#1
28th May 2016, 01:29 PM
| |||
| |||
SBBJ Car Loan Interest Rate
Hello sir I want to apply for Car Loan in State Bank of Bikaner and Jaipura and I am here as I want to know what is the Interest Rate on this Loan so will you please tell me about this??
|
#2
28th May 2016, 02:45 PM
| |||
| |||
Re: SBBJ Car Loan Interest Rate
State Bank of Bikaner & Jaipur is an associate bank of State Bank of India. Its branch network out of Rajasthan covers all the major business centers of India. The Interest Rate on Car Loan of this Bank is 10.50% for Seven Years Other Information related to this Type of Loan is Purpose Purchase of new/old car/jeep, MUV/SUV (old upto 5 years) Reimbursement of car purchased from own sources within 2 years Eligibility Permanent employees, self employed, professionals, businessmen, traders agriculturists Net Annual Income 2, 50,000/- Income of spouse / father / mother/ brother / sister (any one) can be clubbed, who will join as co-borrower. NMI should be at least 2 times of EMI. 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. Margin 15% on road cost. Repayment EMI 36-84 months Repayment to be completed by the time the borrower reaches 70 years Security Hypothecation of vehicle purchased Hyp. Charge noting with RTO PDCs for EMI Processing Fee Flat 500/- |
|