Auto Car Loan

An auto loan is a type of loan that allows you to borrow money from us and use that money to purchase a car. You'll have to repay the loan in fixed installments over a set period, and interest will be charged on the money you borrow. The Car Loan allows you to request amounts starting from $2,700 and extended terms up to 84 months. Term up to 7 years. UTB Loan Finance helps you to determine the most.

Service benefits

Features and benefits of Car loans.

  • Lower interest rate:
  • Fast loan processing:
  • No need to use your savings:
  • Flexibility to choose the tenure:
  • No additional collateral required:

Lower interest rate:

Being a secured loan, car loans are generally subject to lower rates of interest as compared to other financing options such as personal loans, home loans, or other secured loans. .

Fast loan processing:

As car loans are offered against the car you wish to buy; it thus involves lenient eligibility criteria and minimal documentation. This enables lenders to process the loan faster.

No need to use your savings:

With the availability of car loans, individuals are not required to shell out their savings or wait for long to buy their dream vehicle.

Flexibility to choose the tenure:

We offer car loans for a tenure of up to a maximum of 7 years. So, you have the flexibility to choose the tenure as per your convenience.

No additional collateral required:

You do not have to put any extra collateral while availing of a car loan. This is because your vehicle will act as a security with the our bank and in case you fail to make the payment, we has the right to seize the vehicle and sell it off to recover the loan amount.