Type of Facility | Vehicle loan (Two Wheeler) |
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Maximum amount | Rs.1.00 lakhs |
Rate of interest | 10.00% p.a. |
Maximum repayment period | 48 months (max) |
Margin | 25% on value of proforma invoice / Quotation |
Eligibility | Professionals, businessman, salaried employees and self employed |
Purpose | To purchase two wheeler |
Type of Facility | Vehicle loan (Four Wheeler for personal use) |
Maximum amount | Rs.10.00 lakhs However, eligibility subject repaying capacity. |
Rate of interest Less then 5 lakh |
9.00% p.a. for Brand new vehicle |
Maximum repayment period | 84 months (max) |
Margin | 20% on value of proforma invoice / Quotation (Brand new vehicle) |
Eligibility | Professionals, businessman, salaried employees and self employed |
Purpose | To purchase four wheeler for personal use |