The Khattri Co-operative Urban Bank LTD.

Regd. Office – 24, Darya Ganj, New Delhi – 110 002. +91-011-41251490

Email – [email protected], [email protected]

The Khattri Coorperative Urban Bank Limited is registered with DICGC

Vehicle Loan

Vehicle Loan

Bank shall finance all types of “Vehicles”, to Members (both individuals and commercial entities), against hypothecation of the same.

New Vehicle:-

Minimum Margin
  • 15% of the on-road price for purchase of Vehicle / car for personal use.
  • 25% of the on-road price in respect of commercial vehicle (Van, Taxi, Tempo, truck, buses etc.)
Repayment period:-
For Salaried persons:
  • 4 Wheeler - Max. 72 equal monthly instalments
  • 2 Wheeler - Max. 36 equal monthly instalments
For Others:
  • 4 Wheeler - Max. 72 equal monthly instalments
  • Commercial - Max. 60 equal monthly instalments

Old vehicle:

  • No vehicle more than 3 years old shall be eligible for finance.
  • Minimum Margin - 50% of the market value of the vehicle.
  • Repayment period - Max. 36 equal monthly instalments.

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