Product Features and Details
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| USED CAR LOAN | EV LOAN | RUPYY VYAPAAR | |
|---|---|---|---|
| Min Loan | ₹ 75,000 | ₹ 45,000 | ₹ 50,000 |
| Max Loan | ₹ 20,00,000 | ₹ 2,00,000 | ₹ 15,00,000 |
| ROI | 13-18% | 18-22% | 24-32% |
| Min Tenure | 12 months | 12 months | NA |
| Max Tenure | 60 months | 48 months | 60 days |
| Max Asset Age(EOT) | 12 years | NA | 14 years |
| Loan Type | Term Loan | Term Loan | Working Capital(revolving) |
| Repayment Mode | NACH | NACH | NEFT |
| Min Customer Age | 18 years | 18 years | 25 years |
| Max Customer Age | 55 years | NA | 65 years |
| Processing Fee | 1.50% | 2% | 1% |
*Above rates mentioned are based on reducing balance and annualised