We provide finance
for buying a second hand vehicle. We also extend financial
assistance against an existing, unencumbered free vehicle.
This is generally done to pay the margin when you buy new
vehicles and avail finance from us.
This is however, subject to satisfactory completion of appraisal
formalities. This finance is also selectively extended for
working capital requirements.
The condition and market value of the vehicle are the key
factors in determining the credit approval and the quantum
of finance. We give finance against vehicles that are upto
5 years old and the maximum tenure is 36 months. The finance
quantum is normally upto 60% of the value as assessed by us.
For all other queries please contact us at any of the branches
or mail us.
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