Car Loan EMI Calculator Syndicate Bank

My friend wants to apply for car loan at branch of Syndicate Bank. So he wants EMI Calculator before applying for Car Loan. So tell us from where he will get EMI Calculator of Syndicate Bank?

[Shaleen]

As per my information, there is no facility provided by Syndicate Bank for EMI Calculator online.

So you have to contact to Bank branch from where you will apply for Car Loan.

Here I am giving interest rates for Car Loan of Syndicate Bank:

Eligibility Criteria for Car Loan
Individuals having minimum annual income of `2 Lakhs Per Annum and above .

QUANTUM OF FINANCE
NEW CAR: 95% of on-Road price of the vehicle (inclusive of insurance, Road Tax and Registration Charges) & accessories upto `10000/-

or 3 times the Gross Annual Income whichever is less.

85% of On road price for loans of above `25 lakhs for loans to Corporate Borrowers

Second Hand Four Wheeler: Upto 10.00 lakhs depending on the age of the vehicle OR 70% of the valuation of the vehicle whichever is less.

RATE OF INTEREST
Interest linked to Base Rate
Base Rate+0.65%pa for Four Wheelers
Base Rate+2%pa for Two wheelers
Monthly compounding

REPAYMENT
New 4 Wheelers – 84 EMIs;
OLD 4 Wheeler – Upto 60EMI depending on the age of the vehicle.

SERVICE CHARGES
As applicable

Interest Rate of Syndicate Bank for Car Loan
Upto `2.00 lakhs –`2.50 per thousand or part thereof with a minimum of `250/-Above `2.00 lakhs- `400 per lakh or part thereof with a maximum of `15.00 lakhs