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/-)