Car Loan

(WEF 22-09-2025)

Int. Rate @ 08.00% 

Terms and Conditions:

      • Hypothecation of Vehicle
      • Up to 80.00 % of On Road Value of Quotation
      • Re-Payment Period up to 60 Months
      • KYC Documents with 2 Latest Photographs
      • 3 Yrs. I.T. Returns / Balance Sheet/ Last 3 Months Salary Slip and Statement of Net worth.
      • Last 2 Yrs. Bank Account Statements.
      • 1 Guarantor required for loan amount up to Rs.15.00 Lakh, above Rs. 15.00 Lakh 2 Guarantors required with KYC and Statement of Net worth.
      • Dividend on linking Shares will be transferred in account as and when declared by the board.
      • Penal interest @2% extra will be charged in case of irregular A/cs.
      • Principal / Collateral Security must be covered by insurance.

    Said Facility available for second hand Car up-to 3 Yrs. old. Margin at 40.00%,

Second Hand @ 9.70% (WEF 01-09-2025)

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