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Transport Loan

  1. Loans
  2. Transport Loan
Transport Loan

Transport loan for purchase of various vehicles is available to customers at attractive rate of interests.

  • For purchase of new personal vehicle.
  • For purchase of new commercial vehicle.
  • For purchase of old personal vehicle.
  • For purchase of old commercial vehicle.

Personal Vehicle Loan (Maximum tenure 84 months) / Old Personal Vehicle Loan (Maximum tenure 84 months or as per the expiry date mentioned in RC)
S.NoParticularsROI (General)
1 CIR score 725 or above8.95%
2 CIR score between 700 and 724 or (-1)9.30%
3 CIR score less than 7009.70%
4 CIR score 801 or above for Government Serving Employee*8.20%
5 CIR score between 750 and 800 for Government Serving Employee*8.50%
6 CIR score (-1) for Government Serving Employee*8.70%
7 CIR score 680 or above (Old Personal Vehicle)11.20%
8 CIR score less than 680 (Old Personal Vehicle)13.705

Commercial Vehicle Loan (Maximum tenure 84 months) / Old Commercial Vehicle Loan (Maximum tenure 60 months or full tenure of loan as per Expiry Date mentioned in RC)
S.NoParticularsROI (General)ROI MSME
1 Educational Institutions9.45%9.20%
2 Others9.70%9.45%
3 CIR score 680 or above (Old Commercial Vehicle)11.20%10.95%
4 CIR score less than 680 (Old Commercial Vehicle)13.70%13.45%

Note: For more detailed information, terms and conditions, kindly contact your nearest branch.

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