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PSB Apna Vahan

Sl.No PARAMETERS PARTICULARS
1. Eligibility Individuals both existing to Bank (ETB) & New to Bank (NTB) customers are eligible under scheme.
2. Purpose Purchase of New Four Wheeler
Purchase of New Two Wheeler Vehicle
3. Loan Amount
Type Minimum Maximum
New Two Wheeler 50,000 5,00,000
New Four Wheeler 3,00,000 50,00,000
4. Age Min – 18 Years
Max – Subject to adjustment of loan before the age of 70 Years
5. Repayment • Max. 84 Months for New Four Wheeler
• Max. 36 Months for New Two Wheeler
6. Margin Applicable margin on road price inclusive of one time road Tax, Registration & insurance will be 10%
7. Primary Security Hypothecation of Vehicle.
8. Rate of Interest Click Here
Further, any changes in Markup/CRP/BSP/Concessions shall be applicable as circulated by HO RMD Department from time to time.
9. Processing Charges 0.25% on the loan amount, subject to minimum of Rs. 1000/- and maximum of Rs. 15000/-
10. How to Apply https://digiloans.punjabandsind.bank.in/psb/vehicleloan

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