To provide financial assistance to existing Housing loan customer for purchase of two wheeler or Four wheeler.

• Age: 21 to 67 years.
• Permanent employees of State/Central Government, Public sector undertaking, Corporations, Private Sector companies and reputed establishments.
• Professional, Self-employed, Business man and others who are income tax assesses.
• Persons engaged in Agriculture & Allied Agriculture who have regular source of income.
• Net Annual Income - Rs.2.50 lakh.
• CIBIL SCORE: Minimum 700.

9.95% p.a subject to revision from time to time.

Minimum Rs.50000/-, Maximum Rs.15.00 lakhs
Margin:
Loan amount up to Rs. 6.00 lakhs -15%
Repayment Period: 60 months or residual period of Housing Loan whichever is less.

EMI / NMI Ratio:

Up to ₹5.00 lacs                   : 55%(including proposed loan EMI)

Above ₹5.00 to ₹10.00 lacs : 60% (including proposed loan EMI)

Above ₹10.00 lacs               : 65% (including proposed loan EMI)

• Latest income related documents
• Valid Driving License
• Quotation of purchasing vehicle 

direct link to service charges

Primary Security : Hypothecation of vehicle. Copy of book duly noted with our Hypothecation charge should be kept attached with the documents.
Collateral Security: NIL.
Mortgage on Housing Loan is to be continued till the closure of the vehicle loan.