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Features
Stamp Duty Absorbed by the bank
Low fixed interest rates.
Repayment up to 07 years.
Door step service.
Loan facilities starting from 1 Mio to 20 million.
No Irregularities in CRIB
Eligibility
Net Income + Fixed Allowances to be over Rs.100,000/-
Permanent Employees who have completed 1 year in employment
Age between 20 – 60 years
Documents Needed
Valid National Identity Card / Driving License
Letter of employment and Salary confirmation
Evidence of Income : Last 3 months salary slips & Bank statement of last 3 months
Copy of marriage certificate (if joint with spouse)
Billing proof (utility bills)
Sole agent’s invoice for brand new vehicles
Invoice & Valuation from a panel valuer for unregistered vehicles
Copy of CR book & valuation from a panel valuer for registered vehicles
Duly completed application