Fill the detail

Fill the form our executive will contact you

What are you looking?

Three Wheeler Loan

Get a three-wheeler loan with our quick disbursal and tailor-made loan process!

Features & Benefits

Loans for all customers

We cater to all – Medium and small fleet owners, individuals, first time users, partnership and proprietorship firms, and private and public limited companies

Loans for all vehicle types

We offer financing for the purchase of new and used cars

Amount upto INR 3 Lakhs

Eligibility typically depends on business turnover, vintage, assessment of cash flows, age on maturity and other key factors.

Tenure up to 60 months

Tenure typically depends on your profile, estimated collateral value, type of repayment scheme and other key factors.

Minimal Documentation

We keep our documentation simple. In fact, we do not collect any physical documents until we’re sure we can meet your requirements.

Features

Loan Amount : Up to INR 3 Lakhs

Maximum Tenor : 60 months

Maximum LTV : 95%

The tenure of the loan is also dependent on the customer’s profile, age of customer at maturity of loan, Vintage of the Vehicle at loan maturity, etc.

Rates & Charges

  • Processing Fees

    1% of the loan amount + GST

  • Interest Rate

    21.5% -23.5% per annum

  • PLR:

    18.67%

  • PLR less spread

    Plus 2.83% - Plus 4.83%

  • Interest Rate Type

    Fixed

Documentation

Our documentation requirements are structured to ensure that we collect the least number of documents for your loan.

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Statement
  • Collateral Document

Please note that depending on the individual case, Vastu Finserve reserves the right to ask for any additional documents as well.

  • Initial Non-refundable Processing Fee

    Rs 3,000 plus applicable taxes and/ or other statutory levies This is a one time non-refundable fee, and is collected by Vastu HFC for the purpose of appraising the application for the Loan and is independent of the outcome/result of such appraisal. This amount is payable at the time of submitting the application form.

  • Processing Fees

    Upto 2% of Loan Amount plus applicable taxes and/ or other statutory levies

Documentation

Our documentation requirements are structured to ensure that we collect the least number of documents for your loan.

  • Identity Proof
  • Address Proof
  • Income Proof
  • Bank Statement
  • Collateral Document

Please note that depending on the individual case, Vastu Finserve reserves the right to ask for any additional documents as well.