Purpose:

For purchasing own Vehicle (Four wheeler) – New or Old

For purchase of Two Wheeler-(New)

For purchase of Commercial Vehicle-(Four Wheeler)-New

Features:

Maximum Loan Limit – Ex-Showroom Cost + Registration – Discount – Exchange Amount whichever is less with applicable margin.

Maximum Repayment 60 months. in case of Old Vehicle up to 36 months only.

Rate of Interest and Margin is subject to change from time to time.

Charges:

Documentation Charges as applicable.

Required Documents:

1. Duly filled form.

2. PAN Card of Applicant(s) & Guarantor(s)

3. KYC of Applicant(s) & Guarantor(s)

4. Residential Proof of Applicant(s) & Guarantor(s)

5. Income Proof of Applicant(s) & Guarantor(s)

6. Two acceptable guarantors and security holders to be also taken as guarantors.

7. Primary Security Vehicle to be purchased.