Transport Loan

This loan is given to individuals or business entities wishing to purchase a vehicle from an authorized dealer.

This sector comprises loans provided for the purpose of purchasing vehicles for commercial and personal use bearing the registration certificate.

QUANTUM

FLOATING RATE

Transport Loan: 9.50%

TENURE

Eligibility

Documents Required

  • Possess a valid Bhutanese citizenship card
  • Must be at least 18 years of age
  • Must not be declared bankrupt under the Bankruptcy Act of Bhutan
  • Must have a good past repayment record
  • Two recent passport-size photographs
  • Copy of Citizenship Identity Card (CID)
  • NOC copy
  • Proof of source of income
  • Copy of invoice/quotation for the vehicle from an authorized dealer

 

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