Krishi Vaahan

  • Attractive interest rate
  • Loan available upto 90% of ex-showroom price of vehicle
  • No Collateral for loans upto Rs.25.00 lacs for Farmers.
  • Hassle free documentation
  • Instant approval of loan.
  • Attractive incentive/payout available for vehicle dealers under tie-up arrangement.

TAT

Upto Rs.160000/- Above Rs.160000/-
7 business days 14 business days

* TAT will be counted from the date of receipt of Application (complete in all respects)

Quantum of finance

Type of Borrower New Vehicle Second Hand Vehicle Vehicles run on Non-Conventional Energy
Farmers 2-wheeler- 2 lakh
3-wheeler- 5 lakh
4-wheeler- 25 lakh		 2-wheeler- Nil
3-wheeler- 2 lakh
4-wheeler- 8 lakh		 2-wheeler- 2 lakh
3-wheeler- 5 lakh
4-wheeler- 25 lakh
Individuals, proprietorship firms and cooperatives Transport Vehicles- 25 lakh Transport Vehicles- 15 lakh Transport Vehicles- 25 lakh
Corporate, partnership firms including LLPs, FPO/ FPC and institutions Transport Vehicles- 100 lakh Transport Vehicles- 25 lakh Transport Vehicles- 25 lakh
For more information
Please send SMS-‘VAHAN’ ’ to 7669021290
Give a missed call to 8010968370

For Purchase of
(i) New Vehicles
(ii) Second-hand Vehicles (upto 2 years old)
(iii) Vehicles run on Non-conventional Energy (excluding the vehicles exempted from registration and the tricycles).

For more information
Please send SMS-‘VAHAN’ ’ to 7669021290
Give a missed call to 8010968370

Type of Borrower Criteria
Farmers and Individuals Max. Entry Age- 65 years
Proprietorship firms ,Corporate, partnership firms including LLPs, institutions, co-operatives 2 years of existence
FPO/FPC 1 year of existence

Before applying you must have

  • KYC documents(identity proof and address proof)
  • Agri land holding documents for farmers, ITR/income certificate of last three year for non farmers.
  • Quotation of vehicle proposed to be purchased.
For more information
Please send SMS-‘VAHAN’ ’ to 7669021290
Give a missed call to 8010968370

Rate of Interest

Loan amount Rate of Interest
Loan upto Rs.10.00 lacs 1-Y MCLR+0.80%
Loan above Rs.10.00 lacs 1-Y MCLR+1.30%
For more information
Please send SMS-‘VAHAN’ ’ to 7669021290
Give a missed call to 8010968370

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KRISHI-VAAHAN