Services Details Page || Eluri Co-Operative Urban Bank

Drive Your Dreams with Our Vehicle Loan

Vehicle Loan from Leuri Bank helps you purchase your dream two-wheeler or four-wheeler with ease. Enjoy fast approvals, competitive interest rates, and flexible repayment terms tailored to your financial needs.

Whether you’re buying a new or used vehicle, we provide quick financing to get you on the road faster. Our hassle-free documentation and doorstep service make the loan process smooth and convenient.

Features of Vehicle Loan

Loan up to 90% of on-road vehicle price
Available for new and pre-owned vehicles
Attractive interest rates starting from 13% p.a.
Tenure up to 6 years
Quick processing and easy documentation
No hidden charges

Documents Required for Vehicle Loan

Identity Proof – Aadhar Card, Passport, PAN Card
Address Proof – Utility bill, Driving License
Income Proof – Salary slips / ITR / Bank Statement
Quotation or invoice from vehicle dealer
Passport-size photograph

How to Apply for a Vehicle Loan

1. Choose your vehicle and get a quotation
2. Visit your nearest Leuri Bank branch
3. Fill out the loan application and submit documents
4. Get loan approval and disbursement directly to the dealer

Can I apply for a loan for a used vehicle?

Yes, we offer loans for both new and pre-owned vehicles subject to evaluation.
Is a guarantor required?

No guarantor is generally required, but this may vary based on your profile.
Can I foreclose the loan early?

Yes, early foreclosure is allowed with minimal charges as per policy.