National Toll Free No1800 425 00 000
 
National Toll Free No1800 425 00 000

Ind Auto

Ind Auto

Eligibility

  • Existing / new transport operators for purchase of TVS autorickshaw / public carrier vehicles

Amount of Loan

  • Maximum — One vehicle or Rs. 2.00 lacs per borrower –Two vehicles or Rs.4.00 lacs per group Whichever is lower

Margin

  • 15% on road price.

Interest Rates

  • Please see the interest rate link on the home page

Repayment

  • Maximum 60 months including holiday period of three months

Security

  • Hypothecation of vehicle purchased

Salient Features

  • To finance transport operators for transportation of passengers