Loan available for purchasing new/used car or two wheeler for personal use.
Features of Vehicle Loan
Now you can Fulfill your dreams of owning a vehicle by availing Shiv Sahyadri Vehicle Loan.
- Attractive Interest Rates
- Documentation Made Easy
- Quick Processing
- Fulfill Your Every Need
Who Can Apply
Any account holder who is a Salaried employee / Businessman / Professional with repaying capacity
Purpose: For purchase of new / second hand Vehicle for own use or for commercial use
Loan avail up To 10 Lac
GUARANTORS: TWO GUARANTORS
Interest rate prevailing for the loan
period / scheme
60 Months @16%
Documents required
Documents of person | Documents of vehicle |
Duly filled Loan form Account Statement / Passbook for verification Other Bank account statement if any Three Photographs of Borrower & Guarantors Income proof for last three years if businessman / current 3 months payslips if salary earner, form no 16 of last year Ration Card of borrower and Guarantors Aadhar Card of borrower and Guarantors Electricity Bill of borrower and Guarantors (point 6,7,8 bring originals for verification) | Proforma Invoice of Authorized Dealer Driving License, R.C Book Other documents related to vehicle Fitness Certificate in case of old vehicle. Letters from expected business ( incase f commercial / Tourist Vehicle) H.P Certificate (After Loan Disbursement) Project Report (Incase of commercial Vehicle) Advance Payment Receipt |
Loan Avail up To 10 Lac, GUARANTORS :-TWO GUARANTORS, Repayment 60 months, 75% on Valuation