Your Criteria : Car Loan Catholic Syrian Bank

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Features: One can avail of a car loan to purchase a vehicle for personal use. One has to have assets and income to justify the loan as well as documentary evidence of income.

Catholic Syrian Bank (for Car Loan)
Initial Interest Rate: 11.5
Average Interest Rate: 11.5
Loan Eligibility: 12 - 15
Emi: 7,827
Tenure 4
Age 30
Processing Fee: upto Rs 25000- Nil, above Rs 25000- 1% of loan amount, minimum Rs 250
Prepayment Charges: 1% on the principal amount prepaid.
Cheque Bounce Charge: NA
Late Payment Charges: NA
Statement Charge: NA
Security: Hypothecation of vehicles purchased out of bank finance. HP is to be got noted in RC book issued by the RTA.
Insurance Charges: The vehicle purchased out of bank finance is to be comprehensively insured to its full value with Bank's Clause.
Down Payment: 20%
Over Draft: No
Cheque Swapping Charge: NA
To find the best deal,
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Catholic Syrian Bank
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