#1
January 20th, 2018, 11:30 AM
| |||
| |||
Central Bank Of India Vehicle Loan Interest Rates
I wantr to apply for Vehicle Loan in Central Bank Of India so can you please tell me the Interest Rates on Loan?
|
#2
January 20th, 2018, 11:31 AM
| |||
| |||
Re: Central Bank Of India Vehicle Loan Interest Rates
The Central Bank Of India offer Cent Vehicle for Purchase of two wheeler.(New only) / four Wheeler ( New/ old car) for Personal use. (i.e. not for hiring/ferrying passengers) Cent Vehicle Rate Of Interest: Type Floating Fixed Rate ( Repayment within 36 months) 2 Wheelers MCLR + 0.40% MCLR + 0.40% 4 Wheelers New MCLR + 0.40% MCLR + 0.40% 4 Wheelers Old MCLR + 1.50% MCLR + 1.50% Cent Vehicle Eligibility All individuals of age 18 years and above and maximum upto the age of 65 Permanent salaried employees/ Self-Employed Persons / Independent Entrepreneurs who have regular source of income Farmers irrespective of land holding engaged in production oriented agricultural activities and in other allied activities. Non-resident Indians Companies / Proprietorships, Partnership Firm /Societies/etc. and Minimum Income Criteria (Gross Annual Income) 4 Wheeler (New/ Old) 2 Wheeler Salaried/ Non-Salaried Rs. 2, 40, 000 Rs. 1, 20, 000 Quantum of Finance Two Wheeler - Rs. 10.00 lakh. New Four Wheeler- Rs.75.00 lakhs Old/Second Four Wheeler Vehicle - Rs.10.00 lakh Loan shall be sanctioned on Road Price (Cost Of vehicle + Registration Charges+ Insurance + Road Tax). Any additional cost for fancy numbers shall not be financed by Bank. Margin Loan Amount Upto Rs.20 lakh - Minimum 10% Loan Amount More than Rs.20 lakh - Minimum 20% Old Vehicle (Any Loan amount)- Minimum 25% 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 22 1911 |
|