Drive Your Dreams – Term Loan for Auto Rickshaw!
Ready to own your own auto rickshaw? Our Term Loan for Auto Rickshaw is designed to help you get on the road to success. With flexible repayment options, competitive interest rates, and quick approval, this loan is perfect for those looking to start or expand their transport business. Secure financing with minimal documentation and drive towards your future with confidence! Apply today and take the first step towards owning your auto rickshaw.
- For Purchase of Auto Rickshaw
- Should have Driving License, Batch issued by RTO, Auto Rickshaw Permit.
- Member of bank.
- Must have banking relation with our bank with sufficient repayment capacity. Must have Driving License, Batch issued by RTO, Auto Rickshaw Permit.
- Permit should be renewed timely.
ELIGIBLE AMOUNT FOR LOAN
- The purchase price of Auto Rickshaw as per Invoice/Quotation
PERIOD OF LOAN
- Maximum up to 60 Months
MARGIN
- 20% of purchase price of Auto Rickshaw as per Invoice/Quotation.
GUARANTOR
- Minimum Two Guarantors Required
RATE OF INTEREST
- Interest Rate : 10%* P.A
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