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| Introduction |
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| 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). |
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| Highlights |
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New Car |
Used Car |
| Loan Type |
Vehicle Loan Scheme |
Term Loan |
| Ex-Showroom/On Road |
On Road |
On Road |
| Loan Amount |
Min. - Rs 50000
Max. - Rs 85
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Min. - Rs 50000
Max. - Rs 85
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| Tenure |
Min. - 12 Yrs.
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Min. - 12 Yrs.
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| Interest Rate |
12.75 % |
13.75 % |
| 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 |
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Fees & charges
Fees & charges
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New Car |
Used Car |
| Stamp Duty |
As Per Actuals |
As Per Actuals |
| Legal, Repossession and Incidental Charges |
As Per Actuals |
As Per Actuals |
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