Features
| Loan Amount | Minimum: Rs.300,000/-Maximum: Rs.6,000,000/- |
| Loan Tenure | Minimum:1 Yr – Maximum:5 Yrs |
| Mark-up Rate | Salaried: Six Months KIBOR + 400bps Self Employed Professional: Six Months KIBOR + 450bps Self Employed Businessman: Six Months KIBOR + 500bps *Mark-up rate to be revised on Six Monthly Basis |
| Down Payment (Equity) | Minimum 15% of Vehicle Value |
| Vehicle Type | Passenger Vehicle |
| Insurance | Vehicle Insurance will be mandatory from Bank’s authorized
Insurance Company |
| Early Settlement Facility | Available |
Note: Subject to other prevailing terms & conditions
Benefits
- Quick & Hassle Free Processing
- No Processing Fees before approval
- Choose any type of Car – Local (New & Used) & Imported (Registered & Un-Registered)
- Insurance through reputable Insurance Company at lowest rate