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Benefits

Purpose

For purchase of New Car/Van/Jeep/Multi Utility Vehicle (MUV) or Sports Utility Vehicles (SUV).

Eligibility

Individuals who are having an assured source of regular income viz. Salaried employees, Pensioners, Professionals, Self Employed persons, businessmen, farmers etc.

2-year ITR filling is mandatory.

Loan amount

Minimum Loan amount: Rs. 1,00,000/-

Maximum Loan amount: Rs. 20,00,000/-

Processing fee and documentation Charges

Nil

Documents Required for Digital Journey

Valid PAN Card (Name in saving account strictly as per PAN)

Valid Mobile Number.

Aadhar number linked with mobile number

Web-camera for clicking picture and performing Video KYC. (in case of New to Bank customers)

Income Tax Login credentials for fetching ITR details.

Quotation of car to be purchase .

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