Purpose
:
Purchase of
Private / Commercial Vehicles (New or
Used)
Maximum
amount, Eligibility
For Private Vehicles
(New) a)
Max Rs.30.00 Lakh
Eligibility:
Salary after loan EMI amount 40% of the Net Income subject to
minimum 5000/- & Max 20,000/-
For Private Vehicles
(Used)
(a) Max Rs.30.00 Lakh
Eligibility: Salary after loan EMI amount 40% of the Net
Income subject to minimum 5000/- & Max 20,000/-
For Commercial Vehicles
(New)
(a) Max Rs.50.00 Lakh
For Commercial Vehicles (Used)
(a) Rs.10.00 Lakh not more than 3 years
b) Rs.15.00 Lakh for Buses not more than 5 years old
Rate of Int.:
Kindly refer Interest Rate Chart
Repayment :
upto 60
installments
