Updates:
Electric Vehicle Loan
Planning to go green with your next ride? Brahmdevdada Mane Sahakari Bank will help you get a step closer to your dream electric vehicle with minimum effort.
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Repayment Period 5 years as per policy of the bank
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Loan Amount 75 % of Total Price
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Prime Security Vehicle purchased
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RC Book of Hypothecated vehicle should have charge of the bank.
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E.M.I As per period chosen
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Additional security required as per Bank’s prescribed norms.
Electric Vehicle Loan Required Documents
Basic documents required for Electric Vehicle Loan.
- Loan Application
- Latest Income Proof of Applicant
- If Applicant is employee Salary certificate of last three months, Form No. 16/ copy of ITR
- If Applicant is businessman Registration certificate of business, Financial statements, Copy of ITR, Computation of income for last three years
- If applicant is agriculturist 7/12 and 8A extract of agriculture land, declaration of income on INR 100 non judicial stamp paper and supporting bill and account extract of bank account at which the bill submitted is credited.
- PAN Card of Applicant
- Quotation of Vehicle to be purchased
- Sanction Letter of an existing bank/financial institute limit (if any).
- Any other documents as required by the bank at a later stage
- Requirement of other documents will be advised as per necessity of proposal.
Rate of Interest offered
Account Interest Rates Per Annum
Loan Amount
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Rate Of Interest
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