To purchase New Taxi/Sumo/Bus and Truck

1. Age: Above 18 Years
2. Constitution: Individual/ Firms/ School/ Pvt. Hospital /Transport comp. /Trust/ Society/ Industrial Unit
3. Permit Assurance Letter from Respective RTO

Maximum of Rs. 40 Lakh or 90% on road price + 5% of the loan amount on every completed year for the next 4 years for payment of insurance premium of Vehicle, Borrower's life insurance premium and maintenance cost of vehicle for standard account whichever is less

Min:: 10% of On Road Price

As prescribed by the Bank, interest will be applied on monthly compounding basis