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Purpose / ObjectiveTo enable the small vendors or SHGs in rural / semi-urban / metropolitan areas transporting the agri or allied produces to the market centres / outlets.
Eligibility* Age: 18 to 55years.
* Possesses driving license.
* Should be permanent resident of the village
* Monthly income Rs.2500(Minimum).
Amount of LoanMaximum of Rs.25000 (Road price inclusive of registration, road tax and insurance).
Margin10% of the total on road price.
Interest Rates36 Months and above: BPLR + TP less 1.75%
RepaymentTo be repaid within 36 monthly installments without any holiday period.
SecurityHypothecation Of vehicle purchased.
* BPLR and BASE RATE - Available in Home Page 

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