Auto/Car Loan
Features:
- Loan to buy vehicles (Reconditioned/ Brand New) for personal use. Reconditioned vehicles should not be more than 6 years old.
- Registration of the vehicles in the name of FI or jointly with client.
- FI can repossess the vehicle (as per lease agreement) in case of failure of the Lessee to pay the rental regularly.
Customers: Salaried Individuals, Businesspersons, Self Employed Professionals, Fixed income group people.