Karur Vysya Bank Car Loans

Find details of karur vysya bank car loan through Karur Vysya Bank EMI calculator. Just enter the loan amount of car you want to get financed and rate of interest. Karur Vysya 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
Karur Vysya Bank
Karur Vysya Bank

New Car Loan Rates

Tenure5 Years
Down Payment0.2
Processing Fee0.3% Of The Loan Amount
Interest Rate12.00
Document Charges
Karur Vysya 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 Karur Vysya 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

Karur Vysya Bank Car Loan eligibility, Interest Rate, documents and process

  • Finance up to 80% of the vehicle cost + Life Tax + accessories
  • Maximum Amount : Rs. 7.50 Lacs
  • Eligibility 
    • Individuals / Proprietorship / Partnership / Corporate Except those engaged in Car hiring business
  • Processing charges : 0.5% (Minimum Rs.250/- and Maximum Rs.1,500/-)
  • Documentation Charges : 0.5% (minimum Rs.250/- and Maximum Rs.500/-)
  • Repay in 60 monthly installments (EMI’s)
  • Second-hand cars are financed at 30% margin ( not older than 5 years )
  • Instant loan facility and simple procedures
  • Guarantor Proprietor / Partners / Directors / Kartha & Others in their individual capacity
  • No other hidden charges
  • No pre-payment charges