Vehicle Loan
Purpose
To purchase a new vehicle
Amount of loan
80% of Showroom prize Maximum limit per member is Rs.10 lakh.
Period of Loan
120 months
Security
Salary certificate
Hypothecation of the vehicle
Documents/Formalities:
- Duly filled Loan application.
- Latest salary certificate and Form No. 16
- Performa Invoice from the dealer
- RTO Forms