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Vehicle Loan


Type of loan

Vehicle Loan

Method of payment

Monthly

Purpose

Taxi or Own

Eligibility criteria

Individual

Limits of Loan

Rs. 5 lakhs  or 75% of the invoice whichever is less

Rate of interest

12.25%

Penal interest

2%

Charges

Service charges, Legal fees, Valuation fees.

Security

Property

Period of Loan

60 months

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