Basoda Nagarik Sahakri Bank Ltd.

Car And Two wheeler Loan

Designed for businesses, this facility offers easy access to working capital to help your business grow efficiently.

Purpose - to purchase a four wheeler for personal or commercial use.
Loan amount - Up to 80 percent of the vehicle's (showroom price + insurance + road tax) price.
Securities - The vehicle will be hypothecated, guarantee of one member accepted the Bank.
Co-security - Immovable property of the borrower or guarantor.
Insurance - Vehicle and mortgage property will have to be insured.
Loan repayment - maximum 60 months (salaried employee’s maximum 84 months)
Applicant will have to submit three years financial sheets and income tax return (for business class).