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V COMBO LOAN SCHEME



Features:

Vijaya combo loan provides Car loan at concessional Rate of interest to Housing loan borrowers

Eligibility:



Housing loan borrowers with sanctioned limit of Rs.10.00 lakhs and above are eligible.

Only brand new four wheelers are financed.
Rate of Interest: Click Here for Rate of Interest
Processing Charges:

For loans Upto & inclusive of Rs.1 lakh- Rs.500.

For loans above Rs.1.00 lakhs:0.25%+GST with a minimum of Rs.1,500+GST and a maximum of Rs.10,000+GST.

Inspection Charges:

For loans up to Rs.1.00 lakhs -- Rs.500+GST  

Rs.1000/-+GST for loans above Rs. 1.00 lakh to Rs. 10.00 lakh and Rs.2000/-+GST for loans above Rs.10 Lakh

Quantum of loan:
Housing loan borrowers are eligible for loan to the extent of 100% of the cost of vehicle.

Repayment Period:
The repayment period of vehicle loan should be less than or equal to left over repayment period of housing loan subject to maximum repayment period of 84 months.





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