“Two-wheeler” is the vehicle of the common man. As service to the common man, two wheeler loan is granted by the Bank.
Purpose:-
Purchase of a two-wheeler.
Loan Limit :-
Maximum Amount – Rs. 75,000 /-
Cost of Vehicle + Insurance
(Excluding RTO Charges and Accessories)
Margin :-
25% cost of Vehicle
Period of loan :-
Maximum period of loan is 36 months. It should be paid in EMI.
Rate Of Interest:-
Please Contact Your Nearest Branch
Security:-
Hypothecation of the vehicle to be purchased.
Guarantee:-
Two guarantors.
*Conditions Apply