आईबी वाहन ऋण
Eligibility |
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Minimum Entry Age | 21 years | ||||||||||||||||||||||||
Purpose | For purchase of
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Margin | Two Wheelers & New Four Wheeler – 15% (Based on quotation “On Road Cost”)
For used vehicle, the loan amount will be restricted to 80 % of the Agreed Purchase Price or 60% of the valuation of the vehicle or insured Declared value (IDV) as per the latest Insurance Policy whichever is lower |
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Quantum of Loan | Two Wheeler – Rs.5.00 lakhs
Four Wheeler – Rs.2.00 crores (including used car) |
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Repayment Period |
# ‘Repayment period stipulated’ plus ‘the age of vehicle at the time of our sanction’ shall not exceed 84 months |
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Interest Rate | Click Here | ||||||||||||||||||||||||
Processing Fee | Click here | ||||||||||||||||||||||||
Income Criteria |
Net Take Home Pay:
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Security | Hypothecation of Vehicle purchased out of the loan amount.
For Loans upto Rs.25 lakhs:
For loans above Rs.25 lakhs:
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Documents Required |
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( अंतिम संशोधन Dec 05, 2020 at 03:12:41 PM )