Vehicle Loan Scheme
Purchase of Two Wheeler/ Four Wheeler for personal/commercial use.
Individuals / Firms / Companies.
90 % of on-road cost of Two Wheeler.
85 % of on showroom prize of Four Wheeler.
Hypothecation of Vehicle purchased (Registration of Bank's charge with R.T.O.)
60 months maximum (5 Years)
Loan Application Form in prescribed format.
One passport size photograph.
Address Proof
Identity Proof
Share Holder
Salary/Income details
Vehicle Cotation
Lic Policy
Valuation Report
Proforma Invoice of Authorised Dealer
Any other documents required by the Bank.
