Limit Per Borrower | |
(i) For Personal Use: | Maximum Limit Rs.35.00 Lacs |
(ii) For Commercial Use: | Maximum Limit Rs.100.00 Lacs |
Margin Money: | |
Four Wheeler: | 15% of Proforma Invoice |
Two Wheeler: | 20% of Proforma Invoice |
Three Wheeler: | 25% of Proforma Invoice |
No. of EMIs: | |
Four Wheeler: | 50 to 60 |
Two Wheeler: | 50 to 60 |
Three Wheeler: | 36 |
Commercial Use: | 36 |
(B.O.D. reserves right to change according to repayment capacity of applicant). | |
Rate of Interest: | Click Here For Interest Rates |
Guarantors: | One guaranter (who holds property) |
Collateral Security: | Property Mortgage in case of Commercial Vehicle. |