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10:03:54:AM, Monday,02-October-2023

The Gurdaspur Central Cooperative Bank Ltd.        First, Third and Fifth saturday of every month will be full working day i.e from 10 AM to 5 PM        IFS CODE: UTIB0SGDS01        Bank has become live on E-Commerce and PoS transactions.        

Vehicle Loans > Vehicle for business and personal use


Area of Operation -  Loan shall be advanced in the area operation in the Gurdaspur district. 


Individual, Firm, HUF, Trust, Coop. Societies or a Company


For the purchase of new vehicle for business and personal use.

Loan Limit

Maximum amount up-to RS. 12.00 Lakh or 80% of cost of vehicle.

Rate of Intt.

upto 5Lac-5% and Above Lac-11.50%

Repayment Period

Maximum 5 years.

Collateral Security

Two Good Securities as per satisfaction of the bank besides the hypothecation of the vehicle.