Co-operative Bank

The Cooperative Bank, Kapurthala

E-Rickshaw

E-Rickshaw
 

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
area of operation Loan shall be advanced in the area operation in the kapurthala district.

 

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