Vehicle Loan

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Its all about your Need

Avail Loan up to Rs.30 Lakhs.


No Pre-Payment /Pre-closure Penalty.


Low Processing Fee & No Hidden Charges.


Link with Vehicle Insurance Scheme.


  • Features
  • Eligibility
  • Documents Required
  • Loan Limit

      Maximum Upto Rs. 50.00 Lakhs
    OR Ex-Showroom Cost + Registration- Discount-Exchange amount whichever is less.

  • Repayment

    Maximum 60 months.
    In case of old vehicle upto 3 years only, Maximum repayment tenure upto 36 months.

  • Pre-Payment Penalty

    Nil

  • Rate of Interest

    10.00%p.a.*

  • Service Charges

     Applicable from time to time.

  • Margin

     Applicable from time to time

Get Auto Finance from Mahatma Fule Bank

  • Salaried
  • Self- Employed
  • Businessmen
  • Duly filled form with :

    Income Proof of Applicant(s) & Guarantor(s).
    Residential Proof of Applicant(s) & Guarantor(s).
    Original Quotation / Invoice.
    PAN Card of Applicant(s) & Guarantor(s).
    KYC of Applicant(s) & Guarantor(s).

  • New/Old Vehicle to be purchased Prime Security is required

  • Two Acceptable Guarantors :

    Guarantors and Security holders to be also taken as guarantors.

  • Other Charges :

    One Upfront EMI, Franking Charges,ROC & notary charges etc.

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Download Mobile Banking App

available for mobile banking