Central Bank of India Car Loan
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Introduction Central Bank of India offers loan for vehicle under CENT Vehicle scheme. The bank extends loan for purchasing two wheeler (Scooters, Mopeds, Motor Bikes) and four Wheeler (Car, Jeep, Utility Vehicle) solely for the purpose of personal use. Bank also offer finance for used vehicles that are not older than 3 years and have expected residual life of minimum 10 years. Central Bank of India charges processing fees at 1% of the loan amount subject to minimum of Rs.250/-. Highlights New Car Used Car Loan Type Term Loan Term Loan Ex-Showroom/On Road On Road On Road Loan Amount Min. – Rs 50000
Max. – Rs 85Min. – Rs 50000
Max. – Rs 85Tenure Min. – 12 Yrs. Min. – 12 Yrs. Interest Rate 11 % 12.5 % Time to Process Loan 7 days 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 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 As Per Actuals Legal, Repossession and Incidental Charges As Per Actuals As Per Actuals Published on August 2, 2010 · Filed under: Car Loan, Central Bank of India Car Loan;
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