We make loan easyOur Vehicle Loan Plans

TITLE	NORMS
Purpose	Vehicle Purchase
Eligibility	LIC Salaried Employees with 10% of net salary to the Gross Salary
Loan Limit	Rs.1000000/-(Ten lakhs) Maximum
Repayment Period	Repayable in 60/120 EMI
Rate of Interest	A)Vehicle Loan Two Wheelar Upto Rs.2 Lakhs 7.50% (60 installement) B)Vehicle Loan Four Wheelar Upto Rs.10 Lakhs 8.00% (120 installement)
Security	Permanent LIC Employee with 10% of net salary to the Gross Salary
Purpose Proof	Valid Vehicle quotation from Authorized dealers
Documentation	Prescribed Application Form with Attested Copies of Photo ID – Voter ID/DrivLicense/Passport/Aadhar PAN Card