Vehicle Loan

Seylan Vehicle Loan enables you to purchase a motor vehicle (Brand new /Registered / Unregistered) or raise funds for personal requirements against a vehicle owned.

Loan Features

• Stamp Duty Absorbed by the bank.
• Low fixed interest rates.
• Repayment up to 07 years.
• Door step service.
• Loan facilities starting from 1 Mio to 20 million.
• No Irregularities in CRIB

Note: Loans for Three wheelers/ Motor Bikes & Chinese origin vehicles are not considered under the scheme.

Eligibility :

• Net Income + Fixed Allowances to be over Rs.100,000/-
• Permanent Employees who have completed 1 year in employment
• Age between 20 – 60 years
• Documents Required – Application stage
• Valid National Identity Card / Driving License
• Letter of employment and Salary confirmation
• Evidence of Income : Last 3 months salary slips & Bank statement of last 3 months
• Copy of marriage certificate (if joint with spouse)
• Billing proof (utility bills)
• Sole agent’s invoice for brand new vehicles
• Invoice & Valuation from a panel valuer for unregistered vehicles
• Copy of CR book & valuation from a panel valuer for registered vehicles
• Duly completed application

How to Apply: 

Option 1 : Submit your Request Form. We will contact you within 48hrs.  

Option 2 : Visit nearest branch

Option 3 : Call hotline to check +9411 200 88 88