What is a Vehicle Loan?
A vehicle loan is a type of financing that helps individuals or businesses purchase a two-wheeler, car, or commercial vehicle without paying the full cost upfront. Instead, a financial institution covers most of the amount, and you repay it through easy monthly installments (EMIs).
At Midas Finserve Pvt Ltd, we understand that whether you’re buying your first car or adding a delivery van to your business, managing large expenses at once can be overwhelming. A vehicle loan makes this more accessible while preserving your savings or working capital.
🚘 Why Consider a Vehicle Loan?
- ✔️ Own a vehicle today without dipping into your investments
- ✔️ Maintain liquidity — keep funds free for personal or business needs
- ✔️ Build your credit score to secure future loans more easily
🌟 Why Choose Midas Finserve Pvt Ltd?
- 💰 Interest rates starting at 7.75% p.a.
- 📲 Digital onboarding for faster processing
- 💳 Flexible repayment options — Term Loan & Dropline Overdraft (DOD)
- ⚡ Quick approval with minimal documentation
❓ FAQs for Vehicle Loan
Any salaried, self-employed professional, or business owner aged between
21–60 years with a steady income can apply. Credit score and repayment history
are also considered.
Yes, we offer financing for pre-owned vehicles, subject to the vehicle’s age and condition.
The loan amount depends on the valuation.
In most cases, yes. A 10–20% down payment of the vehicle cost may be required.
However, some offers may include zero down payment for eligible customers.
