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Insta Vehicle Loan Scheme for existing Home Loan Borrowers

Objective To offer hassle free vehicle loan to existing Home Loan Borrowers
Purpose

Purchase of car/ two wheeler for personal use.

Eligibility

All existing home loan borrower accounts where the loan has run for minimum 5 years (excluding moratorium period) without a single default in EMI.

Age of applicant As per Scheme for Financing Purchase of Car by Public Click Here.
Type of facility
Security
Insurance
Assessment of Limit 90% of On road price of Car/ two wheeler, Maximum Rs. 10 lacs
Special features

No fresh Income Proof required

Maximum Repayment period

Four Wheelers : 100 months

Two Wheelers. : 84 months

Rate of Interest Click Here
Processing Charges Click Here
Prepayment Charges NIL

Above are only salient features of the scheme. For details please contact nearest branch

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