Vehicle /Machinery Hire Purchase/ Hypothecation  Loan

This loan is provided for purchase of Vehicle/Machinery .

Documents Required:-

  • Quotation of  Vehicle /Machinery
  • Photograph of  borrower &guarantors,KYC Documents,
  • Borrowers  income proof.
  • Two  Guarantors having income.  
  • Linking shares @ 2.50% of loan.
  • Loan Repayment:- By monthly EMI. 
  • Interest Rate - Click Here 

 

Old Vehicle /Machinery Hypothecation vechicle/Machinery

This loan is provided  against the security of  the old  Vehicle/Machinery .

Documents Required:-

  • Ownership Documents of old Vehicle /Machinery .
  • Photograph of  borrower &guarantors,KYC Documents,
  • Vauation certificate from the banks paneled valuer.
  • Borrowers  income proof.
  • Two  Guarantors having income  
  • Linking shares @ 2.50% of loan.
  • Loan Repayment:- By monthly EMI.