Un-Secured Loans

Dealer Finance
Onward 6.50%.

Dealer Finance is a type of loan where a bank or finance company gives money directly to a dealer so customers can easily buy vehicles or equipment. The customer doesn’t have to arrange full payment at once, they pay in easy installments. The dealer gets payment quickly, and the buyer gets instant ownership or delivery.

Application

Please provide your business and financial details for quick loan assessment.

Dealer Finance Eligibility Criteria

Understand the complete eligibility structure for dealer finance, including business stability, credit score, repayment behavior, and financial strength.

What do you mean by Dealer Finance Eligibility Criteria?

Dealer finance helps dealers get funding without pledging heavy collateral or assets, making it easier to manage cash flow and business operations smoothly.


Eligibility depends on your repayment history, business turnover, creditworthiness, and overall financial stability.

Dealer Finance Eligibility Criteria

  • Age Limit: 25 to 65 Years
  • Minimum 3 Years Business Continuity
  • Credit Score Above 750 Required
  • Resident of India
  • Applicable for Dealers & Business Owners
  • Loan Amount: Up to ₹20 Crore

Eligible Business Types

  • Individual Dealers
  • Proprietorship Concerns
  • Partnership Firms
  • Private & Public Limited Companies
  • Authorized OEM Dealers
  • Distribution & Trading Businesses

Factors Affecting Eligibility

Credit Score

A low credit score due to late payments or defaults can reduce approval chances. A strong score improves eligibility significantly.

Business Continuity

Less than 3 years of business history may reduce eligibility chances for dealer finance approval.

How to Increase Eligibility

Required Documents

Documents Required for Loan Processing

Keep the following documents ready for faster approval and smooth verification. Select your applicant type and check the complete checklist.

Individual

Personal Applicant
  • Photographs - 2
  • PAN Card Copy
  • Aadhaar Card + Passport
  • Address Proof (If Rented Also Permanent Address Proof Required)
  • Last 3 Years Form-16, ITR with Computation of Income (If Filed)
  • Last 1 Year Bank Statement - Salary Account
  • Loan Schedule & Sanction Letter (If Running)
  • Complete Property Papers with Chain & Map + ATS
  • Processing Fee Cheque in Favour of Bank
  • Last 3 Months Salary Slip + Appointment Letter

Proprietor Firm

Business Applicant
  • Photograph (Both)
  • PAN Card Copy of Proprietor
  • Address Proof (Passport / Voter ID Card)
  • Office Address Proof (Electricity Bill / Telephone Bill)
  • Firm Registration Certificate & GST Registration Copy
  • Last 1 Year GST Return Copy
  • 3 Years ITR, Profit & Loss, Balance Sheet, Tax Audit Report & Annexures
  • Provisional Financial (AY 2019-20)
  • Bank Accounts (Current, CC, OD – Last 1 Year Updated)
  • 6 Months Saving Account Statement (Proprietor)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers with Chain & Sanction Map

Partnership Firm

Partnership Business
  • Photographs of Partners
  • PAN Card (Company & All Partners)
  • Address Proof of All Partners (Passport / Voter ID / PAN / Aadhaar)
  • Firm Address Proof (Latest Utility Bill)
  • Partnership Deed Copy
  • GST Certificate
  • GST Return (Last 1 Year)
  • 3 Years Financials (ITR, P/L, Balance Sheet, Audit Report 3CB/3CD, Annexures)
  • Provisional Financial (AY 2019-20)
  • 3 Years Individual ITR of All Partners
  • Firm Bank Statement (Last 1 Year Updated)
  • Partners Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Map

Pvt. Ltd.

Corporate Applicant
  • All Directors Photographs
  • PAN Card (Company & All Directors)
  • Address Proof (Company & Directors)
  • List of Directors & Shareholders (CA Certified)
  • Memorandum & Articles of Association (MOA)
  • GST, Sales, VAT & SSI Registration Certificate
  • GST Returns (Last 1 Year)
  • All Directors ITR & Computation (Last 3 Years)
  • Financial Statements (Last 3 Years with Audit Report & Annexures)
  • Provisional Financial FY 2019-20 / Monthly Sales (Last 1 Year)
  • Company Bank Statements (Last 1 Year Updated)
  • Directors Saving Account Statement (6 Months)
  • Loan Sanction Letter & Repayment Schedule (If Running)
  • Agreement to Sell Copy
  • Property Papers Complete Chain with Sanction Map
EMI Calculator

Calculate Your Monthly EMI

Instantly estimate your monthly EMI, total interest payable, and total repayment amount for your Loan Against Property application.

Monthly EMI

₹0

Total Interest

₹0

Total Payment

₹0