Hire Purchase Loan is available for purchase of two wheelers, three wheelers, four wheelers and for Commercial vehicles.

• 5 Photographs of Applicant
• Applicant Must be Member of Regular Member/Nominal Member
• Photo proof –Driving License/Election Card/Passport/Aadhaar Card (Any one)
• copy of PAN Card and Adhar Card
• Address proof – electric bill /telephone bill (any one)
• Applicant’s last two years Income tax Return / Payslip of last 6 months / Form 16
• Latest Tax bill /Certificate from society chairman/Secretary if applicant owned Property.
• Last tax bill / certificate from society chairman/Secretary if applicant owned property
• Personal Loan specially design for Employees of state /central, public sector / reputed educational institutes / hospitals / multinational and other reputed profit making companies, traders, self employed and professionals.
• Applicant has to show all original documents to the bank for verification with xerox copy.

• Bank will give loan up to 85% of quotation
• For old car, applicant has to submit valuation report. Bank will give loan up to 50% of the valuation report.
• Vehicle Loan repayment in 36/48/60 Months with EMI.
• Interest will be debited on monthly basis.
• Applicant has to take insurance of full value of vehicle in favour of bank.

• Applicant have to pay margin amount to the bank.Bank will issue Banker cheque of full amount in the name of dealer.
• Applicant have to submit Xerox copy of invoice, receipt, insurance policy, RTO book showing Bank's lien recorded with RTO.
• Processing charges applicable as per bank rules.
• Applicant can open Savings Account in our Bank.
• Stamp charges applicable as per Govt.of Maharashtra Stamp Dept.