VEHICLE LOAN
- Finance for Two Wheeler/ Four Wheeler - Old, New and Preowned Cars.
- Loan Period: 12-60m ( based on the life of Vehicle in case of used/old vehicles).
- Loan Amount: 75-85% of the Cost in case of new vehicle 50-70% of the cost in case of old vehicle.
- Rate of Interest: Ranging from 9-18% depending upon whether old or new vehicle.
- Fixed Rate Loan: No worry for Increase in intrest rates due to changing market rates.
- Interest will be charged on reducing balance method.
- Easy and Flexible E.M.I. options.
- No Collateral required only hypothecation of Vehicle In Favour Of the Company.
- In case of old vehicle, the vehicle should not be more than 3 years old.
- Insurance and processing charges cost to be recovered separately.
- Transparent hassle-free processing, quick approvals and speedy disbursals.
- A large variety of two and four wheeler covered under the Company’s policy.