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Mahabank Vehicle Loan Scheme For Small Road Transport Operator

  • For term loan, purchase of commercial vehicles, Loan quantum up to Rs.2.00 Crore
  • Security: Hypothecation of vehicle purchased
  • No collateral security for loans up to Rs.1.00 crore [CGTMSE Cover]
  • Minimum 15% margin
  • Repayment period up to 7 years including moratorium period