Purpose | For personal use of Individual Borrower / Partners / Directors of the company |
---|---|
Limit | As per bank's policy |
Security | As per bank's terms & conditions |
Margin | As per bank's policy |
Interest Rates | As per Annexure - Interest Rates |
Repayment | As per agreement |
Processing Fees | As per bank's policy |
Eligibility | Individuals / Proprietary / Partnership Firms / Pvt. Ltd. Companies |
Basic Documents | * KYC documents of borrower and guarantors
* Salaried : Salary Slip & Form 16 along with Salary A/c * Business : Copies of IT returns for last 3 years along with financial statements and business A/c statements for last one year * Proforma Invoice / Quotaion Only from Authorized Dealer of the Vehicle to be purchased |