It is a easy finance scheme for purchase of a new car only.

Personal Car :

Eligibility :

Nominal Members/ Member of PACS

Purpose :

For purchase of only new four wheeler/car for personal use only.

Maximum amount of Loan :

For salaried person it would be maximum amount of 85% of the quotation value and for others it will be 80% of the quotation value with some terms & conditions for both the cases.

Repayment :

Maximum of 60 EMI including interest.

Margin Money :

20% where quotation value of the vehicle is upto 10 Lakh & 30% where quotation value of the vehicle is exceed 10 Lakhs.

Rate of Interest :

As fixed by Bank from time to time.