In today's fast paced world, a vehicle is but a necessity. Yet other expenses and plans in life take priority and the dream of owning a car takes a back seat. Whether as a comfortable and dependable means of transport or as a status symbol in society, we believe you deserve ownership of a vehicle.
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Key Benefits |
• Loans available up to Rs 8 Lakh for any car make/model. |
• Loans can be availed for new and second-hand cars (Not more than 3 years old). |
• Repayment period as long as 7 years (for new car) and 5 years (for old car) |
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Terms & Conditions |
• To qualify as an applicant for this loan, you need to be an employee, professional, or a Govt employee. |
• The maximum loan amount is Rs. 8 Lakh, or 24 times of your gross monthly income if you are salaried and thrice of net annual income if you are a professional, whichever is lower. |
• Loan margin : 25% for new car and 50% for secondhand car. |
• Repayment : |
New car : 84 months. |
Second hand car : 60 months. |
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For more details, kindly visit a Baroda Rajasthan Gramin Bank Branch nearest to you. |
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