Allahabad Bank Car Loan in Indore

About Allahabad Bank Car Loan Indore

With Allahabad Bank in Indore, you can buy your favorite car without any hassle. Yes, the bank offers the best deal for the car loan so that all the car lovers can have a hassle-free loan journey. This credit facility comes to you with lower rates, charges, flexible tenure and simple documentation.

Allahabad Bank Car Loan Indore at a Glance

ParticularsDetails
Interest Rate (in p.a.)8.95%
Loan AmountMaximum of 3 times of Net Annual Income / Net Annual Salary
Tenure60-84 Months
Processing Fee0.50% of loan Maximum ₹5,750 (Allahabad Bank Employees- NIL)
Pre- payment Charges2.28% of outstanding balance only in case of takeover

Eligibility Criteria

For Salaried Person/Agriculturist/ Professional & Self-Employed / Businessmen/ Retired individuals/Firm/ Companies

  • Minimum gross monthly income of ₹ 25,000.
  • Minimum 5 acres of irrigated land holding.
  • An IT assessee. With full collateral security, IT assessment order / IT return may be waived.
  • Drawing monthly pension of ₹ 15,000/= and above.
  • Net profit is sufficient to meet repayment of Car Loan.

Documents Required

  • Duly signed application form
  • Photographs
  • ID Proof
  • Age Proof
  • Income Proof
  • Residence Proof
  • RC Copy
  • Used Car-Valuation Copy
  • Business establishment proof for self-employed:Sales Tax Registration/ VAT Registration/ Service Tax Registration
  • Utility bills of shops and establishments, etc.

Grab More Info on Car Loan Indore

Address of Allahabad Bank Branches in Indore

Branch NameAddressIFSC CodeMICRCustomer Care
Indore MainIndore Main Branch, 20/1 A New Palasia Indore, M.P. Ph:0731 - 2545253, 0731 - 2548595ALLA02102014520100020731-2545253/ 2545252
Vijay NagarPlot No. 31, Scheme No.54, Vijay Nagar, Opp.Sayaji Hotel, Indore 452010 Phone No. 0731 - 2553655ALLA02119664520100050731-2553655
AjnodAjnod, Vill. & P.O. Ajnod Block - Sanver Dist. Indore Madhya Pradesh, Pin: 453551ALLA021109745301000207321-268720
KanadiaKanadia, Vill. & P.O. Kanadia Dist. - Indore Madhya Pradesh, Pin: 452018ALLA02109824520100070731-2842225
KhudelKhudel, Vill. & P.O. Khudel Dist. - Indore Madhya Pradesh, Pin: 453576ALLA02104764520100060731-2865224
Lasudia MoriLasudia Mori, M.G.C. Compound, Lasudia Mori (Dewas Naka) Dist. - Indore Madhya Pradesh, Pin: 452008ALLA02109834520100040731-2802447
PaldaPalda, Ossan Bagh, Vill. & P.O. Palda Dist. - Indore Madhya Pradesh, Pin: 452001ALLA02109864520100030731-2862415
Semalia ChauSemalia Chau, Vill. & P.O. Semalia Chau Dist. - Indore Madhya Pradesh, Pin: 452016ALLA02113324520100080731-2843222
INDORE BHAWAR KUAN17, Professor Colony, Wadhwani Chamber Bhanwarkuan Road, Indore, 452001,ALLA02125024520100060731-2366401
MehatwaraSel Factory Indore Bhopal Highway, Village Mehatwara, Tehsil-Jawar, District -Sehore, Madhya PradeshALLA02126004660105017560259080
Bangali Chouraha388, Goyal Nagar , Bengali Chouraha Road IndoreALLA02130479425080646
Airport Road Indore6 Anjani Nagar, Airport Road, Indore 452005ALLA02131284520100099977304200
Annapurna Nagar, Indore5, Vishal Nagar, Annapurna Mandir Road, Indore- 452009ALLA02132974520100109827766490

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