GUCB

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Purpose

For purchase of 4 wheeler for private use only.

Eligibility

Salaried Employees/Businessmen having regular source of income.

Security

Hypothecation of Vehicle

Margin

Minimum of 10%

Rates Of Intrest

Period of Repayment	Rate of Interest
Upto 3 years	8.35% p.a at monthly rest
>3 yrs to 5 yrs	8.75% p.a at monthly rest
>5 yrs to 7 yrs	9.25% p.a at monthly rest
Repayment within 7 years of the vehicle	10.50% p.a at monthly rest

The new rate shall be applicable to all fresh loans availed from 16.02.2022 for purchase of a new car.

For further details about the scheme you may visit any of the Branches or call Branch Manager.