Nagarik Sahakari Bank Ltd., Bhiwandi offers convenient and affordable *Vehicle Loan* facilities to help customers purchase their dream vehicles with ease. Whether it is a two-wheeler, car, or commercial vehicle, our vehicle loans are designed to suit your financial needs.
Key Features:
► Loans available for *new and used vehicles*
► Competitive interest rates* and transparent charges
► Flexible *repayment tenure*
► Simple and quick *loan processing*
► Minimal documentation
► Finance available for *private and commercial use*
► Hypothecation of the vehicle in favour of the Bank
Eligibility:
► Salaried individuals, self-employed persons, professionals, and business owners
► Good repayment capacity and satisfactory credit history
► Age and income criteria as per Bank norms
Loan Amount & Margin:
► Loan amount based on vehicle cost, income, and repayment ability
► Reasonable margin as prescribed by the Bank from time to time
Repayment:
► Monthly instalments (EMIs) through standing instructions or ECS
► Repayment period as per vehicle type and Bank policy
Security:
► Hypothecation of the vehicle financed
► Additional security or guarantor, if required by the Bank
