The wheels of your business — financed.
Vehicles are a core productive asset for millions of Indian families and businesses. Whether you're a delivery driver expanding to a second two-wheeler, a startup courier needing a fleet of three-wheelers, or a transporter adding light commercial vehicles — our hypothecation-based vehicle financing makes it work.
We have dealer tie-ups across our branch geographies that let us turn around loan-cum-purchase requests within a few days, including RC and hypothecation marking.
Built for these borrowers.
Drivers & gig workers
App-based delivery riders, taxi drivers, courier operators needing a personal commercial vehicle.
Transporters & fleet owners
Small and mid-sized transport companies expanding their commercial vehicle fleet.
Personal use buyers
Two-wheelers and entry-level cars for commute, family use and small business needs.
What you finance.
- Two-wheelers: Petrol motorcycles and scooters from all major OEMs
- Three-wheelers: Passenger and goods auto-rickshaws (CNG/petrol/electric)
- Passenger cars: Entry-level and mid-segment cars from leading manufacturers
- Light commercial vehicles: Pickups, vans, mini-trucks (up to 7.5 tonne GVW)
- Used vehicles: Pre-owned cars and commercial vehicles up to 7 years old
- For electric two-wheelers, see our concessional Electric Two-Wheeler Loan.
Documents required.
- KYC: Aadhaar Card, PAN Card
- Address proof: Voter ID, utility bill, rent agreement
- Income proof: 6 months bank statements (salaried) or business bank statements + GST returns (self-employed)
- Vehicle quotation: Pro-forma invoice from dealer
- Driving licence: Valid driving licence for the relevant vehicle category
Frequently asked questions.
What's the maximum loan-to-value?
Up to 85% of the on-road price for new vehicles and 70–75% for used vehicles, depending on age, model and condition. The balance is your down-payment to the dealer.
How long does approval take?
For two-wheelers and entry-level cars: typically same-day or next-day sanction. For commercial vehicles requiring fleet documentation: 3–5 working days.
Is the vehicle hypothecated to GMC?
Yes. The vehicle is registered in your name with a hypothecation entry favouring Grow Money Capital. Once the loan is fully repaid, we issue an NOC for hypothecation cancellation at the RTO.
Do you finance used vehicles?
Yes. Pre-owned cars up to 7 years old and used commercial vehicles meeting our valuation criteria. Used vehicle financing requires inspection by our empanelled valuer.
Can I refinance an existing vehicle loan?
Yes, balance transfer of vehicle loans from other lenders is available, subject to credit appraisal and a fresh valuation of the vehicle.