Forex:

US DOLLAR 1 Buying 108.80 Selling 109.40

GB POUND 1 Buying 133.66 Selling 135.35

SWISS FRANC 1 Buying 108.20 Selling 109.29

AUSTRALIAN DOLLAR 1 Buying 81.78 Selling 82.61

CANADIAN DOLLAR 1 Buying 81.27 Selling 82.09

SINGAPORE DOLLAR 1 Buying 76.00 Selling 76.77

HONGKONG DOLLAR 1 Buying 13.96 Selling 14.10

JAPANESE YEN 10 Buying 9.46 Selling 9.63

EURO 1 Buying 115.88 Selling 117.05

CHINESE RENMINBI 1 Buying 15.76 Selling 15.92

THAI BHAT 1 Buying 3.06 Selling 3.09

KOREAN WON 10 Buying 0.91 Selling 0.93

SAUDI RIYAL 1 Buying 28.88 Selling 29.17

QATARI RIYAL 1 Buying 29.75 Selling 30.05

As per 2017-01-22 | 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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