• Loan Amount : Finance up to Rs. 10 Lacs
• Period & Rate of Interest :for 60 Months and for 84 months, Attractive rate of Interest.
• Margin  : 10% (on Road price after deducting Accessories amount)
• Guarantor  : Two
• Prepayment Charges: No Prepayment Charges
• Processing Fess: @ 1 % of loan amount + applicable G.S.T. (amount will be reduced to the extent of 0.5% in deserving cases subject to entire banking with us)
• Share Holding : @ 2.5% of Loan
• Security : New vehicle to be purchased
• Eligibility :
• 1. _____ times of Net Salary * (* Net Salary after deducting outside loans)
• 2. ____ time of Net Cash Accruals* (* Net Cash Accruals = Net Profit + Depreciation + Interest)

Documents Required :

• Loan application
• Latest Photograph Applicant
• PAN Card of Applicant
• Address proof  of Applicant 
• Quotation of New Vehicle
• Latest Income Proof of Applicant
• In Case of Salaried Person :
• Salary slip of last 3 months
• Bank a/c statement for last 6 months where salary is credited.
• Form No 16 / ITR for last 3 finicial year.
• In case of Businessman :
• Proof of Business ( Shop Act, Food & Drugs License etc. as per applicability)
• Last 3 years ITR, P& L A/c , Balance sheet
• Last 6 months bank statement of business
• Insurance : Insurance cover of Bike/ Car as per bank’s policy.
• Any other documents as required by the bank at later stage.