Car Loan

Easy finance for becoming a proud owner of your dream Two wheeler/Four Wheeler.

Eligibility:

• A person, who draws his/her salary from any of the Branches of this Bank.
• Customers interested shall have to obtain nominal membership of the Bank for availing the loan. The stated membership may be obtained by depositing a Nominal Membership Fee of Rs.100/- only.

Purpose:

 For the purchase of new Two wheeler/Four Wheeler (for personal use only).

Maximum amount of Loan:

A maximum of 75% of the quotation value with applicable terms & conditions.

Repayment:

Within a maximum period of 5 years (through a maximum of 60 EMIs) 

Margin Money:

25% of the quotation value of the vehicle.

Rate of Interest:

As revised by Bank from time to time. At Present the rate is 7.50% p.a.

For further Details, please visit the Nearest Bank Branch.