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Vehicle Loan

About Vehicle Loan

Drive your dream car today with our easy and affordable Vehicle Loans—quick approval, low EMIs, and flexible terms

Eligibility: Account holders at the decretion of the board.

 

The Salient Features are

  • Purpose: purchase of brand new two-wheeler and four-wheeler (old vehicles not more than 5years old will be considered at the description of the board) amount of the loan, need a base with a 40% margin for new vehicles, and 60% for old vehicles.
  • Interest at 15%.
  • Repayable in easy monthly/quarterly/half-yearly installments.
  • Duration max 60 months RC book duplicate keys RTO forms 29 30.34 35 comprehensive insurance security; b extract from, hypothecation of the vehicle, and 3 guarantors good for the amount.
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