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Andhra Bank Car Loan in Pune

Andhra Bank Car Loan in Pune

Last Updated : March 25, 2017, 9:40 a.m.

About Andhra Bank Car Loan Pune

Looking for a car loan in Pune? Andhra Bank is here with the affordable car loan scheme with low-interest rate and a higher loan amount facility. So, read this article to know the details of Andhra Bank Car Loan scheme in Pune and check the eligibility criteria to apply.

Andhra Bank Car Loan in Pune at a Glance

Interest Rate7.80% - 7.90%
Loan amountDepending on the income flow and repayment capacity of an individual
Tenure60 months (used cars)-84 months (new cars)
Processing FeeAs applicable by the bank
Pre- payment charges1% on the balance outstanding at the time of prepayment

Eligibility Criteria

Have a look at the eligibility criteria to apply for a car loan at Andhra Bank in Pune. Having said that, the eligibility criterion is subject to change from one applicant to another and here at Andhra Bank, the eligibility for an applicant is as given below:

  • Any individual having a minimum gross income of ₹1 lakh per annum.
  • Corporate customers of the Bank.
  • Eligible amount is worked out based on the repayment capacity and maximum permissible EMI should not be more than 60% of net salary in case of salaried people and 70% in case of Non-salaried class.
  • Used Cars (not more than three years old): 60% of garage value or ₹25,00,000/- whichever is lower.
  • The maximum loan amount for a new vehicle is 90% on road price which includes invoice price, Life tax, Registration charges, Insurance, and accessories, if any, worth ₹5,000 /- or 3 years gross salary whichever is lower.

Documents Required

Here is the list of documents that you must carry if you want to apply for a car loan at Andhra Bank.

  • Documents for KYC Compliance
  • Valid Driving License
  • Passport size photos
  • Loan application form
  • Salary Slip
  • Proforma Invoice
  • IT Returns
  • Assessment Order
  • Valuation certificate from a reputed garage for a second sale (for women)

For more information, read Car Loan Pune

Andhra Bank Pune Branch Details

Branch NameComplete AddressIFSCMICRCustomer Care
Pune601, Sanchar Street Camp, Pune - 411001 MaharashtraANDB0000906411011002020-26131004, 26133950
PimpriPlot No.206, Near Umed Bhavan, Pimpri Station Road, Pimpri, Pune - 411018ANDB0001117411011003020-56114954/27425456
Shavajinagar1187/23, Srishna Kunj, Ghole Road, Shivajinagar, Pune - 411005ANDB0001152411011004020-25513124
VishrantwadiJai Ganesh Viswa, Vishrantwadi, Pune - 411015ANDB0001320411011005020-65102246
VimannagarShop No.11 - 15, Royal Tower, Air Force Road, Viman Nagar, Pune - 411014ANDB0001579411011006020-26630122
WagholiGat No.1420, Sahyadri Ware Housing Complex, Near Wagheswar Temple, Wagholi, Pune - 412207ANDB0001746411011007020-27052735
HadapsarG Floor, Shop No.2, 7, 8, Fortune Estate, Near Akashwani, Hadapsar, Pune-411028ANDB00021594110110088898689319
ZO PuneOffice No 103 104 1St Floor Stellar Enclave Aundh Pune 411007ANDB0002280020 25887730
BaramatiPlot No2, H No 87, Mahavir Hospital, Near Vasantrao Pawar, Natyagruh, Baramati, 413102ANDB00023164130111012228008
NigdiPlot No 65, Sector No 26, Nigdi Pradhikaran, Pune, 411044ANDB00025194110110119822419618
Ambegaon BranchGround Floor, Sno 56 2, Nest To Ambegaon Dhayari Road, Near Gaumukh, Ambegaon, Pune, 411046ANDB00025204110110109028198979
Talegoan DabhadeS No 4806, Prarang, Near Jijamata Chowk, Talegoan Dabhade, Pune, 410506ANDB000253041101100914225252
BavdhanS No 13 2, Plot No 3 And 4, Shopnp 6, Sukhwani Prestige, Bavdhan, Pune, 411021ANDB00025884110110128400001178
ChakanShop No 1 6 7 8 And 2, Business Square, Gat No 1638 And 1639, Chakan, Pune , 410501ANDB000261041101101325887750
AundhShop No S 1B, S 1C, Rohan Nilay, Sangavi Road, Aundh, Pune, 411007ANDB00026204110110147754027007
GhorpadiYashshree, Ground Floor, S No 69, Hissa No 2 2 2, B T Kawade Road, Ghorpudi, PuneANDB00026514110110159921536611
WakadShop No 2, G O Square, S No 249, 250, 251, Wakad, Pune, 411057ANDB00027239545595475
Sinhgad RoadShowroom No 1, 2, Sbi Supervising Officials Society, Sno B3B And B3E, Near Sane Guruji Samrak, Pune, 411030ANDB00029414110110178180003999
Pimple SaudagarSai Raj Regency, Ground Floor, A Wing, S No 64 1, Near Cng Petrol And Sai School, Pimple Saudagar, Pune, 411027ANDB00029844110110189049035931
KharadiShow Room No 1, Arissa Avenue, Near Union Bank, Kharadi, Pune, Maharashtra, 411014ANDB00029854110110199545283892
Karve NagarSuvidha House, Sno 25 1 B, Cts No 148, No 2, Kshipra Coop Housing Society, Vithal Road, Hingane Back, Pune, Maharashtra, 411052ANDB00029954110110207028920010

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