Federal Bank

26 Mar 2007

1

Purpose:
Render financial assistance for acquiring brand new and second hand vehicles for private use.

Quantum of finance:
Minimum amount Rs 50,000
Maximum Rs10,00,000
70 per cent finance to second-hand vehicles.

Period of loan:
Maximum period of 61 months for new vehicles.
Maximum period of 37 months for second-hand vehicles .

Security:
Collateral Security is 50 per cent of the loan amount.

Interest
New Vehicles13.50 per cent
Used Vehicles16.00 per cent

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more