The Ahmedabad Mercantile Co-op. Bank Ltd Car Loan |
|
|
Introduction |
|
The bank provides vehicle finance for four wheelers. two wheelers, used cars for both personal and commercial use. |
|
|
|
Highlights |
|
|
New Car |
Used Car |
Loan Type |
Term Loan |
Term Loan |
Ex-Showroom/On Road |
On Road |
On Road |
Loan Amount |
Max. - 80 %
|
Loan will be sanctioned 50% on valuation certificate.
|
Tenure |
Min. - 12 months.
Max. - 60 months.
|
Min. - 12 months.
Max. - 60 months.
|
Interest Rate |
11 % |
13 % |
Time to Process Loan |
2 days |
2 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 |
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
Fees & charges
|
|
|
New Car |
Used Car |
Stamp Duty |
As Per Actuals |
As Per Actuals |
Legal, Repossession and Incidental Charges |
As Per Actuals |
As Per Actuals |
|
Comment on Charges |
No Floating Rate that is fix Rate during Loan Period.
Processing Charge fee to be cancelled.
Margin:20% |
Margin 20% |
|
|
|
|
|
Show All Auto Loans
|
|
|
|