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pmc bank emi calculator |
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Re: pmc bank emi calculator
Previously, owning an auto or bike was matter of distinction and image of ones way of life. Because of financial improvement and accessibility of assortment of vehicles in the market, it has turned into a lifestyle. It prompts solace of life and helps a man in his calling and work. It expands ones productivity and salary era limit. Understanding this need of the individual, the Bank has planned an advance plan called "Auto Loan Scheme" Reason - To buy a four wheeler Credit Amount - The advance sum takes care of the expense of the vehicle according to receipt, enlistment and one time assess if there should arise an occurrence of new vehicle and understanding worth or market esteem, whichever is lower, in the event of second hand vehicle subsequent to keeping up the recommended edge. Time of Loan New Vehicle - Maximum 5 years Second Hand Vehicle Auto advance Interest Rate - Period for New and Second hand Car/Jeep/Van Upto 3 years 12.00 % p.a. Over 3 years to 5 years 14.00 % p.a. Edge New Car/Jeep/Van - 10% of receipt Value (Purchased from Authorized Dealer) - + RTO one time charges Second Hand Vehicle Make Upto 2 Years Old Over 2 and upto 4 Years BMW and Mercedes 30 % 50 % Maruti and Hyundai 40 % 50 % All Other Make 50 % 50 % Security - Hypothecation of the vehicle to be bought. Ensure - One or two relying upon the extent of credit office As on 21st April 2017 there has been no information available for the EMI calculator for th loan offered by PMC Bank. |
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