COMPARE : CAR LOANS
Vijaya Bank Car Loan
Introduction
Vijaya Bank gives loan for the purchase of new two-wheeler wheeler / motorcar of any manufacturer for private/professional or business use. The bank also extend car loan for used vehicles that are not more than 5 years old. The maximum loan amount offered in case of new vehicle is up to 80% of the cost / invoice value of the vehicle including accessories and registration expenses and for used vehicle / second hand (not exceeding five years), the loan amount would be 50% of the market value given by the Approved value / Govt. value which ever is less.
Highlights
  New Car Used Car
Loan Type Term Loan
Ex-Showroom/On Road On Road
Loan Amount Min. - Rs 50000
Max. - Rs 85
Tenure Min. - 12 Yrs.
Interest Rate 11.25 %  
Time to Process Loan 13 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  
 Fees & charges
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