Welcome to Murshidabad District Central Co-operative Bank Ltd.

About Vehicle Loan

To fulfil your dream to become an owner of dwelling house, we have a commitment to extent our hand as far as possible. In this regard we are providing loan for construction of dwelling house or purchase of ready built house/flat etc.

Maximum amount of Loan

On-Road Cost of the vehicle minus margin money subject to maximum of Rs.10,00,000/- Only.

Repayment

Maximum 36 Months for two wheelers and 60 months for others.

Margin Money

25 % margin or own contribution on On-road price of the vehicle.

Eligibility

Any salaried, self-employed or professional Public and Privat companies, Government sector employees including Public Sector is eligible for a personal loan.

The applicant must be a permanent resident of Murshidabad District, or he/she must have a salary account min. of 6 months old in any bank branch of Murshidabad District

Annual income of the applicant must NOT be less than Rs.2,50,000/- Only.

Age group: - l8 to 55 years with valid Driving License.