Maximum limit of loan:
Cost of the vehicle.
Margin : 15% of the cost of the vehicle.
Primary security:- Vehicle purchased out of Bank loan under hypothecation.
Collateral security:- Land and building / NSC/ KVP / LIC Policy/ Gold
Liquid security : Postal Certificates, Cash Certificates and surrender value of LIC matching to loan amount.
Repayment period: 48 equitable monthly installments
Rate of interest : Maximum 13%
Don’t be afraid of the space between your dreams and reality. We can make it so.
Some men take good care of a car; others treat it like one of the family.
A good home must be made, not bought.
Cottage & village industry
Deposit Scheme
Aagriculture loan
