Punjab and Sind Bank Auto Loan is an offer that gives account to individuals to purchasing a vehicle. This advance helps a man to pay for the vehicle in portions as opposed to paying it without a moment's delay. Also, it offers adaptability to pick any vehicle of any brand and model.

Elements and Benefits of a Punjab and Sind Bank Car Loan from:-

LTV of up to 90% of the ex-showroom cost of auto

We offer greatly brisk administration

Least advance sum is Rs 1 lakh

Most extreme advance sum is up to 90% of the ex-showroom cost of the auto

Reimbursement period ranges from 1 to 5 years

Advances are affirmed inside 24 hours after the documentation procedure

Salaried Individuals

Qualification Criteria for Car Loan

Least time of Applicant: 21 years.

Most extreme time of Applicant at advance development: 58 years.

Least business: 1 year in current livelihood and least 2 years of job.

Least Annual Income: Rs 100000 net yearly pay.

Phone: Must at living arrangement.

Self – Employed

Qualification Criteria for Car Loan

Least period of Applicant: 21 years

Greatest period of Applicant at credit development: 65 years

Least vocation: At minimum 3 years in business

Least Annual Income: Net benefit Rs. 60000 p.a for standard autos and Rs.100000 p.a. for average sized and premium autos

Phone: Must at living arrangement

Organization Firms

Qualification Criteria for Car Loan

Least Income: Net benefit Rs. 60000 p.a for standard autos and Rs.100000 p.a. for average sized and premium autos.

Least turnover: Turnover Rs. 4.5 lakh.

Phone: One telephone at any rate at business and at living arrangement of the credit executing accomplice.

Private Limited Company

Qualification Criteria for Car Loan

Least Income: Net benefit Rs. 60000 p.a for standard autos and Rs.100000 p a for average sized and premium autos

Least turnover: Turnover Rs 4.5 lakh

Phone: One telephone at any rate at business premises

Public Limited Company

Qualification Criteria for Car Loan

Least Income: Net benefit Rs. 60000 p.a for standard autos and Rs.100000 p.a for moderate sized and premium autos

Least turnover: Turnover Rs 4.5 lakh

Phone: One telephone at any rate at business premises

Punjab and Sind Bank Car Loan Interest Rates and Charges:-

New Vehicles

BR (10.25%)+ 0.75% = 11.00%

Old Vehicles

BR (10.25%)+ 3.00% = 13.25%

Fees and Charges of Car Loan

Type Of Loan
Time Period from the 1st EMI
Foreclosure charges

New Car Loan
within 1 year
4 % of POS
within 13-24 months

3% of POS
post 24 months
Zero ForEclosure