Vehicle Loan Upto Rs.5,00,000/- (Repay In 36 installments @ 12%p.a.)
Minimum Three or Maximum Four Surety Required (One outsider gent’s Member surety Must)
Loan Sanctioned 80% of Performa Invoice
8 new CTS Cheques Of saving bank(Personal ) account of applicant Deposit with Loan Form.
2 new CTS Cheques Of saving bank(Personal ) account with Three Months bank Statement of Outsider Gent ‘s Member Surety.
Latest two Year ITR Along with computation of income/govt. salary slip/ form 16.A etc of all sureties necessary Current six Months Bank Account statement/Passbook photocopy of applicant required.
Latest two Year ITR Along with computation of income/govt. salary slip/ form 16.A etc of applicant.(6 months Gap necesssary Between two years ITR)
Performa invoice of full value of vehicle Required.
⚹Hypothecation Of vehicle in favour of society is must.
⚹After sanctioned of loan One key of vehicle\Photocopy of RC and insurance need to be submitted in society premises.