Godavari Urban Multistate Credit Co.- Op. Society Ltd; Nanded

EMI

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Features of vehicle loan

A Vehicle loan allows someone to borrow money to purchase private vehicle as bike, car, auto, truck as well as commercial vehicles.

Tenure of 5 to 7 years

Fast Loan Processing

ROI 18%

Aspects

Fast Loan Processing.
loan limit is 70% to 80% of vehicle quotation.
Maximum loan tenure of 5 to 7 years is allotted.
Pre-Payment Penalty : 2% Penalty charges.

ROI & Handling Charges

Rate of Interest is 18%.
Handling Charges : Half Yearly & Yearly.
Processing fees : 2.5%
Margin Amount : 20% to 30% of loan amount.

Eligibility

Salaried Individual, having a regular monthly income of Rs.10,000+
Businessmen
Self - employed
Professionals having regular source of income
Age : 18 to 55 years

Documentation & Security

In case of new customer, applicant & guarantors need to open savings / current account.
Duly filled form with :
- Income Proof of Applicant & Guarantors
- Residential Proof of Applicant & Guarantors
- PAN Card of Applicant & Guarantors
- KYC of Applicant & Guarantors
Employer (salary slip of 3 months) and income verification
Vehicle quotation
Two Acceptable Guarantors.

Share Holdings

Regular Membership fees is Rs. 10 & Share amount @ 10% of loan amount.
Guarantors : Nominal membership.

Need Help?

We are just a Call away to discuss your Solution

+91 777 5005 777

GODAVARI URBAN MULTISTATE CREDIT CO-OPERATIVE SOCIETY LTD, NANDED is an autonomous association of people united voluntarily to meet their Mutually Social, Economical, Cultural, Professional and Personal Aspirations.