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Federal Bank Car Loan

  • Introduction
    Federal bank provides personal vehicle loan for new as well as used vehicles. Bank gives loan amount up to 90% of vehicle price. The bank gives loan up to Rs 50 lakh and Rs 200 lakh for individuals and corporates respectively. For new vehicles, the loan is given for a period of up to 84 months and in case of used vehicles, the maximum period is 60 months.
    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 85
    Min. – Rs 50000
    Max. – Rs 85
    Tenure Min. – 12 Yrs. Min. – 12 Yrs.
    Interest Rate 11 % 16 %
    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 3, 2010 · Filed under: Car Loan, Federal Bank Car Loan;
    1 Comment

One Response to “Federal Bank Car Loan”

  1. Antony Prakash said on

    Sir,
    I need a used car loan for Tata Venture car 2011 model at present with manakular motors pondicherry.
    with regards
    Antony

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