Reg. No: SA 2914 Dated : 27 Jan. 1995
License No: UBD Guj-1153 P Dated : 01 July 1995

Two Wheeler Loans

Eligibility of borrower * Having current / saving account holder of the Bank.
* Borrowers should have his own/ family member's/  guarantor's  
   residential or business property in their  name in the Govt./
   SMC record.
Purpose of Loan Purchase of new vehicles.
Quantum of finance * Up to 80% of  quotation value.
* In case of  margin money deposited in fixed deposit   with the bank, loan may be considered at 100% of quotation value.
Repayment period Maximum 36  months.
Rate of Interest @ 13.50%  p. a.
Security * One personal guarantor.(If borrower has property).
* R.C. Book have to be deposited with the Bank.
* Vehicle to be insured comprehensive in with Bank  clause.

 Two Vehical Loan