Bhutan Insurance Limited Your Insurer
Of Choice
Providing Security, Building Confidence
Loan processing fees: Nu.200/- per application
| a. Non - Commercial Vehicle Loan | ||
| Purpose | : |
1. For Government/Private employees with regular source of income with minimum service period left five years 2. Business man with valid/active trade license holder having regular income from Business and 3. Any individual/ Company with a regular source of income. |
| Type of Security | : | Vehicle |
| Interest Rate (%) Term Loan | : | 13 % p.a |
| Max. Repayment Period(years) | : | 5 years |
| Financing( Max.) | : | To 30% of the Vehicle cost (Dealers Invoice price) |
| b. Commercial Vehicle Loan | ||
| Purpose | : | Commercial Purpose (Heavy/Medium vehicles/ Misc.Vehices/ Buses) |
| Type of Security | : | Vehicle |
| Interest Rate (%) Term Loan | : | 13 % p.a |
| Max. Repayment Period(years) | : | 5 years |
| Financing( Max.) | : | To 30% of the Vehicle cost (Dealers Invoice price). |
Please note on second hand vehicles within 5 years of age will be finance 30% of depreciated value of the vehicle for both commercial and non-commercial vehicle.
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