Two Wheel Vehicles Loans

Purpose
Purchase of new two wheel vehicles.

Eligible Borrowers
Individual /groups

Mode of Repayment
The repayment period under the scheme will be maximum up to 5 years.

Security
Landed security in accordance with the guidelines issued by the RBI/NABARD/RCS

or

Salary Certificate of Government Employee/ Co-operative Bank Employee/ Aided School or College Teachers residing in Kanayannur Taluk. 

Rate of Interest
75% of Two Wheeler (exclude extra fittings)    :  8.00     %