Vehicle Loan

  • For purchase of New Two wheeler and 4 wheeler private and commercial use .
  • Upto 75% of Basic cost (Ex-show room price) of the vehicle.
  • Repayable in 36 months for 2 wheeler and 60 months for 4 wheeler vehicles.
  • Interest at 12% P A reducing balance.
  • Income proof acceptable to the Bank to be provided.
  • 1 personal surety with independent income and Hypothecation of vehicle required.