State Bank of Bikaner and Jaipur SBJJ provide car loan to Purchase of new/Old car/Jeep

SBBJ Car Loan

Purpose -

Purchase of new/Old car/Jeep/MUC/SUV ( Old upto 5 years)

Eligibility -

i) Salaried employees & Pensioners:

Minimum Net Annual Income (NAI) of 3 Lac for all, whether or not maintaining Salary Package Account with us.

ii) Self employed, professionals and Proprietary / Partnership Firms:

Minimum Net Profit or Gross taxable income of 4 Lakh as per ITR

iii) Agriculturist:

Minimum Net Annual income of 4 Lac

Loan Amount

30 times of Net Monthly Income or
2.5 times Net Annual Income.
No maximum ceiling for new cars
15 lacs for old vehicles

Margin - 15% on road cost

Repayment -

EMI 36-84 months
Repayment to be completed by the time the borrower reaches 70 year

Security

Hypothecation of vehicle purchased
Hyp. Charge noting with RTO
PDCs for EMI

Processing Fee -

Flat 750/- per car loan
** Rs.500/- per Car Loan upto 31.03.2016

Contact-

State Bank of Bikaner and Jaipur,
Head Office, Tilak Marg,
Jaipur - 302005.
Phone: 0141- 5101540
Fax: 0141 - 2227990
Email-Id : gmhr@sbbj.co.in