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Applicant:
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Any Individual (Single/Jointly)/Firm/Legal Entity.
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Purpose:
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For purchase of New/old vehicle ( not more than 5 years old).
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Loan Amount: |
As per Demand. (Ex-showroom price+ RTO Amount+Accessories are included.). |
Rate Of Intrest: |
Refer loan intrest chart |
Repayment: |
36 months. |
Security: |
Hypothecation of vehicle Two Guarantors. If loan amount is more than Rs.25 lac then immovable security need to be provided. |
Processing Fee: |
1.5 % of the loan amount |
Share Holding: |
2.50% Of The Loan Amount |
Documents: |
Duly filled Loan Application Form Pro-forma Invoice of the Authorized Dealer For other documents. |
Insurance: |
Insurance Of Property Charged To The Bank . |
Loan File Documents As Follows
- Click Here
