Your Criteria : Car Loan UCO Bank

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Features: The bank offers a car loan under the scheme called 'UCO Car' for purchase of new as well as second hand car to salaried individuals, professionals and businessmen. For a second hand vehicle, a 'certificate of fitness' and valuation certificate is required.

UCO Bank (for Car Loan)
Initial Interest Rate: 11.0
Average Interest Rate: 11.0
Loan Eligibility: 12 - 15
Emi: 7,754
Tenure 4
Age 30
Processing Fee: 1% of loan amount or max Rs 1000
Prepayment Charges: for loan above 2 lac- 0.50% of outstanding amount
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: 15%
Over Draft: No
Cheque Swapping Charge: NA
To find the best deal,
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UCO Bank
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