Vehicle Loan Inquiry Form

Loan provided for 2-wheeler as well as 4-wheeler

Step 1 of 4 - Personal Information

25%

Documents Required

  • Identity Proof
  • Residence Proof
  • Age Proof
  • Income Proof
  • Occupation Proof
  • 2 Passport Size Photos

Vehicle Loan

  • Loan available for purchasing new/used car or two wheeler for personal use.
  • Margin : 10% for new vehicles, 30-40% for used vehicles.

New Car Loan

A Special New Scheme of Car Loan

We have started a special scheme for Car Loans under different Fixed ROIs. The details of the scheme are as under :-

Name of the Scheme A special scheme for Car Loan
Purpose For purchasing new Car
Loan Amount 90% of on road price of the Car.
Security Hypothecation vehicle + Bank’s charge on RC/TC book +PDCs. Comprehensive insurance is necessary with Banks clause.
Loan period Minimum 5 years.
(The scheme is not applicable for loan period less than 5 yrs.)
Prepayment charges If prepayment within first 2 years from the date of disbursement, commitment charges @ 1.00% p.a for unexpired period will be applicable.
Special Aspect The Scheme is applicable to those who are purchasing only New Cars.

 

Intrest Rates

Amount / Type Of Loan Revised ROI %p.a. w.e.f
Vehicle Loan for 2 wheelers upto 36 months (Floating ROI)
     12.00

 

Vehicle Loan for 2 wheelers 60 months (Floating ROI)       12.50

 

Vehicle Loan for 4 wheelers 60 months (Folating ROI)
    13.50

 

Vehicle Loan for 4 wheelers 84 months (Floating ROI)      14.50

 

Commercial Vehicle Loans
We have extended products like funding of new vehicles, finance on used vehicles, top up on existing loans, working capital loans & other banking products.
We have a range of services on existing loans,as are listed below.
Commercial Vehicle Loans

  • Reaches you through more than 415 locations across the country
  • Range of products under one umbrella.
  • Funding for trucks, buses, tippers, light commercial vehicles and small commercial vehicles.
  • Products including funding for new vehicles, finance on used vehicles and top up on existing loans.
  • Preferred financier status with all leading manufacturers.
  • Simple documentation processes.
  • Quick turn around time.
  • Flexible financing solutions to meet individual requirements.

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