Type Rate of Interest Tenure
New Vehicle 9.25% p.a. 5 Years
Commercial Vehicle 12.00% p.a. 5 Years

Features & Benefits

  1. Financial Assistance on basis of salary or Professional income.
  2. No Prepayment Charges.
  3. Repayment through Cheque/ECS.
  4. Repayment period upto 60 Months.

Eligibility

  1. Loan Limit – 100 Lakhs.

Required Documents

  1. Residential proof/ Employer ID / Income Proofs such as Salary Slip and form 16/Photos of Borrower & Guarantors.
  2. Bank Statement (ITR & Business Proof for Businessmen/Professionals).
  3. Quotation of Authorised Dealer.
  4. Project report for Commercial vehicle.

Apply for Loan

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