We offer loan amount ranging from ₹ 50,000 upto ₹ 10,00,000, depending on the customers profile, bank transactions, CIBIL Report, customer’s income, customer’s property, vehicle deployment and viability etc.

Family Health Insurance, loan against vehicle insurance, Loan for vehicle maintenance/Working capital.

Commercial Transport Experience with a valid driving license of at-least 2 years of vintage.

Loanzen provides rate of interest between 20% to 24% depending on the customer profile. Rate of interest will vary depending on the customer profile and the type of asset being financed.

Please contact our sales support team at +91 80 4970 7433 for understanding the documents required for the loan you are interested to avail.

Repayment is through equated monthly installments (EMI) on monthly basis. All the loans will have to be paid through NACH (National Automated Clearing House). Alternatively, EMIs are paid through cheques or through online method like NEFT / RTGS / IMPS / Third party Apps like Google pay, Phonepe, etc.

Yes, a customer can pay his EMI in any of the existing Loanzen branches either through Cash (OR) any of the online modes

Respective Relationship Manager or Branch Manager of that particular Branch.

Yes on specific assets. But a guarantor is required, the guarantor should not be a blood relation (External Guarantor)

Loan Application approval / rejection is purely discretion of Loanzen Authorities and purely dependent on various factors as prescribed in policy & process of Loanzen.

Yes, but the customer can foreclose the loan account after 6months of repayment. Pre-closure penalty will be levied as per the terms & conditions of loan agreement.

Minimum of 12months & Maximum of 48months* depending on the profile of the customer, asset category and age of the asset at the end of tenor.