Features
Interest Rate: Base Rate + upto 4.00% premium per annum
Facilities
In order to part-finance and re-finance of commercial vehicle (i.e. Bus, Trucks, Taxi, Jeep, Microbus, Heavy equipment’s like excavator, roller, dozer etc.) to be used for purpose of public transport or/ and for transportation of goods or/ and for official use by business firm/ companies.
Requirements
- Passport size photographs of Applicant
- Applicant’s Citizenship certificate
- Certified income source
- Photographs and Citizenship certificate of Guarantors
- Quotation of vehicle from authorized dealer
- Updated Blue Book in case of second hand vehicle
- Other supporting documents on demand
- National Identity Number (NID)
Fee Charges
- Administrative Charge – 1%
- CIC Charge – Rs. 250 per inquiry (For No Transaction Report)
- Rs. 550 per inquiry (For Transaction Report)