As per your requirement I am here telling you about the rate of Interest on Car Loan scheme offered by Central Bank of India.

Central Bank of India Car Loan:

Interest Rate (Monthly reducing balance)(as on June 2016) :
BR + 0.40% ie., 10.10%
I-Base – 9.70%

Processing Fees :
0.50% of loan amount with
Minimum Rs. 2000/- and Maximum upto Rs 20,000/-

Loan Tenure :
1 year to 7 years

Loan Amount:
Loan Amount:
Margin (minimum):

Up to Rs.20 lakhs
10%

More than Rs.20 lakhs
20%

Any amount - for old vehicles
25%

Car type:
Repayment period (months):

New Car
84

Old car - up to 3 years old
60

Old car - more than 3 years old
48