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Union Bank Of India Car Loan

  • Features: Called CUB YOHA VAHANA, this loan for new four-wheelers is available to salaried as well as self-employed individuals. Joint loans with spouse are available. This loan cannot be availed for second-hand four-wheelers.

    City Union Bank (for Car Loan)
    Initial Interest Rate: 13.5
    Average Interest Rate: 13.5
    Loan Eligibility: 12 – 15
    Emi: 8,123
    Tenure 4
    Age 30
    Processing Fee: 1% of loan amount
    Prepayment Charges: NA
    Cheque Bounce Charge: NA
    Late Payment Charges: NA
    Statement Charge: NA
    Security: Hypothecation of vehicle to be purchased
    Insurance Charges: A comprehensive insurance cover is to be obtained at the cost of the borrower with bank clause
    Down Payment: 10%
    Over Draft: No
    Cheque Swapping Charge: NA
    Published on August 9, 2010 · Filed under: Car Loan, Union Bank of India Car Loan;
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