Khattri CO-OP. (U) Bank LTD.

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

Minimum Margin	10% of the ex-showroom price for purchase of Vehicle / car for personal use. 15% of the ex-showroom price in respect of commercial vehicle (Van, Taxi, Tempo, truck, buses etc.)
Repayment period:-
For Salaried persons:	Max. 72 equal monthly instalments
For Others:	Max. 60 equal monthly instalments

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.
Maximum Limit of finance against Industrial Shares / Units of Mutual Funds shall be Rs.10.00 Lakh only (Rupees Ten Lakh Only).

The Khattri Co-operative Urban Bank LTD.