- Offering :Car Financing & Light Commercial Vehicles like Bolan
- Facilitation Mode :Both Ready Delivery & Booking Modes
- Loan Size :in Rs. 0.500 Million to Max Rs. 15 Million
- Financing Tenor :Minimum 1 year to maximum 7 years (for new & locally manufactured)
- Processing Fee :Rs. 5000/= excluding tax
- Insurance / Tracker Charges:As per actual
- Imported Car :At time of finance, imported car should not be older than 3 years
- Co-Borrower :Spouse / Parents / Son / Real Brother
- Minimum Equity :Minimum 15% of locally manufactured new vehicles Minimum 25% for imported vehicles.
- Debt Burden :50% debt burden of net disposable income
- Mode of Repayment :Direct Debit or Cash payment directly in deposited in Repayment Account & PDC
- Mark Up :6M KIBOR + 3.5% to 4.5% p.a.
- Age – Salaried Persons :Min 21 years to max 60 years at time of maturity.
- Minimum Salary :Rs. 35,000 net take home reflecting in the bank statement
- Age – Businessmen / Self Employed :Min 21 years to max 65 years at time of maturity
- Determination of Income :Minimum average balance of Rs. 50,000/= for six months
- Business Status :Minimum 3 years in current business