City union Bank Car Loans

Find details of city union bank car loan through City union Bank EMI calculator. Just enter the loan amount of car you want to get financed and rate of interest. City union Bank EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.

Also see :   Car Loan Emi Calculator
City union Bank
City union Bank

New Car Loan Rates

Tenure5 Years
Down Payment0.1
Processing Fee1% Of The Loan Amount
Interest Rate13.25
Document Charges
City union Bank avails you with host of services and facilities online with which you can get car loan approval in an easier way. The customers who are dreamt of owning their desired car will turn their dream into reality via the golden opportunity provided by City union Bank. The eligibility criteria set by the bank that any individual having minimum gross income of Rs. 1.00 lakh per annum erases the hindrance that only silver-spooned can purchase the latest available cars. The bank even churns out the repaying capacity of an individual who had applied for loan by extending the tenure up to 8 years for new car while it is 5 years for used cars. Vicky. in proves to be the powerful tool through the provision of accurate information on processing fee, documentation charges, EMI amount of such banks

Loan Eligibility Calculator

cityunion bank car loan eligibility, Interest Rate, documents and process

  • Individuals of the age 18 years and above
  • Permanent employee of Central/State/Defence/Police Force/Public or Joint Sector Undertaking/reputed firms/ established Educational Inst.
  • Professional/Businessmen having regular income.
  • Borower has atleast minimum services to liquidate the loan 1 year prior to retirement.
  • Firms/Companies.
  • Min. 40% marks as per investment grade scoring chart.
  • For Purchase of new two/four wheelers, for personal or professional use
  • Second hand vehicles upto 3 years old also eligible.
QUANTUM 3 times the net income /net annual salary subject to a maximum of Rs 10 lacs MARGIN
  • 20% of cost of vehicle.
  • 50% of old vehicle.
  • under tie-up - 10%.
  • 4 Wheelers - Max. 60 months in Equated Monthly Installments