#1
19th August 2015, 03:08 PM
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Car Loan by Central Bank of India
What are the eligibility conditions required to meet to take car loan from Central Bank of India ?
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#2
19th August 2015, 03:09 PM
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Re: Car Loan by Central Bank of India
Central Bank of India offers loan for four Wheeler i.e. Car, Utility Vehicle, Jeep, SUV, electric car like Reva, battery operated vehicle etc. for personal use. Eligibility Criteria -- Applicants must be 18 years and above who are Permanent salaried employees . Farmers irrespective of land holding engaged in production oriented agricultural activities. Self-Employed Persons / Independent Entrepreneurs who have regular source of income. NRI in India jointly with a resident of India who is a close relative of the NRI. The vehicle is for use in India only. Staff of our bank. Loan Details – Minimum Income Criteria (Gross Income) Salaried Persons: For Four wheelers - Rs.15,000/- p.m. Other than salaried persons: 2 For Four wheelers - Rs.1,80,000/- p.a. Quantum of Finance: Four Wheeler: Indian made vehicles : Rs.20.00 lakh Imported Vehicles : Rs.40.00 lakh Old/Second Hand Vehicle : Rs.10.00 lakh Repayment: Four Wheeler (Old) Upto 3 Years old - Maximum 60 Months. Four Wheeler (New) - Maximum 84 Months. Four Wheeler (Old) More than 3 Years old - Maximum 48 Months. Rate of Interest---- For Four Wheelers (New) - Base Rate + 0.50% For Four Wheelers (Old) - Base Rate + 1.50% |
#3
8th December 2015, 10:42 AM
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Re: Car Loan by Central Bank of India
Please guide me through the process of online application for Car loan by Central Bank of India?
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#4
8th December 2015, 10:48 AM
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Re: Car Loan by Central Bank of India
Please follow the below steps which assist you in getting to the online application form for Car loan by Central bank of India: Please visit the official site of Central bank of India which looks like the image attached On the top left of the page you will find a section for loans, please select it. A list of options will be displayed, please click on the vehicle loan. A new page will load which looks like the image attached On this page you will find a link for online form please click on it, a new page will open which looks like the image attached. Please follow the process for future as well. |