COMPARE : CAR LOANS
Union Bank of India Car Loan
Introduction
Union Bank of India offers loan for purchase of vehicles for personal use under Union Miles Scheme. Loan can be taken by both individuals and firms. Bank charges a processing fee of Rs 250 for two wheelers loans and Rs 500 for four wheelers loans up to Rs 2 lakh. Four wheeler loans of over Rs 2 lakh are charged a fee of Rs 1000.
Highlights
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Min. - Rs 50000
Max. - Rs 85
Min. - Rs 50000
Max. - Rs 85
Tenure Min. - 12 Yrs.
Min. - 12 Yrs.
Interest Rate 10.5 % 13.25 %
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
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