Vehicle Loans

Here the vehicle itself is considered as a collateral. It is a sum of money a consumer borrows in order to purchase any vehicle.

The vehicles may be either a car, a small load vehicle, a lorry or a bus etc.,

Here the documents of the vehicle will be endorsed & once the entire loan amount is paid to the Bank or Finance the document will be released from will endorsement and will be handed over to the owner of the vehicle

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