• Applicant :Any Individual (Single/Jointly)/ Pvt. Ltd. Co.
• Purpose :For purchase of New/Old vehicle ( 2/4 Wheelers)
• Loan Amount : As per Demand. (Ex-showroom price)
• Repayment : Max 84 months.
• Security : Hypothecation of vehicle.
• Shareholding : 2.5% of the loan amount
• Documents : Duly filled Loan Application Form Pro-forma Invoice of the Authorized Dealer For other documents & Check Add. Information
• Other : Insurance of vehicle/Assets charged to the Bank

• Applicant : Any Individual (Single / Jointly) / Firm / Legal Entity.
• Purpose : For purchase of New/old vehicle ( not more than 5 years old)
• Loan Amount : As per Demand. (Ex-showroom price)
• Repayment : 60 months to 84 months
• Security : Hypothetical of vehicle Two Guarantors.
• Immovable security need to be provided.
• Shareholding : 2.50% of the loan amount
• Documents : Duly filled Loan Application Form Pro-forma Invoice of the Authorized Dealer For other documents & Check Add. Information
• Insurance : Insurance of vehicle/Assets charged to the Bank
• Rate of interest 1% extra for Commercial Vehicle

Following interest rate is applied from 1 Nov 2020.