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Helpline Number: +91 (79) 26581652, +91 (79) 26581597

Vehicle loan

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Vehicle loan

Auto Rickshaw/Two wheeler loan
Interest Rate 13%
Eligibility of borrower
  • Having operative saving account of the bank
  • Having good reputation, experience, credit worthiness and profit making
  • Borrower must be member of the bank
  • Have sufficient score in CIC Reports
Purpose of loan Purchase of New vehicle - two wheeler and four wheeler
Proof of Identity PAN Card and Adhar card
Proof of Address
  • Quotation, Receipt of payment, Licence
  • Copy of latest property electricity bill or tax bill In case of rental, copy of recent light bill as per Aadhar address or rent agreement
Quantum of finance 10% Down payment and 90% of the value of quotation of vehicle
Share linkage Share linkage of Rs. 1000
Repayment period Repayment in 36 months
Car Loan
Interest Rate 10%
Eligibility of borrower
  • Having operative saving account of the bank
  • Having good reputation, experience, credit worthiness and profit making
  • Borrower must be member of the bank
  • Have sufficient score in CIC Reports
Purpose of loan Purchase of New vehicle - four wheeler
Proof of Identity PAN Card and Adhar card
Proof of Address
  • Quotation, Payment Receipt, Licence
  • Copy of latest property electricity bill or tax bill. In case of rental, copy of recent light bill as per Aaddhar address or rent agreement
Quantum of finance 10% Down payment and 90% of the value of quotation of vehicle
Share linkage Share linkage of Rs. 1000
Repayment period Repayment in 60 months
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