COMPARE : CAR LOANS
State Bank of Travancore Car Loan
Introduction
State Bank of Travancore offers car loan for new cars/jeep, second hand cars. For new cars/jeep the maximum loan amount is 30 times net monthly income Rs.30 lakhs. For second hand cars maximum loan amount is 30 times net monthly income. Bank also consider margin take over of car loans (from other banks). Bank takes collateral security for loans above Rs. 50000/-.
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Maximum amount is 30 times net monthly income Rs.30 lakhs. For vehicles up to 2 years old - Rs. 4 lakhs
For vehicles 2 to 5 years old - Rs. 3 lakhs
Tenure Min. - 36 months.
Max. - 84 months.
Min. - 36 months.
Max. - 60 months.
Interest Rate 11 % 17.25 %
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 Bajaj, Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, Hero Honda, HINDUSTAN MOTORS, Honda, Hyundai, Indus, Kinetic, Mahindra, Maruti Suzuki, Mercedes Benz, Mitsubishi, Nissan, Reva, Royal Enfield, SAN Engineering, Skoda, Suzuki, Tata Motors, Toyota, TVS, Yamaha
 Fees & charges
 Special Offers
 Application Process
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