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Credit and interest rates

Our Various loan schemes.

Scheme Car Loan
Eligibility All individuals having regular source of income.
Loan Amount Maximum Rs.20.00 lac
Margin 20% of on road price for new vehicle
30% of valuation for old vehicle
Term of Loan
  • Maximum 84 months for new vehicle
  • Repayment in equal monthly installments.
Rate of Interest / EMI
  • @ 8.75% Rs. 1596/- per months per lac for 7 years (No Processing fee)
  • @ 13% for old car
Services
  • 80% of on road price maximum up to Rs.20.00 lacs (for new vehicle)
  • For old car (up to 3year old) Maximum loan available up to 70% of valuation
Guarantor
  • One or two capable guarantors