Janaseva Vehicle Loan



Eligibility
Purpose of LoanPurchase of New Vehicle for Personal use and For Commercial Vehicle
Loan AmountFrom Rs. 50,000/- to 150.00 Lakh (Maximum)
Margin10% for Two Wheeler
15% for on Road Price / Ex-showroom Price
50% for resale vehicle
Loan /Repayment Period60 Months up to 25 Lakh and
84 Months above 25 Lakh
36-60 months
Primary SecurityHypothecation of Vehicle
Collateral SecurityAbove Rs. 10 Lakh50% for Transport and Resale
No. of Guarantor One Financially Sound Guarantor/s
Share Amount2.5% of sanction amount or Max. 5 Lakh.

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