|Bank of India
|Purchase of commercial vehicles/Earthmoving equipment/excavators for commercial and / or Captive use.
|Limits upto Rs100 lacs as per Scoring sheet 20 marks, above Rs 100 lacs appropriate rating model
|Rate of Interest & Repayment
|Repayment: 5 to 7 years including moratorium 3 months. Repayment holiday 3 months during monsoon may be considered.
|Hypothecation of vehicle.
|Composite /loan Limit