Catholic Syrian Bank Car Loan
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Introduction Catholic Syrian Bank offers car loans for vehicles purchased for personal use. The maximum loan amount limit is 80% of Invoice Value and road tax. Invoice Value includes Excise duty, Sales tax etc. However it excludes insurance, registration and other incidental charges. Banks keep hypothecation of the Vehicle as security. The bank also offers a loan scheme known as VIP Car Loan designed for individuals/groups having a fund limit of not less than Rs 25 lakhs. This loan can also be taken for buying vehicles for the personal use. Highlights New Car Used Car Loan Type Term Loan Ex-Showroom/On Road On Road Loan Amount Min. – Rs 50000
Max. – Rs 85Tenure Min. – 12 Yrs. Interest Rate 11.5 % Time to Process Loan 7 days Preferred Manufacturers Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota Fees & charges Fees & charges New Car Used Car Stamp Duty As Per Actuals Legal, Repossession and Incidental Charges As Per Actuals Published on August 2, 2010 · Filed under: Car Loan, Catholic Syrian Bank Car Loan;
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