Objective : To provide financial assistance to Authorized dealers of reputed Transport Vehicles to set up New showroom/ Service Station or renovation/ modernization of existing showroom/ service center.
|Eligibility||:||All existing and prospective dealers.
[Appointment/ Allocation of dealership from the vehicle manufacturing company should be submitted]
|Quantum of Loan||:||Need Based|
|Repayment||:||Working capital loans is valid for 12 months
Term Loan 60 to 84 Months including moratorium period of 6 months
|Security||:||Primary : Hypothecation of assets created out of Bank Finance
Collateral : Tangible collateral security covering 75% of loan amount.
|Interest Rate||:||CLICK HERE to view interest rates|
[Working Capital Loans]
|:||CLICK HERE to view Processing Fee|
|:||CLICK HERE to view Up-Front Fee|