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Interest Rates
We Charge Interest on all Loans at Reducing Rates .
We offer Vehicle Loan to purchase new or second hand vehicle.
We offer Vehicle Loan for Two wheeler, Three wheeler, Four wheeler and commercial vehicles.
We Provide up to 85% amount of quotation of vehicle for New Vehicle and 50% of valuation amount of second hand vehicle.
Vehicle Loan is repayable with Interest in equal EMI for up to 36 months.
Interest will be debited on monthly basis.
Initial Requirements for Vehicle Loan
Copy of Income Tax Returns of Individual for last 3 Years.
Valid Address Proof of the person wants Vehicle loan.
Latest quotation of the vehicle.
Bank Statement of individual & firm in case of self-employed for last six months.
Latest Salary Slip which show Net Pay after all deduction for salaried.
Passport size photographs for all.
Customer has to submit original Bill, Receipt, RTO Book with hypothecation mark of the Bank, Insurance Policy in favor of Bank.
Other Requirements which may arise at the time of loan sanction.
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