Vehicle Loan

Finance Your Dream Vehicle Today

New or used cars, two-wheelers, electric vehicles, and commercial vehicles — get on the road with competitive rates and flexible EMIs from Explicit Finance.

Apply for Vehicle Loan
💰
Loan Amount
Up to ₹50 Lakhs
📅
Tenure
Up to 84 Months
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Vehicle Types
New & Used / EV
Processing
24–48 Hours

Vehicle Loan from Explicit Finance

Whether your dream is a new hatchback, an SUV, a powerful two-wheeler, or an eco-friendly electric vehicle — Explicit Finance makes it possible with attractive loan terms and minimal paperwork.

What We Finance

  • New passenger cars — economy to luxury segment
  • Used / pre-owned cars (up to 7 years old)
  • Two-wheelers — scooters, motorcycles, premium bikes
  • Electric vehicles (EVs) — cars, two-wheelers, three-wheelers
  • Commercial vehicles — trucks, vans, tempo travellers
  • Tractors and agricultural vehicles
  • Ambulances and special purpose vehicles

Benefits

  • Up to 90% of vehicle value financed
  • Competitive interest rates starting from low APR
  • Flexible tenure from 12 to 84 months
  • Quick approval — own your vehicle in 24 hours
  • EV loans with special green financing rates
  • Both salaried and self-employed individuals eligible

🔋 Go Green: Special incentive rates for Electric Vehicle (EV) financing aligned with India's EV adoption goals. Drive cost-effective, environment-friendly vehicles.

Eligibility

  • Age 21–65 years
  • Salaried: minimum ₹15,000/month income
  • Self-employed: minimum ₹2 Lakh annual income
  • Valid driving license
  • CIBIL score 650+

Documents Required

  • PAN Card and Aadhaar Card
  • Income proof (salary slips / ITR)
  • Bank statements (3–6 months)
  • Vehicle quotation / proforma invoice
  • Residence proof

Apply for Vehicle Loan

Drive home your dream in 24 hours.

Max Amount₹50 Lakhs
TenureUp to 84 Months
EV FinancingAvailable ✓
Max FundingUp to 90% LTV
Apply Now →

Ready to Drive Your Dream Vehicle?

Apply online in minutes. Fast, transparent vehicle financing you can trust.