Halal Loans

Unfortunately in India there aint any islamic banks, there are some self help micro finance groups but no proper islamic banks.

there is a new company called Assetify, from Bengaluru, that finances vehicles using the murabaha principles. they buy car/vehicle for you and you pay the rent to the company as repayment towards the loan, with the amount reducing with every rent payment. 

the acceptance rate is minimal though. supports only salaried individuals and self employed persons with high credit score and income.