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.