Vehicle Loan

Sharad Sahakari Bank Ltd., Manchar Offers New Vehicle scheme with attractive interest rate.
- 90% finance No Loan Limit.
- 100% fiance including 100% on road price adding accessories.
- Easy & Quick loan.
- Simple documentation.

Documentation

- Identity, Address proof & income papers of Borrower and both Guarantors.
- Quotation of Authorized Dealer.

Rate Of Interest

Loan Scheme Loan Amount If CIBIL Score is 750 and above Rate of Interest Rate of Interest
Two wheeler loan Below 4 lakh 8.25% 8.75%
Three wheeler and Four wheeler loan Below 20 lakh 8.50% 9.00%
Three wheeler and Four wheeler loan Above 20 lakh
(Collateral required)
9.50% 10.00%
Commercial Vehicle loan ( New/Old) All loan amount (Above 20 lakh Collateral required) 9.50% 10.00%
Machinery loan Movable Machinery (Excavator,Poke lane, Harvester, Rode Roller etc.) Below 25 lakh (Above 5 lakh Collateral required) 10.50% 11.00%
Above 25 lakh (Collateral required) 11.00% 11.50%
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