How much can I borrow with a Fuel Loan?

The amount you can borrow with a Fuel Loan largely depends on your fuel requirements and the financial institution's criteria. Here's a general guide:

• Personal Use: If you're borrowing for individual vehicle fuel expenses, the loan amount typically ranges from ₹10,000 to ₹1,00,000, depending on your vehicle type and monthly fuel usage.
• Business Use: For commercial vehicles or fleet management, the loan amount can go higher—often up to ₹5,00,000 or more—depending on the number of vehicles and estimated fuel consumption.
• Eligibility Factors: Your income, repayment capacity, credit score, and vehicle details will impact how much you can borrow.
• Customisable Limits: Some financial institutions offer customisable loan amounts based on whether you're a salaried individual or a business owner, providing flexibility in meeting fuel demands.

Always check with your financial institution to understand their specific borrowing limits and repayment terms, ensuring you borrow an amount that matches your fuel needs without overextending your finances.