🏍️ Vehicle Loan Scheme
Planning to buy a vehicle but need funds? We provide the right loan solution for your vehicle purchase through our Vehicle Loan Scheme. Get quick and hassle-free finance for scooters, motorcycles, mopeds, and more.
🎯 Purpose
To assist in the purchase of new scooters, motorcycles, mopeds, and other two-wheelers.
👥 Eligibility
- Salaried individuals with a permanent job and a net monthly income of at least ₹5,000/-
- Professionals such as Doctors, Engineers, C.A.s, Professors, Traders, Businessmen, etc.
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security / Documents Required
- Driving License
- Equitable Mortgage of Property or Fixed Assets
- Vehicle Quotations
- Two Guarantors
- Income Certificate
💳 Repayment
Maximum loan tenure: 3 years.
** Terms & Conditions Apply **
For more information, please contact your nearest branch of Jalore Nagrik Sahakari Bank Ltd.
🚗 Vehicle Loan Scheme (Taxi, Jeep, Car, Mini Bus)
Planning to buy a vehicle for personal or commercial use? We provide the right loan solutions through our Vehicle Loan Scheme to help you purchase taxis, jeeps, cars, mini buses, and more with ease.
🎯 Purpose
To assist in the purchase of new taxis, jeeps, cars, mini buses, and other commercial or personal vehicles.
👥 Eligibility
- Self-employed individuals who are Income Tax Assessees
- Professionals including Doctors, Engineers, C.A.s, Businessmen, Traders, etc.
💰 Loan Amount & Margin
- Loan Amount: 85% of the vehicle cost or 24 months’ income, whichever is lower
- Margin: 15%
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security / Documents Required
- Hypothecation of the vehicle
- Driving License
- Equitable Mortgage of Property (if applicable)
- Vehicle Quotation
- Income Certificate
- Two Guarantors — Bank Members / Income Tax Payers
💳 Repayment
Maximum loan tenure: 5 years.
** Terms & Conditions Apply **
For more information, please contact your nearest branch of Jalore Nagrik Sahakari Bank Ltd.
🚗 Old / Used Vehicle Loan Scheme
Want to buy a vehicle but have limited finances? Take a smart financial decision and purchase a used vehicle through our Old Vehicle Loan Scheme.
🎯 Purpose & Type
- Purpose: Personal or Business (for salaried individuals, businessmen, or persons with minimum income of ₹60,000/- and valid Income Tax Return)
- Eligible Vehicle: Only used 4-wheelers
- Type of Loan: Term Loan on Monthly Repayment basis
👥 Eligibility
- Loan amount up to 50% of the vehicle cost
- Vehicle cost certificate from an authorized surveyor of any nationalized insurance company in India (e.g., National Insurance Company Ltd., New India Insurance Company Ltd., UIT, etc.)
- Vehicle must not be older than 2 years
- Vehicle registration must be in Rajasthan. If purchased outside Rajasthan, it must be re-registered in Rajasthan
- Vehicle owner must hypothecate the vehicle to the bank and register the main purchase document in the registrar office
- Vehicle insurance must be in the name of both owner and bank
- Repayment within 24 monthly installments
- Maximum age of applicant: 60 years
- Loan is given only for vehicles used for private purposes
💰 Loan Amount & Tenure
- Maximum Loan Amount: ₹3,00,000/-
- Loan Tenure: 2 years
📈 Rate of Interest
As applicable from time to time. (Please refer to the Current Rate Chart at your nearest branch.)
🔐 Security / Documents Required
- Two Income Tax Payer Guarantors
- Postdated Cheques
- Main Original Documents of the Vehicle
💳 Repayment
Repayment to be completed within 24 monthly installments.
** Terms & Conditions Apply **
For more information, please contact your nearest branch of Jalore Nagrik Sahakari Bank Ltd.