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EMI Chart
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|
EMI
per lac
(in Rs.) |
|
INT (% p.a) |
36M |
48M |
60M |
|
12.00 |
3289 |
2607 |
2202 |
|
12.50 |
3311 |
2631 |
2227 |
|
15.00 |
3424 |
2749 |
2350 |
Loan Amount
A. Brand
New car :
100% of Invoice Value.
B. Second Hand Car : 80% of Agreement Value
or Valuation
Report whichever is less, if car is up to 2 years
old.
70% Of Agreement Value or Valuation Report whichever
is less,
if car is 2 to 3 years old.
Rate
of Interest
A. For New Vehicle :
Repayment Period upto 3 years. 12.35% Floating
Repayment Period upto 5yrs. 12.85%
Floating
B. For Second Hand Vehicle : Repayment Period
Upto 3 years. 15.35 %
For
Vehicle less than 3 yrs. old.
Repayment
Period upto 3 yrs Loan Upto 2 Lacs
- Loan above 2 Lacs
Service Charges :
0.50% of loan amt. (Min. Rs.2000/-)
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