YA sure buddy I will let you know about car loan details offer by Union Bank Of India so that you can check it easily.

Purpose
Now you can fulfill your dreams of owing a vehicle by availing Union Miles. You can avail this special scheme to purchase of new or old (up to 3 years) four-wheeler, and you can also avail this loan to purchase a new two-wheeler.

Eligibility
Resident Indian citizen and Non-Resident Indians (NRIs) holding valid license.

Minimum age - 18 years and maximum age - 70 years.
Individual, either singly or jointly with other family members viz. father, mother, son, spouse or daughter as co-applicants.

Companies / Firms for purchase of vehicle for usage by their Directors / employees

Loan Amount Maximum quantum of loan
New 4-wheeler Rs. 125 Lakh

Old 4-wheelers (not older than 3 years) Rs. 20 Lakh

New 2-wheeler Rs. 10 Lakh

Margin

15 % of on-road price (Vehicle Cost + Registration Charges + Insurance + Road Tax)

40 % of old vehicle's valuation cost

Security
Hypothecation of vehicle purchased out of Bank's finance

Bank's lien to be noted with the Raod Transport authorities

Guarantee
Guarantee of the spouse is required.

In case borrower is unmarried, 3rd party guarantee of sufficient means

In case of NRIs guarantee of one/two local resident Indian of sufficient means is required

In case of companies guarantee of one promoter/director is required.

Address:-
Union Bank Of India
Union Bank Bhavan, 239, Vidhan Bhavan Marg, Nariman Point, Mumbai - 400 021, Maharashtra, India

Phone:-
022-22892000