Any Individual (Single/Jointly)/Firm/Legal Entity.
For purchase of New/old vehicle ( not more than 5 years old).
As per Demand. (Ex-showroom price+ RTO Amount+Accessories are included).
Refer loan interest chart
36 months.
Hypothecation of vehicle Two Guarantors. If loan amount is more than Rs.25 lac then immovable security need to be provided.
1.5 % Of The Loan Amount
Duly filled Loan Application Form Pro-forma Invoice of the Authorized Dealer For other documents.
Insurance Of Property Charged To The Bank.