हिंदी वेबसाईट

Loan Against Vehicles For Personal Use

EligibilityMember /Nominal member of the bank.
PurposeFor purchase of New/Old vehicle not older than 3 years for personal use.
Margin20% of the total original cost of new vehicle and 50% of market value of old vehicles as assessed by the bank's approved valuer.
RepaymentFor New vehicle: 60 equated monthly installments For Old vehicle : 3 Years
Note: Loans for purchase of commercial vehicles, observe all the above conditions in addition to obtaining permit and margin will be 35%.
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