Allahabad Bank Car Loan in Mumbai

About Allahabad Bank Car Loan Mumbai

Allahabad Bank in Amchi Mumbai offers the best of car loan deal for one and all. Yes, if you are the one who wants to buy stylish car in the city, you don’t need to look further because Allahabad Bank offers the lucrative deal for all the car lovers in the city with interest rates as low as 9.1%-10.1% per annum.  

Allahabad Bank Car Loan Mumbai 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.

Get Latest Info About Car Loan Mumbai

Address of Allahabad Bank Branches in Mumbai

Branch NameAddressIFSC CodeMICRCustomer Care
Vashi Branch, MumbaiUnit No.2, Arenja Arcade, Sector 17, Vashi, Navi Mumbai, Pin: 400703ALLA0211975400010029022-27894498
Fort Branch, Mumbai37, Mumbai Samachar Marg, Fort, MumbaiALLA0210182400010019022-22655739/22662018/22611861
DadarSenapati Bapat Marg, Dadar B.S. Road Post Office Box 7043 Mumbai Maharashtra, Pin: 400028ALLA0210184400010006022-24304828
Kalbadevi63/65, Moraji Kanji Bldg., Dr. Atmaram Merchant Road, (1St Floor), Bhuleshwar Mumbai, Pin: 400002ALLA0210185400010016022-22410404
Kalina Branch, MumbaiA.H. Wadia Tech. Instt. Bldg., 292/11. C.S.T. Road, Santacruz (East), Kalina, P.O. Vidyanagari, Mumbai, Pin: 400098ALLA0210186400010010022-26651719
Parel Branch, MumbaiDr. Ambedkar Road, Parel, Post Box No. 6610 Mumbai - 400 012. Maharastra, Pin: 400012ALLA0210187400010014022-24131618
Mulund Branch, MumbaiShriram Kutir, Sau Laxmibhai School, Navghar Road, Mulund East, Mumbai - 400081ALLA0210261400010013022-21636195
Khar Mumbai`Smriti Plot 383A, 13Th Road, Khar, Mumbai - 400 052 Maharashtra., Pin: 400052ALLA0210302400010011022-26040488,
ChemburVasant Prabhat, Plot No.608, Sion Trombay Road, Chembur Mumbai Maharashtra, Pin: 400071ALLA0210313400010005022-25402261
Peddar Road, Mumbai18, Dr. Gopal Rao Deshmukh Marg (Peddar Rd) P.O. Cumballa Hil Mumbai - 400 026. Maharastra., Pin: 400026ALLA0210371400010015022-23524091/23521167
Thane408, Prakash Bhavan Gokhale Road, Naupada, Thane, Maharastra, Pin: 400602ALLA0210479400010017022-25401340
Juhu Vile Parle, MumbaiA - 2, Model Co - Operative Housing Society, Gazal, Gulmohar Road, Jvpd Scheme, Juhu Vile Parle, Mumbai - 400049ALLA0210523400010009022-26202584/262
NasikShivdarshan (Opp. Circle Cinema), Old Agra Road, Nasik, Maharastra, Pin: 422002ALLA02105814220100020253-2574241/2570961
BhandupSohal Engineering Works Compound, 1St Floor, L.B. Shastri Marg, Bhandup (W) Mumbai Maharashtra 400078ALLA0210624400010004022-25616928
Malad34, Ramchandra Lane, Malad (West), Mumbai - 400 064 Maharashtra., Pin: 400064ALLA0210720400010012022-28820942

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