There is NO prepayment penalty if loan adjusted from own verifiable source.Please click here to know our latest interest rates.No moratorium permitted under the scheme.Old 4-wheelers (not older than 3 years) - Rs.20 Lakh.Companies / Firms for purchase of vehicle for usage by their Directors/employees.Individual, either singly or jointly with family members.Minimum age - 18 years and maximum age - 75 years.Resident Indian citizen and Non-Resident Indians (NRIs).purchase of vehicle for usage by their Directors / employees. Loan can also be availed by Companies / Firms for professional use i.e.Purchase of Old 4-Wheeler, not older than 3 years.Loan can be availed by individuals for personal use:
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