E-Rickshaw Loan

E-Rickshaw Loan

Beneficiery

Any men/ women Beneficieries member of the PACS.

Age

Not more than 55 yrs on the date of advancement

Purpose

For carrying passengers or goods on hire

Loan Limit

85% of on road price or Rs100000/-, which ever is less

Rate of interest

10.50% half yearly

Margin

Minimum 15%

Repayment

36 months

Processing Fee

0.50%
Min Rs500/-
Max 5000/-

Penal Rate

2%

Gurantor

One

Collateral Security

NIL