Vehicle Loan



Four wheeler Loan
  • Three Wheeler ( New/Old)
  • Four Wheeler ( New/Old)
  • Light Commercial Vehicle (New/Old)
  • Heavy Commercial Vehicle ( Old / New)
Loan Amount
  • 5.00 Lacks
Rate of Interest
  • @ 14%
Guarantor
  • Two (Creditworthy Guarantor’s )
Membership
  • @2.5% of Loan Amount in share if loan amount > Rs. 1.00 lack
  • Nominal Membership if loan amount < or=Rs. 1.00 Lack
Loaning
  • Immediate Loan Sanction
Security
  • Said Vehicle
Documents
  • Quotation
  • Latest Income Proof of Applicant & Guarantor’s
  • In case of Businessman- Last three IT returns with audited Financial Statement
  • Bank Track Record last year
  • In case of Salary Earner - Last three months Salary Certificate and one year.
  • Salary a/c statement
  • ID & RD Proof’s documents of Applicant & Guarantor’s
  • Bank Track Record
  • Borrower’s residential proof
Pre-closure
  • No Pre-closure Charges
Loan Processing Fee
  • As per Loan Amount.
  • Up to Rs 5.00 Lacks @ 0.55%

REGISTERED WITH DICGC


“Valmiki Urban Co-Op Bank Ltd Pathri bank is registered with DICGC”
(https://www.dicgc.org.in)