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Vehicle Loan

Ride On Own Vehicle

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Product Description

Vehicle : Two Wheeler New / Old , Three Wheeler New / Old , Four Wheeler New / Old , Light Commercial Vehicle New / Old , Heavy Commercial Vehicle New / Old
Loan Amount : For Private Vehicle , 90% of basic value , For Commercial vehicle , 75% of basic Value
Repayments : Max. Period 84 Month
Security : Said Vehicle, Collateral Security If Required

Eligibility

Guarantor : Two (Creditworthy Guarantor's)
Membership : @ 2.5 % of Loan Amount in share if loan amount > Rs. 1.00 Lakh , Nominal Membership if loan amount < or=Rs. 1.00 Lakh

Rate of interest

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Documents Required

Quotation
Latest Income Proof of Applicant & Guarantor’s, search title, valuation
In case of Businessman- Last three I T returns with audited Financial Statement. Bank Track Record last year
In case of Salary Earner – Last three months Salary Certificate and one years Salary a/c statement.
ID & RD Proof’s documents of Applicant & Guarantor's
Aadhar Card
PAN Card
Bank Track Record
Borrower’s residential proof

Terms and Conditions

Pre-closure : No Pre-closure Charges
Loan Processing Fee : As Applicable (Service Charges)

How To Apply

Get a Education Loan in 3 easy steps.

01. Make Contact

Reach us through our Banking Helpline

02. Branch Visit

Locate and visit your nearest branch

Find Nearest Branch
03. Get Response

Our team will contact you promptly to process your application

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