Uttarakhand Gramin Bank Co

Hii sir, I Wants to get the Information About the Auto Loan of the Uttarakhand Gramin Bank ?

[pawan]

Uttarakhand Gramin Bank is a regional rural bank in India.It is sponsored by State Bank of India established under RRB Act 1976 came into existence on 1st Nov 2012

The Information About the Auto Loan of the Uttarakhand Gramin Bank is given below

Purpose ;
Fulfill your dreams of owning a vehicle by UGB's Auto Loan scheme. Avail the facility to purchase new or old Personal Car and Two Wheeler.

Eligibility Criteria

Indian citizen aged between 21 yr to 65 years.
Regular employee of state govt./central govt./public sector undertaking/private sector or reputed establishment, who completed one year service.
Professional or self-employed customer having ITR of minimum 2 years.
Any person engaged in Agricultural and Agriculture Allied Activities.
Salaried Personals of multi-national companies.

For Salaried Employee
Net annual income after all deductions, should be 2,50,000/-.
For Professional and self Employed
Minimum net annual income should be 2,50,000/- by last two years
For Agriculture Borrowers
Minimum net annual income should be 2,50,000/- by last two years.

Rate of Interest-10.75% (May vary time to time as per bank guidelines)

Processing Fees

Processing fee will be recovered on the loan amount upfront as 0.50% of the loan amount subject to minimum of Rs. 1,000/- and maximum of Rs. 10,000/-.
Repayment-Repayment period is 3-7 years.

For more Information you may Visit the Nearest branch of the Uttarakhand Gramin Bank