Applicant :–
Any Individual (Single/Jointly)/Firm/Legal Entity.
Purpose:–
For purchase of New/old vehicle ( not more than 5 years old).
Loan Amount :–
As per Demand. (Ex-showroom price+ RTO Amount+Accessories are included).
Rate Of Intrest :–
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.