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Vehicle Loan

Vehicle Loan (Personal Use)

  • Make a choice of any kind of vehicle – two or four wheeler loan is available.
  • Loan Maximum limit 40 Lac. Margin is 20% to 30% of cost of vehicle excluding RTO & other charges.
  • Repayment can be raised up to 3 to 7 years depending upon income sources.
  • Two acceptable sureties required, group guarantee is also allowed.
  • The applicant has to become the Shareholder / Member of the bank.
  • Condition Apply.


Vehicle Loan (Commercial Use)

  • Loan is available for purchase of 3-Wheeler, Passenger Vehicle & Transportation.
  • Loan maximum limit 75 Lac. Margin is 30 % of cost of vehicle excluding RTO & other charges.
  • Repayment can be extended up to 3 to 7 years depending upon income sources.
  • Two acceptable sureties required.
  • The applicant has to become the Shareholder / Member of the bank.
  • Condition Apply.


Vehicle Loan (Agriculture Purpose)

  • Loan available for purchase of Tractor for Agriculture purpose.
  • Title paper of agriculture land is required.
  • Two acceptable sureties required.
  • The applicant has to become the Shareholder / Member of the bank.
  • Condition Apply.