KAL VEHICLE LOANS - EMI
Any individual or businessman can avail this loan depending
upon his/her needs. Loan is given for personal use only and not for
Rs. 50,000/- on the
basis of equated monthly installments.
Value of the vehicle shall include
RTO tax, Sales Tax, Octroi, Insurance, HPA but
shall not include cost of additional accessories.
- 20 % of the Invoice value.
of interest (Effective from 25/06/2007)
- Presently the rate of interest is 14%
for 2 wheeler and 12.50% for others.
- Bank can change this rate on a time to
- One installment will have to be paid
in advance / before disbursement of the
- Insurance of the vehicle will have to be
taken in the name of the Bank.
your nearest branch for further