Welcome to our Mogaveera Bank

Vehicle Loans

Turn your dream of owning a car into a reality with our best vehicle loans. Whether you want to get/gift a car to your loved ones or dream of driving your own swanky new car, apply for vehicle loan and avail the best car loan in a quick and efficient manner.

Apply for car loan with us and get the right guidance and assistance in availing a loan for a brand new car or a pre-owned car.

Rate of Interest12% p.a with monthly rests.

Margin

New car – 25% of Invoice price + Insurance + Registration.

Old Car – 40% of the valuation.

Tenure

48 EMI – For Old cars

60 EMI – For New cars

Security

Hypothecation of Car/Motorbike/Lic policy

Processing Fees

Rs. 1,000/- + GST.