Dharamshala, March 18 -- The Kangra Central Cooperative Bank Ltd. launched its new "E-Vehicle Loan Scheme" on the occasion of its 106th foundation day, offering one of the lowest interest rates in the market.
Launching the scheme on Tuesday at the bank's head office in Dharamshala, Managing Director Zafar Iqbal said the initiative aims to finance the purchase of electric four-wheelers for personal use. He said the scheme carries an attractive interest rate of around 7.5 per cent, making it affordable for a wide range of customers.
The loan facility will be available to government employees, private individuals, professionals, traders, farmers and other eligible borrowers. Under the scheme, government employees can avail loan up to 40 time...