Benefits

Objective

To make available Loan for purchase of car to Government Employees on attractive terms.

Eligibility

For permanent employees of Central, State Govt. Para Military personnel and Pensioners of Central & State Govt & Employees of PSUs

Purpose

As per Scheme for Financing Purchase of Car by Public

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Income Criteria

Quantum Of Finance

Margin

Security

Guarantee/ Collateral Security

Repayment (Maximum)

Prepayment Charges

Rate Of Interest

“BANK WILL CHARGE INTEREST ON ALL ADVANCES, UNLESS OTHERWISE SPECIFIED ON THE BASIS OF 365 DAYS PER YEAR”.

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Processing Charges/ Upfront Fee

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Documentation Charges

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

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