| 2nd November 2015 05:08 PM | |
| Kiran Chandar | Re: LVB Bank Personal Loan Here I am providing interest rates of Personal Vehicle Loan of Lakshmi Vilas Bank Ltd. For your reference: Base Rate of Bank is 10.95 % p.a with effect from 01.07.2015 Eligibility Criteria Salaried persons who are permanent employees of State / Central Government, Public Sector Undertakings / Corporations, Private Sector Companies of repute, Reputed Establishments or Professionals & Self-employed persons, Businessmen & Agriculturists For Salaried persons annual income (by way of salary & other income) should be at least Rs.1,20,000/- and net monthly income should be at least twice the monthly installments fixed for the loan (i.e. EMI) – For four wheelers For others annual income of at least Rs.1,20,000/- - For four wheelers Minimum net monthly income of Rs.5,000/- for all types of borrowers with necessary proof – For two wheelers Maximum age of the borrower under all category should not exceed 65 years as on the date of maturity of loan PERIOD OF REPAYMENT 72 months for New Car / Van / Jeep 60 months for New Two Wheeler 36 months for used four wheeler Interest Rate for Lakshmi Personal Vehicle Loans Loans for purchase of New Cars / Vans & Jeeps: BR+0.50% (PER: 11.45 % p.a.) Loans for purchase of new Two-wheelers: BR+3.00% (PER : 13.95 % p.a.) Loans for purchase of used Cars / Vans / Jeeps: BR+3.00% (PER: 13.95 % p.a.) |
| 2nd November 2015 02:52 PM | |
| Unregistered | LVB Bank Personal Loan My father wants to apply for Personal Vehicle Loan at Lakshmi Vilas Bank Ltd. So can any one provide information about interest rate for Personal Vehicle Loan? |
