Rg. No. YML/BNK 144
ISO 9001:2015 & ISO 27001:2013 CERTIFIED BANK
Vehicle Loan
Purchase a New or Second Hand Four Wheeler for personal use.
Avail Loan upto 50 Lacs.
Flexible repayments tenures up to 48 months
Zero Prepayment charges
Features
Eligibility
Documents
Features
Loan Limit : Contact Our Nearest Branch.
Repayment : Maximum 84 months. In case of old vehicle: Maximum repayment tenure – 36 months.
Pre-payment Penalty : Nil
Rate of Interest :
A. For Loan tenure up to 60 EMI : 10% * p.a.
B. For Loan tenure up to 84 EMI : 10% * p.a.
Service Charges : Applicable from time to time.
Margin : Applicable from time to time.
Eligibility
Get Personal Loans from Yavatmal Urban Bank.
For Salaried Persons : 1. Employees of reputed and financially sound organizations. 2.Minimum Gross take home salary of INR. 20,000/- per month and confirmed service for at least one year.
For Businessmen & Professionals : Business should have establishment of minimum of three years.
Co-Applicant : Spouse/parents of the applicant can be taken if required.
Documents
Dully filled form with : 1. Income Proof of Applicant & Guarantor. 2. Residential Proof of Application & Guarantor. 3. Pan card of Application & Guarantor. 4. KYC of Applicant & Guarantor.
New/ Old vehicle to be purchased Prime Security is required .
Two Acceptable Guarantor and Security holders to be also taken as guarantors.
Other Charges: One Upfront EMI, Franking Charges, ROC and Notary charges, etc.
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