Description

This course on Vehicle Loan offers a comprehensive introduction to vehicle financing and equips learners with practical knowledge of how vehicle loans are structured, processed, and managed. The course explains various types of vehicle loan products, including two-wheeler loans, passenger car loans, and commercial vehicle loans, along with their features, benefits, and typical use cases.

Learners will gain clarity on key vehicle loan terminology, customer segmentation, and borrower profiles, helping them understand different customer needs across retail and commercial segments. The course also covers eligibility criteria, income assessment, credit evaluation, margin requirements, interest rate structures, loan tenure, EMI calculation, and repayment options.

In addition, the course walks learners through the end-to-end vehicle loan lifecycle—from customer sourcing and application, documentation and verification, credit appraisal, approval, and disbursement, to post-disbursement activities such as repayment monitoring, collections, and loan closure. Regulatory considerations, risk factors, and basic fraud prevention measures in vehicle lending are also introduced.

Overall, this course builds a strong foundation for learners who work or aspire to work in vehicle finance, banking, NBFCs, or automobile dealership financing, enabling them to confidently understand and support vehicle loan operations and customer interactions.