AGARTALA, July 16 (TIWN): Aiming to help the potential car buyers in getting loans, with low down payment, an automobile manufacturer of India entered into a preferred financier tie-up agreement for car loans on Wednesday with Tripura Gramin Bank (TGB) at Hotel Rajdhani.

On behalf of both the organizations, Chairman of Tripura Gramin Bank Upendra Sabar and Regional Manager of North East Maruti Suzuki Anindya Datta signed a Memorandum of Understanding on Wednesday.

Mentioning the eligibility of the person who will be taking loan, the dignitaries said that for salaried person’s minimum take home salary will be of Rs. 15, 000 per month and at least 2 years in service and for the professional and self employed persons, they should have sufficient net surplus facilitate repayment towards loan EMI.

As per additional security, for the salaried persons who are drawing their salary from TGB should have personal guarantee of two persons who are drawing their salary from TGB. For the other salaried persons, who are drawing their salaries from other banks, Professionals and Self-employed persons, personal guarantee of two persons preferably drawing their salaries from TGB and having net worth to cover the loan amount is required.

The maximum tenure of the repayment will be of 84 months.

With this tie up, TGB who has 142 numbers of branches present across Tripura has entered in to the passenger car finance in Tripura. This will help the Maruti Customers in getting car loan with low down payment from almost every nooks and corners of Tripura.

In this programme, Senior Manager of Institutional Sales of Corporate office New Delhi Dipak Sarkar, Manager-Finance of Zonal Office of Kolkata Tushar Agarwal, Manager Sales of Regional Office Guwahati Arindam Roy and CEO of Jain Udyog Ramesh Kumar Jain and others were present.