Thursday November 21, 2024
वि.सं २०८१ मंसिर ०६ बिहिबार
European Microfinance Award
Np

Hire Purchase Loan

Features

Interest Rate:  Base Rate + upto 6.00% 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

Fee Charges

  • Administrative Charge – 1%
  • CIC Charge – Rs. 250 per inquiry (For No Transaction Report)
  • Rs. 550 per inquiry (For Transaction Report)

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