🚗 At Sri Sudha Co-operative Bank Ltd., we make your dream of owning a vehicle a reality with our convenient and affordable Vehicle Loan Scheme. Whether you wish to buy a new car, two-wheeler, or commercial vehicle, we offer attractive rates, flexible repayment options, and quick processing to put you on the road faster.
Key Features & Benefits:
â–º Attractive Interest Rates – Competitive rates to make your purchase affordable.
â–º Easy Repayment Options – Flexible EMI plans to suit your income and budget.
â–º Quick Processing & Minimal Documentation – Fast approvals with simple paperwork.
â–º Loan for All Vehicle Types – Available for new and used cars, two-wheelers, and commercial vehicles.
â–º High Loan Amount – Get up to 85–90% of the vehicle’s on-road price (subject to eligibility).
Eligibility:
â–º Individuals, salaried employees, self-employed professionals, and business owners.
â–º Must maintain a satisfactory account relationship with the bank.
Documents Required:
â–º Duly filled loan application form.
â–º Identity & address proof (Aadhaar, PAN, etc.).
â–º Income proof (salary slips, ITR, etc.).
â–º Quotation or proforma invoice of the vehicle.
â–º Bank statement (last 6 months).
Repayment Period:
â–º Up to 7 years for new vehicles.
â–º Up to 5 years for used vehicles.
