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Car Loan

: Priority Account Scheme

Quick and easy car loans

Eligibility All Priority customers, with a vintage of 12 months

AND

A minimum Average Quarterly Balance as below:

  • For Cat A and Cat B cars the account must have an AQB of Rs. 1 Lac for last 2 completed quarters.
  • For Cat C cars the account must have an AQB of Rs. 2.5 Lac for last 2 completed quarters.
  • For Cat D cars the account must have an AQB of Rs. 5 Lac for last 2 completed quarters.

Maximum loan amount restricted to 3 times the AQB in the last 2 quarters

Benefits

  • 100% Waiver of Processing Fees
  • Waiver of Income documents & bank statements

All other documentation and terms of the loan will remain the same.

All of the above is subject to terms and conditions.

Click here to apply for Power Drive Loan.
CONTACT US
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SMS - Car - to 5676782
More information
Overview
Eligibility
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Scheme for Priority Customers
Scheme for Salary Customers
Fair Practice Code For Lenders
FAQs
What are the security / collateral to be offered from my end?
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