Private Vehicles
Commercial Vehicles
Heavy Construction Equipments
Purpose
- Purchase of New Vehicle or Second Hand Vehicle for personal, official and commercial use.
Eligibility
- Professionals / Salaried individuals, Self employed individuals, Private and public limited companies.
Loan Amount Limit
- Up to 90% financing for new vehicles.
- Up to 60% financing for second hand vehicles.
- Tenure up to 7 years.
- Interest Rates & Other Fees
- Interest Rate is applicable as Published time to time.
- Loan Service Charge is upto 1.50% of sanctioned amount.
Documentation:
- Reliable income source supported by documentary evidence.
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