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Long Term Credit
Purchase of 2, 3, 4 Wheelers
FeaturesForms & DocumentsFAQs
 
SCHEME FOR FINANCING PURCHASE OF TWO, THREE & FOUR WHEELERS
 
We provide loans to agriculturists in order to purchase two/three/four wheelers/trucks/jeeps/pick-up vans etc.
 
Eligibility:-
 
  • The applicant should be an agriculturist having sizeable land.
  • Agriculturists having scattered land holding/land in two or more villages in more than one piece/farm situated far away from residence.
  • Agriculturists following intensive and multiple cropping systems.
  • Agriculturists adopting heterogeneous activities, mixed farming practices such as dairy, poultry, fisheries, sericulture, bee keeping, vegetable farm, horticulture, plantation or other such activities with seasonal crops.
  • Agriculturists staying far away from agriculture produce markets/other markets.
  • The applicant should be from service area village/within operational area of branch.
 
Quantum of loan:-
 
75% OF THE COST OF THE VEHICLE.
 
Margin:-
 
25% of the cost of the vehicle, excluding insurance charges and registration charges, etc.
 
Rate of Interest And Processing charges:-
 
Please click here to know our latest interest rates
 
Repayment Period:-
 
3-5 years on half yearly/quarterly/monthly installments coinciding with the surplus available with the farmer due to harvesting/marketing of agriculture produce or otherwise.
I Anup Kumar Das, Son of Late Jiban Krishna Das, residing at Vill.- Paschim Nandabhanga, P.O.- Bakhrahat, P.S.- Bishnupur, Dist.- South 24-Parganas, West Bengal
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