EBL 24 years of Banking

US DOLLAR 1 Buying 114.75 Selling 115.35

GB POUND 1 Buying 144.49 Selling 146.32

SWISS FRANC 1 Buying 114.47 Selling 115.63

AUSTRALIAN DOLLAR 1 Buying 83.12 Selling 83.96

CANADIAN DOLLAR 1 Buying 85.36 Selling 86.22

SINGAPORE DOLLAR 1 Buying 82.96 Selling 83.80

HONGKONG DOLLAR 1 Buying 14.62 Selling 14.76

JAPANESE YEN 10 Buying 10.09 Selling 10.27

EURO 1 Buying 129.11 Selling 130.42

CHINESE RENMINBI 1 Buying 16.54 Selling 16.71

THAI BHAT 1 Buying 3.48 Selling 3.51

KOREAN WON 10 Buying 1.00 Selling 1.02

SAUDI RIYAL 1 Buying 30.45 Selling 30.75

QATARI RIYAL 1 Buying 31.37 Selling 31.69

As per 2018-12-16 | View All

Vehicle Loan

Purpose To purchase car / van / jeep/ Multi Utility Vehicles/ Sports Utility Vehicle
(non-commercial purpose only) for individual and business concerns
Eligibility Gross monthly income (Self employed/Business/Salaried & Other income) of borrower along with that of spouse/other family members should be at least double of monthly installment of the loan
Limit For individuals: 30 times of Net Monthly income or loan amount whichever is lower
For business concerns: Need Based
Margin Natural Person (for personal purpose)- not less than 35% of purchase price of vehicle 
Electric Vehicle (for personal purpose)- not less than 20%
For vehicle: used in providing services like public vehicle (with minimum 40 seats), construction, tourism, education, health and transportation- not less than 25% of purchase
Interest rate Competitive rate
Repayment  up to 7 years (In Equal Monthly Installments)
Security Registration of the vehicle in the name of bank
Acceptable Collateral security
Personal guarantee of person(s) acceptable to the Bank shall be obtained.
Insurance Comprehensive policy with third party insurance as per banks' clause.