Purpose For personal use of Individual Borrower / Partners / Directors of the company
Limit As per bank's policy
Security As per bank's terms & conditions
Margin As per bank's policy
Interest Rates As per Annexure - Interest Rates
Repayment As per agreement
Processing Fees As per bank's policy
Eligibility Individuals / Proprietary / Partnership Firms / Pvt. Ltd. Companies
Basic Documents * KYC documents of borrower and guarantors
* Salaried : Salary Slip & Form 16 along with Salary A/c
* Business : Copies of IT returns for last 3 years along with financial statements and business A/c statements for last one year
* Proforma Invoice / Quotaion Only from Authorized Dealer of the Vehicle to be purchased