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