Purpose | : | Purchase of 4 wheeler for personal use. | |||||||||||||
Scheme Period | : | 14/01/2017 | |||||||||||||
Eligibility | : | All Account holders of bank(Existing & New). | |||||||||||||
Loan Amount | : | Maximum Rs. 50.00 Lakhs | |||||||||||||
Security | : | New Vehicle to be purchased (Including accessories). | |||||||||||||
Period & Interest Rate | : |
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Margin | : | 5% of on road price of car and 25% of Accessories. | |||||||||||||
Guarantor | : | No guarantor is required if past experience with borrower is good, otherwise one competent guarantor is require | |||||||||||||
Processing Fee | : | 0.50% of loan amount. |