| Type of Facility | Vehicle loan (Two Wheeler) |
|---|---|
| Maximum amount | Rs.0.75 lakhs |
| Rate of interest | 12.00% p.a. |
| Maximum repayment period | 48 months (max) |
| Margin | 25% on value of proforma invoice / Quotation |
| Eligibility | Professionals, businessman, salaried employees and self employed |
| Purpose | To purchase two wheeler |
| Type of Facility | Vehicle loan (Four Wheeler for personal use) |
| Maximum amount | Rs.7.00 lakhs However, eligibility subject repaying capacity. |
| Rate of interest Less then 5 lakh Above 5 lakh |
9.50% p.a. for Brand new vehicle 10.50% P.a for brand new vehicle |
| Maximum repayment period | 84 months (max) |
| Margin | 15% on value of proforma invoice / Quotation (Brand new vehicle) |
| Eligibility | Professionals, businessman, salaried employees and self employed |
| Purpose | To purchase four wheeler for personal use |
