Vehicle Loan

• Purpose: purchase of new car for personal use.
• Rate of interest: 9.75%
• LTV:
  Electric car/ hybrid car: 70%
  Others 30%

• LTI:70%
• Security: hypothecation of vehicle purchased out of bank finance.
• Repayment period:
  • Electric car / hybrid car: 7 years
  • Others:5 years

For more details and other formalities contact nearest branch head.

Download Application for Vehicle Loan