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
- CGTMSE cover available for loan upto Rs. 2 crore.
- Minimum 15% margin
- Repayment period up to 7 years including moratorium period
- The purpose of this commercial vehicle loan is to provide maximum amount upto Rs 2 crore to purchase commercial vehicle for Small Road Transport Operator