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.