Dreaming of buying a vehicle for personal/commercial use ?
Bharat Bank helps you fulfil your much awaited desire of owning a vehicle through our vehicle loan schemes. Bank provides loan for new and used cars as well. Additionally our convenient repayment options, easy processing and flexible loan interest rates would help you turn that dream into a reality. Bank also provides loan for purchase of Auto Rickshaw / 3 Wheelers fitted with CNG.
What is the maximum amount I can borrow for a Vehicle loan?
Rs. 3.00 crore is the maximum amount.
In how many years can I repay the loan amount?
Maximum 7 years for all categories of borrowers to repay the loan amount.
What is the purpose of the Vehicle loan?
For purchase of cars, Multi Utility Vehicles (MUVs) and Sport Utility Vehicles (SUVs) for personal Use.
What are the pre closure charges for Vehicle loans?
There are no pre-closure charges for Vehicle Loans.
What is the maximum amount I can borrow for a Vehicle loan?
Rs.1.90 lakh is the maximum amount.
In how many years can I repay the loan amount?
Maximum 60 months to repay the loan amount.
What are the pre closure charges for Vehicle loans?
There is no pre closure of Vehicle loans.
What is the security for BCB Auto plus ?
Hypothecation charge over Brand New Auto rickshaw.
What is the Eligible Loan Amount against brand new Auto rickshaw?
90% of basic cost of vehicle + Meter + Accessories + RTO Tax + Permit Cost (Cost of Insurance shall be borne in by the borrower and shall not be considered while arriving at the eligible loan amount)