| Rate of Interest |
Click Here for Interest Rates |
| Margin |
25% for all vehicles and 10% for Riksha |
| Gurantors |
Two |
| Repayment |
Within maximum 60 months (No Prepayment Charges) |
| Membership |
2.5% of Loan as Shares |
| Security |
Hypothecation of New Vehicle to be purchased
|
| Documents |
- Loan Application
- Latest Income Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- Address Proof of Applicant & Guarantors
- Photograph of Applicant & Guarantors
- Quotation of New Vehicle
|
| Who Can Apply |
Any Individual or Legal entity |
