![]() ![]() Bank's lien to be noted with the Road Transport authorities.Hypothecation of vehicle purchased out of Bank's finance.There is NO prepayment penalty if loan adjusted from own verifiable source.Please click here to know our latest interest rates.No moratorium permitted under the scheme.Old 4-wheelers (not older than 3 years) - Rs.20 Lakh.Companies / Firms for purchase of vehicle for usage by their Directors/employees.Individual, either singly or jointly with family members.Minimum age - 18 years and maximum age - 75 years.Resident Indian citizen and Non-Resident Indians (NRIs).purchase of vehicle for usage by their Directors / employees. Loan can also be availed by Companies / Firms for professional use i.e.Purchase of Old 4-Wheeler, not older than 3 years.Loan can be availed by individuals for personal use: ![]()
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