Purpose : For purchase of new car (For Self Use)
Eligibility : Salaried Employees / Businessmen / Professionals
Limit of loan : Maximum 100% of Ex-Showroom cost.
Repayment Period : Maximum period 6 Years
Vehicle Loan ( 4 Wheeler) : 8.50 %
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.