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Eligibility Any Individual / Firm / Transporters. Purpose Purchase of commercial vehicles. Quantum of Loan 50 - 60% of vehicle cost including body-building cost. Rate of Interest a) 13% per annum for Term Loan (Public Transport Services). b) 14% for Working Capital and Light Vehicle (Taxi & Private). Repayment Period 5 years. Security Hypothecation of Vehicles. Documents Required Award Letter from RSTA specifying the routes and contract term for public transport services. Project Report. Quotation from suppliers of vehicles. For further information, please contact our nearest branch or the Credit Department at Head Office, Phuentsholing.
Eligibility
Any Individual / Firm / Transporters.
Purpose
Purchase of commercial vehicles.
50 - 60% of vehicle cost including body-building cost.
Rate of Interest
a) 13% per annum for Term Loan (Public Transport Services). b) 14% for Working Capital and Light Vehicle (Taxi & Private).
5 years.
Hypothecation of Vehicles.
For further information, please contact our nearest branch or the Credit Department at Head Office, Phuentsholing.