I want buy a car and I am taking loan for the car so please can you give me the interest rates of Central Bank of India for the car loan and tell me that if I am taking loan for the 4 year and loan is 4 lakh then what is the EMI of Central Bank of India?

Central Bank of India, a government-owned bank, is one of the oldest and largest commercial banks in India.

Central Bank of India Car Loan Interest Rate details:

Interest Rate 8.90%
Processing Fees 0.50% of loan amount with
Minimum Rs. 2000/- and Maximum upto Rs 20,000/-
Loan Tenure 1 year to 7 years
Guarantor Requirement Hypothecation of vehicle purchased, No Guarantor Required.

List of Documentation needed to apply for an Central Bank of India Car Loan

1. Photo ID and age proof
2. Signed application form with photograph
3. Residence proof
4. Last 6 months bank statement
5. Documentation for salaried applicants:
Last 3 months salary – slips
Form 16 or Income Tax Returns
6. Documentation for self-employed applicants:

Last 3 years Income Tax Returns with computation of Income
Last 3 years CA Certified / Audited Balance Sheet and Profit & Loss Account

Contact:

Corporate Office:
Central Bank of India
Chander Mukhi, Nariman Point
Mumbai – 400 021
Tel.: 022 – 6638 7777

Call Center Toll Free No ( 24 hours ) .-1800 200 1911