#1
January 24th, 2017, 11:57 AM
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Vehicle Loan SBBJ
I want to purchase a new Two Wheeler Vehicle. I will purchase by Loan from SBBJ Bank. So tell me what is interest rate given by SBBJ Bank for Two Wheeler Vehicle Loan? Also tell me about repayment duration for loan.
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#2
January 24th, 2017, 12:44 PM
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Re: Vehicle Loan SBBJ
As you are looking to get information about Two Wheeler Vehicle Loan from State Bank of Bikaner and Jaipur, here I am providing complete details related to Two Wheeler Vehicle Loan: Name of the scheme SBBJ Two Wheeler Loan Purpose Purchase of new Two Wheeler Eligibility Permanent employees of Central / State Govt., Quasi Govt., reputed PSUs, profit making public limited companies, reputed institutions and MNC’s corporates enjoying credit facilities from our Bank having credit rating of SBBJ-1 & SBBJ-4 and reputed institutions with minimum of 2 years service drawing salary through account maintained with our bank. Min. NMI of Rs.5000/- or net Min. Annual income Rs.60000/- Loan Amount Min, Rs.10000/-, 12 times of NMI Max. Rs.75000/- Margin 20% Repayment 36 to 60 months Security Hypothecation of vehicle purchased Hyp. Charge noting with RTO PDCs for EMI Processing Fee 1.15% of the loan amount Interest Rate 1 YR MCLR Rate 9.15 % w.e.f. 01.12.2016 Spread Over MCLR Effective Rate (%) as per MCLR 2.05% above MCLR 11.20 |
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