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