Aspects

• Hassle Loan Processing.
• loan limit is 70% to 80% of vehicle quotation.
• Maximum loan tenure of 2 to 5 years is allotted.
• Pre-Payment Penalty : 3% Penalty charges.
• Margin amount 20% to 30% as per quotation

ROI & Handling Charges

• Rate of Interest is 16%.
• Handling Charges : Half Yearly & Yearly.
• Processing fees : 0.5%

Eligibility

• Salaried Individual, having a regular monthly income of Rs.10,000+
• Businessmen
• Self - employed
• Professionals having regular source of income
• Age : 18 to 55 years

Documentation & Security

• In case of new customer, applicant & guarantors need to open savings / current account.
• Duly filled form with :
  • Income Proof of Applicant 
  • Aadhar card of Applicant & Guarantors
  • PAN Card of Applicant 
• Employer (salary slip of 3 months) and 2 year form 16 from employer
• Vehicle quotation
• Two Acceptable Guarantors.

Share Holdings

• Share amount @ 5% of loan amount.