Car Loan Rates EMI 20201256 views
Table of Contents
- 1 About Bank of India Car Loan in Chandigarh
- 2 Bank of India Car Loan Chandigarh at a Glance
About Bank of India Car Loan in Chandigarh
Driving a car on the roadside with family and friends is a privilege many want to experience. But very few manage to realize it in their lifetime. Bank of India (BOI), a state-owned bank with more than 5,000 branches across the country, is the right option to get the finance for your dream car. It’s car loan service is available throughout India, including Chandigarh, the capital of Punjab and Haryana. You can buy an altogether new model or a used one by availing the loan from BOI.
Bank of India Car Loan Chandigarh at a Glance
|Interest Rate||7.35% - 7.95%|
|Loan Amount||Maximum Loan Amount : ₹ 50,00,000 for Resident Indian(individuals) &₹ 100,000 for corporates for Resident Indian; ₹ 50,00,000 for Non-Resident Indians|
|Loan Tenure||Upto 7 Years for New Cars & upto 3 years for pre-owned cars|
|Prepayment Charges||New Cars: ₹ 500 per application irrespective of the limit|
Pre-owned cars: 1% of loan amount minimum ₹500/- and Max ₹10,000/
Eligibility Criteria to Apply for Bank of India Car Loan in Chandigarh
- Salaried employees of both public and private sector units can apply for a personal loan at Bank of India.
- Self-employed, non-resident Indians (NRIs), companies, partnership firms, proprietorship concerns are also eligible.
- The individuals are not likely to be more than 65 years while availing a car loan.
Documents Sought by Bank of India to Sanction Car Loan in Chandigarh
Bank of India seeks a list of documents that you should present to get the car loan without any hassle. So, check out the documents below.
- Identity Proof- PAN Card/Passport/Voter ID/Aadhaar card
- Address Proof-Utility Bill/Passport/Voter ID/Aadhaar Card
- Signature Verification Proof-PAN Card/Passport/Driving License
- Income Proof-Last 3 Month Salary Slips, Form 16 for Last 2 Years, Last 6-month Bank Statement (For Salaried), ITR, Audited Balance Sheet and Profit & Loss Account Statement for the Last 3 Years (Self-Employed)
- RTO Copy
- Processing Fee Cheque
- A Duly Filled Application Form
Check for more in Car Loan Chandigarh
Bank of India Car Loan Chandigarh Branches
|Branch Name||Complete Address||IFSC||MICR||Contact Detail|
|Sector 17||Banks Square, Sector 17, Chandigarh, Pin-160017||BKID0006200||160013001||0172-2702853, 2704018|
|Sector 20||Sector 20, S.C.F. - 9, Sector 20-C, Chandigarh, Pin-160020||BKID0006201||160013003||0172-2706746, 2708826|
|Sector-32||Sector-32 (Chandigarh), S.C.O.290- 291, Chandigarh, Pin-0172-2601359||BKID0006202||160013004||0172-2601359, 2601591|
|Sector 35||Sector 35, Sco 415-416, Sector35 C, Chandigarh, Pin-160022||BKID0006203||160013002||0172-2668915, 2668916|
|Chandigarh Hi Tech Branch||181-182, Ground Floor, Sector 17-C, Chandigarh||BKID0006206||160013007||0172-2703311|
|Chandigarh Service Branch||Chandigarh Service Branch, Bank Square, Sector-17, Chandigarh, Pin-160117||BKID0006206||160013007||0172-2704018, 2711910|
|Sector 40||S.C.O. 323, Sector 40D, Chandigarh, Pin-160036||BKID0006207||160013011|
|Chandigarh Retail Hub||S.C.O. 81-82, Sector 17-B Chandigarh||BKID0006208||160013012||0172-2724610|
|Sector 47||Sector 47, S.C.O. No. 113, Sector 47 C, Chandigarh, Pin-160047||BKID0006210||160013014||0172-5025647|
|Sector 31||Sector 31, Star House S.C.O. 76-82, Sector 31A, Chandigarh-160030||BKID0006211||160013021|