Your vehicle, our priority

Whether you're eyeing a brand-new car or a trusty two-wheeler, our tailored loans for vehicles are ones you can trust to drive your dreams and make them a reality. We understand the joy and freedom that comes with your own vehicle, and our loans are designed to make this journey smooth and stress-free. With attractive terms, minimal documentation and quick processing, we are committed to offering the best out there with a digital-first and responsible approach. Read more

Apply for a KBL Xpress Car Loan

  • Upto 1 crore loan amounts
  • Available for new and second-hand cars
  • Flexible terms with on-road financing

Apply for a KBL Xpress Easy Ride Loan

  • On-road price financing for two-wheelers
  • Extended repayment tenures
  • Instant processing and quick sanction

Make matters simple and straightforward

A smart calculator for smart spending and savings

Car loan calculator

Loan amount
₹50,000 ₹10,000,000
Rate of interest
5% 15%
Loan tenure
1 Months 84 Months

You will pay

₹13,800/Months

Not sure which product is for you?

Let’s find the best fit together

  • No spam calls
  • Dedicated KBL experts
  • Set up a call on your time

Why choose our vehicle loans

Getting you where you need to go

Get up to 90% financing against the on-road price

Experience a speedy and efficient loan approval process

Select the vehicle that best suits you

Who can apply for KBL vehicle loans

  • Individuals who are resident of India
  • Individuals at least 18 years old
  • NRIs holding an Indian passport
  • Minimum salary of ₹10,000 for salaried
  • Minimum income of ₹120,000 for businessmen and self employed
who can apply
BANKING WITH YOU

Here for you, always

24/7 support for your banking needs

  • Internet Banking

    KBL MoneyClick

  • Digital Banking

    WhatsApp banking

  • Service Branches

    Locate us

Banking with trust, expertise and care

Expanding the KBL family everyday

Mr. Sirimall Mahesh

“It was quick sanctioning and fully digital”

Mr. Sirimall Mahesh

KBL Xpress Car Loan

17 Jan,2024
Carol Dsouza

“It was very easy to use and helpful. The staff are very friendly and helpful”

Carol Dsouza

KBL Xpress Car Loan

02 Nov,2023
Mr. Shadul Umaji Yadhav

“It was like quick, hassle-free, fully digital. Outstanding and excellent.”

Mr. Shadul Umaji Yadhav

KBL Mobile Plus

02 Nov,2023
Karan Deodatta Pradeshi

“I just wanted to open a new personal account. So my business partner recommended me to open an account in Karnataka Bank and I am quite happy with my decision. They (the staff) are very kind, very supportive and they attend to you very well.”

Karan Deodatta Pradeshi

Savings Account

02 Nov,2023
Rahul Nasal

“I downloaded their mobile banking app to test out its functionality - one of the most responsive and most user friendly. It is the perfect blend of the conventional personal touch banking and the high-tech digital banking”

Rahul Nasal

Mobile Banking

02 Nov,2023

Got questions? We’ve got answers.

Can I get a loan for a used car?

We offers smart vehicle loans for second-hand cars not older than five years.

Loan tenure can extend up to 84 months for new vehicles and 34 months for second-hand vehicles. Check our listed loans to know more.

Yes, NRIs are eligible for vehicle loans at Karnataka Bank. We offer tailored loans for those who are interested in purchasing a car or scooter through NRI banking services.

Comprehensive insurance is generally mandatory for vehicles financed through Karnataka Bank.

Yes, you can prepay your loan. For the applicable charges and conditions, please refer to your loan agreement for exact terms and conditions of a particular loan when applying.

Advantages of vehicle loans

Vehicle loans, encompassing both car and two-wheeler loans, are financial products designed to help individuals purchase vehicles. The key advantage of a vehicle loan is the immediate ownership of the vehicle without paying the full price upfront. They often come with competitive interest rates and can be processed quickly, facilitating an expedient purchase. Vehicle loans also provide the opportunity to build or improve your credit score through regular repayments.

Drive your dream with our tailored vehicle loan solutions. We offer competitive vehicle loan interest rates to finance your new vehicle purchase. Whether it's a loan on vehicle for personal use or a loan against vehicle as collateral, we ensure you have access to the best financial options. Start by checking your vehicle loan eligibility with us, and take the first step towards owning your ideal vehicle.

Interest rates on vehicle loans can be fixed or floating and are influenced by factors like the type of vehicle, loan tenure, and your credit history. The EMI (Equated Monthly Installment) for the loan includes both the principal and interest components, and as you repay, the interest is calculated on the reducing balance. When considering a vehicle loan, it's important to look at the total cost of ownership, including loan interest, insurance, maintenance, and fuel expenses. The loan tenure and EMI should align with your financial capacity without straining your monthly budget.

Do shop around and negotiate with lenders to secure the best interest rate and terms. Consider making a substantial down payment to reduce the loan amount and interest burden. Don't ignore the importance of a good credit score, as it can significantly impact the loan terms offered to you. Ensure timely repayments to avoid penalties and a negative impact on your credit history.Do shop around and negotiate with lenders to secure the best interest rate and terms. Consider making a substantial down payment to reduce the loan amount and interest burden. Don't ignore the importance of a good credit score, as it can significantly impact the loan terms offered to you. Ensure timely repayments to avoid penalties and a negative impact on your credit history.