Loan · ऋण
Hire-Purchase / Vehicle
Vehicle and hire purchase loans help member purchase vehicles, machinery and other essential assets through affordable installment payments. These loan support business growth.
Interest
from 10.25%
per annum
Purchase vehicles, machinery and essential assets through affordable instalments — supporting your business and daily life.
Who can apply
- An active member with a share / savings account
- Repayment capacity
- Down payment as per policy
Required documents
- Completed loan application form
- Active membership & share / savings account
- Citizenship certificate copy — applicant (and spouse, if applicable)
- 2 passport-size photos
- Guarantor(s): citizenship copy + photo
- Dealer quotation / proforma invoice
- Down-payment proof
- Income proof
- Vehicle to be registered under cooperative lien (blue book)
- Vehicle insurance
Final document requirements and terms are confirmed by the cooperative office and subject to Loan Sub-committee / Board approval.
Apply / Enquire
Interested in the Hire-Purchase / Vehicle?
Send us a message and an officer will get back to you.