At The Financial Wings, we fuel your journey towards owning your dream car — whether it’s a brand-new vehicle or a reliable pre-owned one. Our Auto Loan solutions are fast, flexible, and affordable, so you can hit the road without delay.
An auto loan is a secured loan that helps you finance the purchase of a vehicle — including new cars, used cars, and even two-wheelers. You repay the amount in easy EMIs, making car ownership simple and budget-friendly.
✅ Up to 100% Financing
On-road price financing available for select models
✅ Attractive Interest Rates
Starting from just 9.25%* per annum
✅ Fast Loan Approvals
Get your loan approved in as little as 24 hours*
✅ Flexible Repayment Options
Choose tenures from 12 to 84 months
✅ Low Processing Fees
Minimal and transparent charges with no hidden costs
✅ Loans for Pre-Owned Cars
Up to 90% of the car’s value for used vehicles
An auto loan, also known as a vehicle loan, is a type of secured loan provided by banks and financial institutions to help individuals purchase a car, bike, or any other vehicle. Whether you’re buying a new or used vehicle, an auto loan allows you to spread the cost over a period of time through affordable monthly installments, rather than making the entire payment upfront. The vehicle you purchase serves as collateral for the loan, which means the lender has the right to repossess it if you fail to repay the loan on time.
Auto loans come with flexible repayment tenures, usually ranging from 1 to 7 years, and the interest rates are typically lower than unsecured loans due to the secured nature of the loan. The loan amount sanctioned depends on the value of the vehicle, your income, credit history, and repayment capacity. Many lenders finance up to 90% or even 100% of the on-road price of the vehicle, minimizing your initial down payment burden.
There are different types of auto loans, including loans for new vehicles, used or pre-owned vehicle loans, and even top-up loans if you already have an existing auto loan. The application process is relatively simple and requires basic documentation such as identity proof, income proof, address proof, and vehicle-related documents. With many lenders offering instant approvals, doorstep service, and online EMI calculators, auto loans have become a convenient and popular way to make vehicle ownership more accessible and financially manageable.
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