the bank’s
- Minimum margin of 30% upfront.
- For new vehicles, maximum 72 months.
- For second vehicles, maximum 60 months.
Learn More From Your Financial Advisor.
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