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Punjab National Bank Car Loan

  • Features: One can get a car loan for purchase of old and new car with a maximum loan amount of Rs. 15 lakh. The bank may require collateral or guarantor for the loan. Salaried as well as self employed individuals can get a loan.

    Processing Fees: 1% of the loan amount, maximum Rs.6000.

    Prepayment Charges: DNA

    Down-payment: 20%

    Max Tenure: 4

    Plan Interest Rate Min Interest Rate Max EMI Processing Fee
    Punjab National Bank – Old – Fixed 10.5 11.0 2560 – 2585 1% of the loan amount, maximum Rs.6000.
    Punjab National Bank – New – Fixed 10.5 11.0 2560 – 2585 1% of the loan amunt or max Rs 4000
    Published on August 2, 2010 · Filed under: Car Loan, Punjab National Bank Car Loan;
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