| 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 |
- 13% per annum for Term Loan (Public Transport Services).
- 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. |
