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Type of facility
: Loan for purchase of four
wheelers
Eligibilty
: Salaried / Self- Employed /
Businessmen.
Age eligibility would be
maximum of 60 years at loan maturity.
Repayment capacity will
be considered on total income of
applicant and
co-applicant.
Loan Amount
: 100% of invoice value excluding
insurance.
Repayment period : Maximum
upto 5 years
Rate of Interest
: As applicable
Security
: Hypothecation of vehicle
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