What is the procedure in case I wish to foreclose my account?
Under the finance agreement, foreclosure is not contemplated. However, upon your specific request, we may advise the settlement amount to you and on remittance of the same, the necessary termination papers would be issued post loan closure.
Will you always require a guarantee?
Not always.
Do you need any collateral security to avail loan on utility vehicles?
No, collateral security is not required.
Will you give me a copy of the agreement duly filled in for my records?
Yes, a copy of the agreement will be provided to the applicant post loan disbursement.
 How much time does loan sanctioning take?
Normally, the approval is given in few working days subject to the submission of the required documents. To check the documents required, click here.
What is the maximum repayment time for a loan?
The loan is available for a maximum period of 5 years.
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