Vehicle Loan

Product DetailsBharathi Vehicle Loan
DescriptionScheme for purchase of 2-wheelers and 4-wheelers.
Eligibility

a. Individuals / Salaried class / Businessmen / Professionals.
b. Eligibility is based on the income earning capacity subject to the availability of 40% take home pay.
c. For 4-wheelers: Minimum Gross monthly income must be Rs.25,000/- or above

Purpose

Purchase of a new 4-wheeler or 2-wheeler for personal use only.

Max. Loan Amount2 Wheeler – Rs.10 Lakhs
4 Wheeler – Rs.100 Lakhs
Rate of Interest

9.95% – for 4-wheelers
11.25% – for 2-wheelers

Other ConditionsPlease visit nearest Branch