COMPARE : CAR LOANS
Indian Bank Car Loan
Introduction
Are you planning to buy a new car and need funds? Indian Bank offers vehicle loan. Bank finances cost of vehicle (if required bank adds one time Road Tax, Registration Fee, Insurance premium and accessories to cost of vehicle for finance).
Highlights
  New Car Used Car
Loan Type Vehicle Loan Scheme Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Maximum Loan amount for purchase of four Wheeler is Rs 2 crores

20 times of Gross Monthly Income Spouse Income can be included for calculating eligible amount if he / she has steady income
Maximum Loan amount for purchase of four Wheeler is Rs. Rs. 2 Crores

20 times of Gross Monthly Income Spouse Income can be included for calculating eligible amount if he / she has steady income
Tenure Min. - 12 months.
Max. - 84 months.
Min. - 12 months.
Max. - 84 months.
Interest Rate 10.75 % 13.5 %
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
 Application Process
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