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Karnataka Bank Car Loan

  • Introduction
    Karnataka bank offers car finance scheme for the purchase of new car. Bank gives loan up to 85% of the invoice value excluding the vehicle tax and insurance. Bank also gives loan for purchasing second hand cars that are up to three years old.
    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 2, 2010 · Filed under: Car Loan, Karnataka bank Car Loan;
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