1. Resident Indian citizen and Non-Resident Indians (NRIs) holding valid license.
2. Minimum age - 18 years and maximum age - 70 years.
3. Individual, either singly or jointly with other family members viz. father, mother, son, spouse or daughter as co-applicants.
4. Companies / Firms for purchase of vehicle for usage by their Directors / employees

• 15 % of on-road price (Vehicle Cost + Registration Charges + Insurance + Road Tax)
• 40 % of old vehicle's valuation cost
• Maximum 3 Years of repayment
• Processing charges @ 0.50% of the loan amount, subject to maximum of Rs. 15,000 plus service tax as applicable
• In case applicant/co-applicant is our SB account holder in silver/gold/platinum category or has availed any credit facility with our Bank, processing charges is 0.25% of the loan amount, subject to maximum of Rs. 7,500 plus service tax as applicable

• Proof of identity (any of the following)
  • Passport
  • PAN Card
  • Employee identity card
  • Any other valid proof
• Proof of address (any of the following)
  • Electricity bill
  • Telephone bill
  • Ration card
  • Any other valid proof
• Proforma / Invoice
• Valuation report from approved automobile engineer for old vehicle
• Proof of income
  • For salaried class
    • Last one year ITR
    • Form16 / letter from Employer
    • Last 6 months salary slip
    • For business class
    • Last three years ITR
    • P & L, Balance sheet
  • 3 photographs
  • Any other document which may be required from case to case

All-India Toll Free number
1800 22 22 44

Dedicated Number for NRI
+918025302510

Apply Online