Car Loan Rates EMI 2024

Allahabad Bank Car Loan in Jammu

Allahabad Bank Car Loan in Jammu

Last Updated : May 19, 2017, 4:52 p.m.

About Allahabad Bank Car Loan Jammu

Here comes the good news for those who live in Jammu. Yes, one of the oldest public sector banks, i.e. Allahabad Bank offers the best deal for all the car lovers. This credit facility comes to you with plenty of amazing offers and benefits, which are difficult for you to resist. So, and get the deal today!

Allahabad Bank Car Loan Jammu at a Glance

ParticularsDetails
Interest Rate (in p.a.)8.05% Onwards
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.

Click Here to About Car Loan Jammu

Address of Allahabad Bank Branches in Jammu

Branch NameAddressIFSC CodeMICRCustomer Care
Jammu67, Vir Marg, (Residency Road) Jammu Tawi Jammu & Kashmir Pin 180 001, Pin: 180001ALLA02104731800100010191-2573486
Jammu Bahu PlazaShop No. 16A & Show Room No.3 Ground Floor, South Block B - 2, Bahu Plaza, Rail Head Complex, Jammu - 180004ALLA02120621800100020991-2472493
SrinagarSrinagar, Stadium Road Opposite : Iqbal Park, Srinagar Jammu & Kashmir, Pin: 190001ALLA02106211900100020194-2455700
Katra VaishnadeviKatra Vaishnadevi, Hotel Mount View, Katra Jammu Road, Dist Udhampur Jammu & Kashmir, Pin: 0ALLA021209818201020101991-232778
Jammu - Transport NagarPlot No 8, Narwal Road, Transport Nagar, Jammu Pin - 180012ALLA021269518001000396975-01520
Talab TilloOpp- Royal Estate Banquet Hall, Jammu-Poonch Highway, Talab Tillo, Jammu-180002ALLA02133841800100049419140654
Gandhi NagarGurudwara Baba Fateh Singh, Gandhi Nagar, Jammu- 180002ALLA02133851800100059419104585
Bari BrahmanaAllahabad Bank Near Jk Oil Mill, Nh 1A Bari Brahmana Distt. Samba Jammu And Kashmir 181133ALLA02134491800100069419181825

Related Post