Demand loan/Term Loan for following purpose:
To purchase new commercial vehicle (Commercial Car / Mini Bus/ Tempo/ 3 Wheeler (including battery rickshaw)/Bus / Truck etc.
All business units i.e. Individuals, Proprietorship, Partnership concerns (including LLP), Limited Companies, engaged in transportation business. The applicant (key person/proprietor/ partners/promoters) should be local resident. The applicant should have satisfactory Banking relationship of minimum 6 months
Minimum 25%
Repayment Schedule Loans up to 25 Lac: Loan period of 5 years. Loans above 25 Lac up to 75 Lac: Loan period of 7 years
Age of individuals : Minimum: 18 years. Maximum: 70 years at the time of maturity of proposed loan tenure
Maximum Loan amount is Rs 75.00 Lakh per borrower.
For loans up to Rs.10 lakh: No collateral is required
The Nainital Bank Limited,Head Office, Seven Oaks Building, Mallital, Nainital Uttarakhand - 263001
For ATM/Other Unauthorised /fraudulent transactions related grievance: 1800 180 4031 (24*7 Support)For Queries/Suggestions/Feedback/ Grievance other than ATM (10 AM to 6 PM ) 8069840140 (Please add prefix 0 or +91 before dialling) (This facility is not available on 2nd & 4th Saturdays, all Sundays and Bank Holidays)
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