Forex:

US DOLLAR 1 Buying 104.35 Selling 104.95

GB POUND 1 Buying 129.21 Selling 130.84

SWISS FRANC 1 Buying 104.82 Selling 105.88

AUSTRALIAN DOLLAR 1 Buying 79.30 Selling 80.10

CANADIAN DOLLAR 1 Buying 77.66 Selling 78.44

SINGAPORE DOLLAR 1 Buying 74.28 Selling 75.03

HONGKONG DOLLAR 1 Buying 13.38 Selling 13.51

JAPANESE YEN 10 Buying 9.35 Selling 9.51

EURO 1 Buying 112.18 Selling 113.32

CHINESE RENMINBI 1 Buying 15.10 Selling 15.25

THAI BHAT 1 Buying 3.01 Selling 3.04

KOREAN WON 10 Buying 0.92 Selling 0.94

SAUDI RIYAL 1 Buying 27.71 Selling 27.99

QATARI RIYAL 1 Buying 28.54 Selling 28.82

As per 2017-03-26 | View All

Vehicle Loan

Purpose To finance new Vehicle (Car/ Van/Jeep Etc) to individuals and business concern
Eligibility The gross monthly income (Self employed/Business/Salaried & Other income) of the borrower along with that of the spouse/other family members should be at least double of monthly installment of the loan.
Limit For individuals: 30 times of Net Monthly income or loan amount whichever is lower
For business: Need Based
Margin 25.00%
Interest rate Competitive rate
Repayment 5 - 7 years (In Equal Monthly Installments)
Security Registration of the vehicle in the name of bank
Acceptable Collateral security
Personal guarantee of person(s) acceptable to the Bank shall be obtained.
Insurance Comprehensive policy with third party insurance as per banks' clause.

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