COMPARE : CAR LOANS
The Lakshmi Vilas Bank Limited Car Loan
Introduction
The bank provides loans for purchase of new/used car/van/jeep and new two-wheelers.
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount 5 times of net monthly income (OR) 85% of the cost of the vehicle as per invoice including Road Tax & Insurance and cost of accessories up to Rs.25,000/- with a maximum ceiling of Rs.25 lakhs for new vehicles The loan amount is 25 times Net Monthly Income or Rs.10 lacs, whichever is lower.
Tenure Min. - 12 months.
Max. - 72 months.
Min. - 12 months.
Max. - 36 months.
Interest Rate 11.75 % 14.25 %
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 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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