#1
July 11th, 2016, 06:47 PM
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Central bank of India Used Car Loan
Hello sir I want to take car loan from Central bank of India and here want to know about its eligibility so can you please give me its details ?
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#2
July 12th, 2016, 10:27 AM
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Re: Central bank of India Used Car Loan
Hey as per your demand here I am giving you details of eligibility criteria of Central bank of India Used Car Loan Eligibility Minimum income required Rs.2,40,000 per annum Interest Rate (Monthly reducing balance) BR + 0.40% ie., 10.10% I-Base – 9.70% Processing Fees 0.50% of loan amount with Amount 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. Documents required Photo ID and age proof Signed application form with photograph Residence proof Last 6 months bank statement Documentation for salaried applicants: Last 3 months salary – slips Form 16 or Income Tax Returns 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 |
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