Punjab And Sind bank car loan interest rate

I am planning to take car loan from the Punjab And Sind bank, so I want to know current interest rates of the bank, &the criteria to pay the loan.

[Pathak]

A you want to know about the car loan from the Punjab And Sind bank here I am giving you its details as below:-

The Punjab And Sind bank offering 90% loan on new vehicles and 70% of market value of old vehicle here I am giving you its more details as below:-

Processing Fees: Rs 500

Prepayment Charges: 1% on principal amount prepaid.

Down-payment: 10%

Interest Rate Min 11.5
Interest Rate Max 11.5
Minimum EMI -2609

I want to get information about the Punjab And Sind bank car loan interest rate. So here can you provide me information about the Punjab And Sind bank car loan interest rate on New Vehicles and Old Vehicles?

[sumit]

As per your request here I am telling you about the Punjab And Sind bank car loan interest rate on New Vehicles and Old Vehicles as you want.


Punjab And Sind bank car loan interest rate

Base Rate =9.75% w.e.f. 05.10.2015


AUTO LOANS

Category
Rate of Interest (p.a.) (All Tenures)

New Vehicles
BR (9.75%)+ 0.25% = 10.00

Old Vehicles
BR (9.75%)+ 3.00% = 12.75%


Here I am giving you its related information as you want;

Purpose
For purchase of New & Old Four Wheelers, Two Wheelers (old vehicles not to be older than 5 years) (non-commercial use & to be registered as private vehicle)

Eligibility
Individuals as well as business concerns(corporate or non-corporate)

Age
18 years to 65 years, , subject to age for repayment


Age for Repayment


Service class non pension : upto 60 years

Service class with pension : upto 70 years

Others : upto 70 years