Eligibility :
- Woman should be the sole borrower or first named borrower
Rate of Interest:
- ROI will be (REPO+3%) i.e. 7% (presently Repo Rate is 4% )
Validity of Scheme: Scheme is valid only for proposals sanctioned up to 31st Jan.2022 and disbursed up to 31.03.2022.
Minimum CIC Score :
| Salaried | Non-salaried |
| CIBIL/CRIF: 725 or Above Experian: 750 or Above |
CIBIL/CRIF: 750 or Above Experian: 775 or Above |
Borrowers with NIL / insufficient credit history will also be considered.
All other Terms and Conditions for Cent Vehicle Loan Scheme will be applicable.
Processing Charges of Vehicle Loan is waived up to 31.12.2021 UNDER “RETAIL FESTIVE BONANZA-2021”