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| Introduction |
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Purchase of New/second hand Four wheeler, such as Car, Van, Jeep, etc.
Purchase of New two wheeler such as, Motorbikes, Scooter, etc |
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| Highlights |
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New Car |
Used Car |
| Loan Type |
Term Loan |
Term Loan |
| Ex-Showroom/On Road |
On Road |
On Road |
| Loan Amount |
95% of on road price (inclusive of Insurance, Road Tax and Registration charges) of the new
2
wheeler and accessories (max. Rs.500/) or 12 months gross salary, whichever is less, subject to
a maxi of Rs.60000/
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70% of value of the Car (as valued by approved valuer) .
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| Tenure |
Min. - 12 months.
Max. - 84 months.
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Min. - 12 months.
Max. - 60 months.
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| Interest Rate |
12.25 % |
10.9 % |
| Time to Process Loan |
7 days |
7 days |
| Preferred Manufacturers |
Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota |
Bajaj, Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, Hero Honda, HINDUSTAN MOTORS, Honda, Hyundai, Indus, Kinetic, Mahindra, Maruti Suzuki, Mercedes Benz, Mitsubishi, Nissan, Reva, Royal Enfield, SAN Engineering, Skoda, Suzuki, Tata Motors, Toyota, TVS, Yamaha |
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 Fees & charges
Fees & charges
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New Car |
Used Car |
| Stamp Duty |
As Per Actuals |
As Per Actuals |
| Legal, Repossession and Incidental Charges |
As Per Actuals |
As Per Actuals |
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| Comment on Charges |
12.75 % interest will be charged for 2 wheelers |
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Special Offers
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Special Privileges |
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| New Car |
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0.50% of concession in applicable interest rate available to employees of Govt/PSU/Corp/Blue Chip companies, where there is a tie-up arrangement or Corporate sponsor the application and give irrevocable undertaking letter. |
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Show All Auto Loans
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