COMPARE : CAR LOANS
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 60 months
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount For Individuals Rs 250 Lakhs
For Corporate/Group loans Rs750 Lakhs
For Individuals Rs 250 Lakhs
For Corporate/Group loans Rs750 Lakhs
Tenure Min. - 36 months.
Max. - 60 months.
Min. - 12 months.
Max. - 60 months.
Interest Rate 10.9 % 10.9 %
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
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