Two Wheeler Loan
Rate of interest
- 12.00% p.a.
Maximum Amount
Rs.0.50 Lakhs
Wide Circular no
कं्र.फा(46) बानासबैंक/सरकुर्लर/2020-21/दिनांक 16.07.2021
Maximum Repayment Period
60 months
Margin
75% on value of Performa invoice / Quotation
Eligibility
Professionals, businessman, salaried employees and self employed
Purpose
To purchase two wheeler
Shareholding/Membership Contribution
2.50% of loan amount.
Guarantors
Two guarantors as acceptable to the Bank. (With good net worth)
Four Wheeler Loan
Rate of interest
- 08.00% p.a. for Three years
- 08.50% p.a. for above Three Years
Maximum Amount
eligibility subject repaying capacity/ 75% on value of Performa
invoice / Quotation /60% Value of Property which over less
Maximum Repayment Period
60 months
Margin
25% on value of Performa invoice / Quotation
Eligibility
Professionals, businessman, salaried employees and self employed
Purpose
To purchase Four wheeler
Shareholding/Membership Contribution
2.50% of loan amount.
Guarantors
Two guarantors as acceptable to the Bank. (With good net worth)