Motorcycle Loan

3.Motorcycle:
It is type of hire purchases loan this loan invest for motorcycle.
Feature:
1.The time period of this loan is 1-2 years.
2.Customer can borrow 60% of quotation amount and collateral must be needed.
3.Customer can pay interest monthly and principal monthly.
4.Service charge of this loan is 2%.
5.Interest rate of this loan is 15 %..