Krishi Vaahan

BOI

Attractive interest rate
Loan available upto 90% of ex-showroom price of vehicle
No Collateral for loans upto Rs.25.00 lacs for Farmers.
Hassle free documentation
Instant approval of loan.
Attractive incentive/payout available for vehicle dealers under tie-up arrangement.

TAT

Upto Rs.160000/-	Above Rs.160000/-
7 business days	14 business days

* TAT will be counted from the date of receipt of Application (complete in all respects)

Quantum of finance

Type of Borrower	New Vehicle	Second Hand Vehicle	Vehicles run on Non-Conventional Energy
Farmers	2-wheeler- 2 lakh 3-wheeler- 5 lakh 4-wheeler- 25 lakh	2-wheeler- Nil 3-wheeler- 2 lakh 4-wheeler- 8 lakh	2-wheeler- 2 lakh 3-wheeler- 5 lakh 4-wheeler- 25 lakh
Individuals, proprietorship firms and cooperatives	Transport Vehicles- 25 lakh	Transport Vehicles- 15 lakh	Transport Vehicles- 25 lakh
Corporate, partnership firms including LLPs, FPO/ FPC and institutions	Transport Vehicles- 100 lakh	Transport Vehicles- 25 lakh	Transport Vehicles- 25 lakh

For more information

Please send SMS-‘VAHAN’ ’ to 7669021290

Give a missed call to 8010968370

BOI

For Purchase of
(i) New Vehicles
(ii) Second-hand Vehicles (upto 2 years old)
(iii) Vehicles run on Non-conventional Energy (excluding the vehicles exempted from registration and the tricycles).

For more information

Please send SMS-‘VAHAN’ ’ to 7669021290

Give a missed call to 8010968370

BOI

Type of Borrower	Criteria
Farmers and Individuals	Max. Entry Age- 65 years
Proprietorship firms ,Corporate, partnership firms including LLPs, institutions, co-operatives	2 years of existence
FPO/FPC	1 year of existence

Before applying you must have

KYC documents(identity proof and address proof)
Agri land holding documents for farmers, ITR/income certificate of last three year for non farmers.
Quotation of vehicle proposed to be purchased.