Vehicle Loan Schemes
Loan Limit : | 75% of Vehicle Price. |
Security : | Vehicle to be Purchased. |
Rate of Interest : | Personal Vehicle Loan 8.50 % to 10.50 % (As Per CIBIL Score) |
Commercial Vehicle Loan – 12.50 % to 14.50 % (As Per CIBIL Score) | |
Period : | 24 Months to 60 Months. |
Guarantor : | Two |
Documents : | 1. Loan Application. 2. Latest Income Proof of Applicant & Guarantor. 3. Address Proof Of applicant & Guarantor. 4. Photographs of applicant & Guarantor. 5. Quotation of Vehicle. |
Member / Share Money : | @ 2.5% of Loan Amt. |