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4 Reasons to choose our vehicle loan
We finance most passenger and multi-utility vehicles available in the market.
Our reasonable and affordable interest rates come with up to 100% ex-showroom funding.
Our car loan financing is based on a flat rate model and you can choose to pay via Cash, Cheque or Online.
We cater to all types of customers, salaried and self-employed, including farmers and traders, with or without income proof.
Our simple and quick process can have your car loan sanctioned as soon as your application is approved, subject to document submission.
Our working process is designed to make your loan search and selection as seamless as possible.
It takes only 2 working days to get the Vehicle Loan sanctioned from Skylender after submission of requisite documents and papers.
Own contribution (Margin) means is the total on road cost of the Vehicle minus Loan.
On-road price of the vehicle includes Ex-showroom price, RTO registration, Insurance and basic accessory cost.
We will determine Vehicle Loan Eligibility largely by your income and repayment capacity. Other important factors include your age, co-applicant’s income (if any), margin offered by you, continuity of occupation and Credit Information Bureau (CIBIL/Experian etc.) track record.
Instant In-principal approval can be obtained.
For a borrower to understand the same better, there are two types of insurance covers available:
