Avail funds from Rs. 20,000 to up to maximum of 100% of Ex-showroom price, be it a Salaried-Employee, a Non-Salaried applicant, Proprietorship, partnership firms, trusts, Co-operative societies, or HUFs.
Tenure ranging from 6 months to as long as 5 years.
Annual Interest Rate ranging from 16% to up to 18%.
Processing Fee : 2
Pre Closure Fee : 3% - 5% of the outstanding amount
Late Payment Fee : 3% per month on the overdue amount
Loan to Value Ratio : Up to 100% of Ex-showroom Price
Part Payment Fee : Not Allowed
MCLR : 12.70
Signed application form along with your photographs.
Form 16 or Income tax returns
Bank statement of last 3 months
Offers Funds as low as Rs. 20,000
Provides Option to Change EMI
No Income Documents are Mandatory
Zero Loan Cancellation Charges
High Interest Rate
Part-payment not Allowed
Guarantor is Mandatory
Offers Loan only on Ex-showroom Price.
Calculate Interest Rate on Monthly Reducing Balance.
Minimum age of the applicant should not be less than 18 years at the time of the loan application.
Maximum age of the applicant should not be more than 65 years at the time of the loan maturity
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