Kallapanna Awade Ichalkaranji Janata Sahakari Bank Ltd.
 

KAIJS LOAN

Kallapanna Awade Ichalkaranji Janata Sahakari Bank Ltd.

Pushpak Vehicle Loans

Whichever the CAR our auto loan is the answer

Pushpak Vehicle Loan Scheme

Purpose

Purchase of New Two Wheeler & Four Wheeler, Used Four Wheeler (Car)(Vehicle should not be more than 5 years old)


Limit of loan

a) 75% of Ex-showroom cost for new vehicle 50% of cost (based on valuation) used vehicle
b) Loan amount depending upon repayment capacity of customer from a, & b whichever is lower.


Eligibility

1) For salaried customer
-Applicant should have permanent job in government, co-operative or in private sector.
-Undertaking regarding deduction of installment from salary is required.
-Total deduction including installment of loan should not be more than 65% of monthly payment.

2) For self employed:
- Applicant should be income tax payee.


Repayment Period

For two wheelers Maximum 3 years
For four wheelers Maximum 5 years


Security

1) Hypothecation of two wheeler / four wheeler to be purchased.
2) Two guarantors


Pre-payment Charges

Nil


Document Required

1) Pro forma invoice / Quotation from dealer.
2) Photographs, identy proof, age proof, photo proof, residence proof of borrower & guarantor.
3) In case of salaried customers salary slip, IT returns with computation of income.
4) In case of self employed profit & loss A/c, balance sheet & IT returns.

Specially for you

KAIJS BANK - Footer
SMS Banking

SMS Banking No. : +91 9225650117
Latest Balance in the Account

Learn more »
Help & Support

Call Center Toll Free -
1800 233 6800

Frequently Asked Questions (FAQ) »
SSL Certificate
Get in touch

Phone: 91 230 2433505 - 508
kaijsbit@ijsbank.com

Online contact form »