EBL 23 years of Banking

US DOLLAR 1 Buying 117.80 Selling 118.40

GB POUND 1 Buying 154.10 Selling 156.05

SWISS FRANC 1 Buying 118.31 Selling 119.50

AUSTRALIAN DOLLAR 1 Buying 84.51 Selling 85.37

CANADIAN DOLLAR 1 Buying 89.99 Selling 90.90

SINGAPORE DOLLAR 1 Buying 85.02 Selling 85.88

HONGKONG DOLLAR 1 Buying 14.96 Selling 15.11

JAPANESE YEN 10 Buying 10.47 Selling 10.66

EURO 1 Buying 135.22 Selling 136.59

CHINESE RENMINBI 1 Buying 16.95 Selling 17.12

THAI BHAT 1 Buying 3.58 Selling 3.62

KOREAN WON 10 Buying 1.02 Selling 1.04

SAUDI RIYAL 1 Buying 31.26 Selling 31.57

QATARI RIYAL 1 Buying 32.20 Selling 32.53

As per 2018-10-15 | 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.