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PSB Apna Vahan


For purchase of  Two & Four Wheelers


Individuals as well as business concerns(corporate and  non-corporate)


Minimum :  18 Years

Maximum : Subject to adjustment of loan for individuals/ prop before the age of


Service class non pension –  60 years

Service class with pension – 70 years

Others                                -  70 years


*Age above 70 years can be considered by way of younger co-borrower with adequate repayment capacity.

Quantum of Finance

Need based.


All Customers -- 10% 

Govt/PSU Employee  - 5%

Govt/PSU Employee Where Salary A/c with our Bank -- NIL

Rate of Interest

Please click here For rate of interest

Processing fee

(one Time)

Please click here For Processing fee


Documentation charges

Actual Stamp/Revenue expenses only


Hypothecation of vehicle. RC/ comprehensive insurance policy with bank clause incorporated therein.


For new four wheeler vehicles : Maximum 84 months.

For new two wheeler vehicles : Maximum 36 months.

For old vehicles : Maximum 60 months subject to age of vehicle (total period of Repayment plus age of vehicle not to exceed 84 months). The overall age of the vehicle & the repayment period together should not exceed 7 years.


No foreclosure charges/prepayment penalties for individual borrowers (including sole proprietorships). In case of loan takeover of corporate borrowers , prepayment charge @ 1% on outstanding balance


  • As per Bank’s discretion on case to case basis.

Click Here to view Complete Checklist  

Click Here to Apply for Retail Loan  


“Compare and Shop is a Service provided by Cheggout Services Pvt Ltd for Punjab and Sind Bank customer(s). Punjab & Sind Bank is providing this as a value added service. Punjab and Sind Bank does not guarantee or warranty or make any representation about the usefulness, worthiness and/or character of the product/service and/or discount or benefit.”