Vehicle Loans

We are offering loans for the purpose of purchasing new or second hand motor vehicles covering all types of personal and commercial vehicles for any purpose. Our focus is on catering to small road and water transport operators, small businesses, professionals and self employed persons and service enterprises coming under small and micro enterprises. Repayment of the loan is done in equated installments form. You can opt for post dated cheques / ECS / Standing Instruction / direct cash remittance as a method of re-payment.

Quantum of Loan

New vehicles - up to 80 % of Body & accessories cost (remaining amount as margin)

Second hand motor vehicles – vehicles aged below 5 years only and in good running condition - up to 60% of the present value (certified by competent person)

Adarsh Bank

Steered by the motto of Safety, Profitability and Liquidity, we at Adarsh Cooperative Urban Bank are into our 21st year of operation and have emerged as the one of the foremost and fast growing Banks in the cooperative banking sector of Andhra Pradesh, commanding a good standing and reputation among customers and banking community.