- Car Loan
- Consumer Loan
- Gold Loan
- Housing Loan
- Professionals and Self Employed
- Loans for Commercial Vehicles
- Loans against NSC/KVP/LIC Policies
- Educational Loans
- Loans for Business
- OTS For Mining Affected Borrower
- COVID 19 Relief Packages
- Restructuring Policy - MSME
- Restructuring Policy - Individual
- Personal Loans
Car
Loan
Purpose
For purchase of 4 wheeler for private use only.
Eligibility
Salaried Employees/Businessmen having regular source of income.
Security
Hypothecation of Vehicle
Term
of
Repayment
Maximum of 84 months
Margin
Minimum of 10%
Rate
of
Interest
| Period of Repayment | Rate of Interest |
| Above 3 years | 8.35% p.a at monthly rest |
| Above 3 years to 5 years |
8.75% p.a at monthly rest |
| Above 5 years to 7 years | 9.25 p.a at monthly rest |
| Repayment within 7 years of the vehicle | 11% p.a at monthly rest |
The new rate shall be applicable to all fresh loans availed from 16.02.2022 for purchase of a new car.
For further details about the scheme you may visit any of the Branches or call Branch Manager.
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In case of any grievances or complaints, please Call us on 18002331024 or write to us
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