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:: CAR LOAN ::
PURPOSE : For purchase of new car
ELIGIBILITY : Salaried Employees / Businessmen / Professionals
LOAN LIMIT : Max Rs.8 Lacs
Any loans over & above Rs. 8 lacs to be sanctioned by LSC only.
BASIS OF
ADVANCE
: Maximum 100% of Ex-Showroom cost.
REPAYMENT PERIOD : Maximum period 6 Years.
Vehicle Loan
( 4 Wheeler)
: 10.00 %
PROCESSING FEES : Processing charges of 0.50% of loan applied to be paid upfront
SHAREHOLDING : Share money of 2.50 % of the loan be taken.