Vehicle Loan

You can now purchase your dream car right away. We can provide you with a car loan at competitive interest rates and flexible repayment terms.

  • Professionals / Self Employed
  • Salaried people
  • Businessmen
  • To purchase vehicle for Private Use
  • To purchase vehicle for Transport Business
  • In case of two wheeler 100% of the value.
  • In case of new cars 90% of the value of the vehicle.
  • In case of commercial vehicles 90% of the value.
  • Upto 60 monthly installments.
  • Vehicle to be purchased.
  • Minimum two Sureties out of which one should be an income tax payer and one should own a vehicle.
  • The Borrower and all the sureties should be Regular members of the Bank.
  • Loan application.
  • Residential proof, Pan Card, Aadhaar Card of Applicant and sureties.
  • Proforma Invoice for vehicle, cabin etc.
  • Saving/Current Account Statement.
  • Proof of Occupation and Income.
  • Certified Balance sheet and Profit & Loss A/c. Statements of the borrowers and sureties.
  • In case of salaried persons pay slip of last three months.
  • Other certificates.
  • Any other document required by bank.