Transport Operator

Any individual/group of persons / firm for purchase of one or more vehicles including passengers / goods carriying vehicle of standard make may avil this loan.

* Applicant should preferably posses driving licence/ route permit or assurance letter of road permit.

* Margin - Above 25,000.00 - 25% of the cost of the vehicle.

* Registration - Vehicle to be registered with R.T.O. with name of the Bank as financer under hypothecation clause.

* Repayment - 60 monthly instalments.

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