...Imagine the excitement of owning a car..... the luxury, the thrill....
For buying new or used four wheeler
Vehicle Loan Eligibility
All individual borrowers / professionals / reputed firms / companies are eligible. However HUF is not eligible.
Salaried individuals should have a minimum gross salary of Rs.3.00 lacs p.a. Minimum NTH after proposed installment should not be less than 25% or Rs.12,000/- whichever is higher.
Other than salaried individuals should have a minimum Gross Annual Income of Rs.3.00 lakh p.a. as per latest ITR/ITAO OR should have a minimum Gross Annual Income of Rs.3.00 lakh p.a. as per latest ITR/ITAO subject to 3 years’ Annual Average Gross Income not less than Rs.2.50 lakh.(in case if they are engaged in business/profession for more than 3 years). Minimum NTH after proposed installment should not be less than 25% or Rs.12,000/- whichever is higher.
We also finance used cars (not older than 3 years) at the same low interest rates. We finance 60% of the agreed price or 60% of the value of the car or 60% of the original value of the vehicle, as assessed by an automobile engineer or Rs. 50.00 Lakh whichever is lower
Customers are requested to call on our mentioned Toll Free Numbers only for any complaints/issues. Bank shall not be responsible for any consequences arising out of customers calling any other unverified numbers.