Repayment Period : 36 to 60 instalments

Collateral Security :

a. L.I.C
b. N.S.C
c. Kisan Vikas Patra
d. Fixed Deposit. Recurring Dep.

Personal Use        Womens   : 9.50%

                           Others     : 10.00%

                        (Including All Vehicle)

Commercial Use 5 Years : 11.00% 

Rate applicable for Loans sanctioned after 12/09/2023

1. Duly filled Loan form
2. Account Statement / Passbook for verification
3. Other Bank account statement if any
4. Three Photographs of Borrower & Guarantors
5. Income proof for last three years if businessman / current 3 months payslips if salary earner, form no 16 of last year
6. Ration card of borrower and Guarantors
7. Aadhar card of borrower and Guarantors
8. Electricity Bill of borrower and Guarantors 
9. Profoma Invoice of Authorised dealer
10. Driving License, R.C book
11. Other documents related to vehicle
12. Fitness certificate in case of old vehicle.
13. Letters from expected business ( incase f commercial / Tourist vehicle)
14. H.P certificate (After Loan disbursement)
15. Project report (Incase of commercial Vehicle)
16. Advance payment receipt
17. CIBIL Report

      1. Share 2.5% of the Loan amount above 1 Lakh
      2. Guarantor's share of Rs 2000/- each
      3. Service Charges 1% of loan amount Min 150/-
      4. Franking – Upto Rs. 5 Lakhs – 0.10% Above Rs. 5 Lakhs – 0.30%
      5. Visit Charges – Rs.375/- to Rs 11800/-
      6. Scrutiny charges – Min – 475/- Max 50000/-
      7. Cibil Report – Consumer – 295/- Commercial – 2065/-

• Quick Disbursal
• Guarantor Not Required (Two Wheeler Loans) personal use vehicle upto Rs.7.50 lakh only one guarantor required
• No Pre-payment charges
• Flexibility in repayment period
• Daily reducing balance
• Repayment in addition to fixed instalment can be made without any charges