1. For purchase of new two-wheeler / motorcar of any make for private use or professional or business use.
2. For purchase of second hand / used two-wheeler / motorcar of not more than 5 years old.

1. Salaried persons satisfying the following conditions
   1. Individual aged between 21 years and 60 years
   2. He / She is a permanent employee of :
      1. State / Central Government, the Defence / Police force or Autonomous Body.
      2. A public sector / joint sector undertaking or a Corporation.
      3. Reputed Public Limited Company.
      4. An established education institution / aided college / school.
      5. Any private establishment
         
   3. He / She has a minimum service, so as to ensure that the entire liability is liquidated at least one year prior to his / her retirement.
   4. He / She should have sufficient net take home salary to service the present the loan applied for.  
      
2. Corporate Clients & Partnership Firms

1. Loan up to 80% of the cost / invoice value of the vehicle including accessories and registration expenses can be approved in case of new vehicles.