As per your concern I will let you know about Car loan scheme of State Bank of Bikaner & Jaipur so that you can remember easily.

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.

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

Margin
15% on road cost

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

Processing fees
Flat 750/- per car loan

Rs.500/- per Car Loan upto 31.03.2016

Address:-
State Bank of Bikaner & Jaipur
Head Office, Tilak Marg,
Jaipur - 302005.

Phone:-
0141- 5101540