BRKGB Apna Vahan Rin Yojna
- Upto 85% Financing
- Attractive Interest rate
- Quick Processing
- Speedy fund disbursal
- Consumption requirements of farmer household
- For purchase of new passenger Cars, Multi Utility Vehicles (MUVs),SUVs etc. for private use
- Salaried employees having net income not less than Rs.10000 and completed minimum 2 year service, worked as confirmed employee.
- Businessmen, professionals
- Directors of private and public limited companies, proprietor of proprietorship firms, partners of partnership firms.
- Corporates (partnership, private limited, public limited and trust) having tangible net worth not less than 10 times of loan amount.
Eligibility based on Repayment Capacity
For Salaried - Total deductions including proposed EMI should not exceed 60% of gross monthly income.
Others - Total deductions including proposed EMI should not exceed 60% of monthly income (calculated based on last year annual income)
Interest Rate & Charges
As per ROI Circular
Most Important Terms & Conditions
Type of facility
- Max. Rs. 20.00 Lac
- For salaried – Max. 24 times of GMI.
- For self-employed, Businessmen, Director, Proprietor, Partners – Max. 4 times of average Annual income ( last 3 years)
- For Corporates- Total deductions including proposed EMI should not exceed 60% of monthly income (calculated based on last year annual income)
- Loan Upto Rs. 10.00 Lac - 15% of Ex-showroom price+ Registration Tax+ Insurance
- Loan Above Rs. 10 Lac to Rs. 20.00 Lac - 20% (Ex-showroom price+ Registration Tax+ Insurance)
Max. 84 Monthly Instalments
Credit Information Report
Bank is authorized to make enquiries from any of the Credit Information Bureau and get the Credit Information Reports. Bank is also authorized to disclose from time to time any information relating to the loan to Credit Bureaus approved by Govt. of India or Reserve Bank of India without any notice to the borrower.