Vehicle Loan (V.L):
We provide Spot Loan facility to our customers for purchase of Bike, Scooter, Auto-Rickshaw, Car, Truck, JCB etc., with easy documentations.
On Road - 75% Loan |
30 to 60 Easy Instalments |
84 Instalments for Four Wheelers (7 Years) |
25% Down payment (on road prize of vehicle) |
Rate of Interest: 12.9% (Reducing Interest) For new Vehicle
Documents required for Vehicle Loan:-
- 3 passport size photo.
- Vehicle Quotation.
- Identity Proof
- Driving License Xerox
- Voter ID Xerox
- Ration Card Xerox
- Adar Card Xerox
- Nationalized Bank’s Advance Cheque.
- 2 Surety – (SB a/c with St. Milagres)
Documents required for 2nd Hand Vehicle Loan:-
- 15% FD on loan amount.
- 3 passport size photo.
- Identity Proof :–
- Second hand vehicle 10% FD.
- 2 Surety – (SB a/c with St. Milagres)
- Vehicle photo - (Front & Back)
- Valuation Report.
- Vehicle Insurance.
- Driving License Xerox
- Voter ID Xerox
- Ration Card Xerox
- Adar Card Xerox
Note: Loanee should be identified by the Branch Manager.