Vehicle Loan

  Give life to your dream of buying a car or a bike. Now purchase a new car, a new two-wheeler or a commercial Vehicle with our NAGRIK SAHAKARI BANK VIDISHA Vehicle Loan at attractive interest rate.

Benefit of Vehicle Loan

  • Loan Amount : Maximum Upto Rs. 25.00 Lacs OR Ex-Showroom Cost + Registration- Discount-Exchange amount whichever is less.
  • Repayment : Maximum 55 months OR Till the retirement age if salaried whichever is earlier.
  • No Pre-payment Penalty.
  • Rate of Interest: is Applicable from time to time.
  • Service Charges: are Applicable from time to time.
  • Margin: is Applicable from time to time.

Eligibility

Get Vehicle Loans from NAGRIK SAHAKARI BANK MYDT VIDISHA

For Salaried Persons :

  1. Employees of reputed and financially sound organization.
  2. Minimum Gross take home salary of INR.15,000/- per month.

For businessmen & Professionals :

  1. Business should have establishment of minimum of 3 years.

Co-Applicant:

  1. Co-Owners of dwelling unit must be taken as Co-applicant. Spouse /parents of the applicant other than Co-owners can be taken as Co-applicant.

Document Required

Duly filled form with :

    • Income Proof of Applicant(s) & Guarantor(s).
    • Residential Proof of Applicant(s) & Guarantor(s).
    • Original Quotation / Invoice.
    • PAN Card of Applicant(s) & Guarantor(s).
    • KYC of Applicant(s) & Guarantor(s).
    • New Vehicle to be purchased Prime Security is required.
    • One Acceptable Guarantor.

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