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Products & Services » Advances » VIP Car Loan


Eligibility
For Individuals /Groups
vhaving funded limits not less than Rs.25 lakh
vhaving Term Deposits of not less than Rs.25 lakh with the Bank for acquiring vehicles for personal use.

Quantum of Finance
v100% of Invoice Value excluding Insurance, registration, road tax etc.,

Rate of Interest
v9% to 10%.

Security
vHypothecation of the Vehicle.

Guarantee
vOne person with good means.



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