Canara Bank Car Loan in Chandigarh

About Canara Bank Car Loan in Chandigarh

The city of Chandigarh is one of the best cities in India. It has been called as the Pensioner’s paradise. It has one of the best roads in the country and a drive in your own car is the dream which every individual come across in their lifetime. Sometimes it is not possible to buy it on your own and you need the financial help. The car loan is one such product that can help you to be the owner of the car that you have always wanted possess. Canara bank car loan gives you the option to avail the loan at affordable prices and get the luxury to be the owner of one that you have always dreamt about.

Canara Bank Car Loan in Chandigarh at a glance

ParticularsDetails
Interest Rate8.60% - 9.25%
Loan amountFor New Cars:

Minimum Loan: upto ₹10,00,000

Maximum Loan: ₹25,00,000 & above

For Pre-owned Cars: 75% of the agreed price or 75% of the value of the car, as assessed by an automobile engineer or ₹ 15,00,000/- whichever is lower.
TenureFor new vehicles - 7 years
For used vehicle(not older than 5 years)- 5 years
Processing fee0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/-
Pre- payment chargesNIL

Eligibility Criteria

  • Eligible Segments – Individuals, professionals, reputed firms and companies
  • Minimum annual gross salary of the individuals should ₹ 3 lacs
  • The non-individuals candidates should have minimum gross income of ₹ 3 lacs per months

Documents Required

  • Proof of Identity: Passport copy, PAN Card, Voters Id card, driving license( Laminated, Recent, Legible)
  • Proof of Address: Ration card/Driving license/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy.
  • Proof of Income: Latest salary slip with form 16 Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of ₹  4,50,000 per annum/ Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company/ Latest ITR
  • Bank Statement: Last 6 months

To know more, visit Car Loan Chandigarh.

Address of Canara Bank Branches in Chandigarh

Branch NameAddressIFSC CodeMICR Contact Details
Sector 35B ChandigarhSco 311 - 312, Sector 35 B Chandigarh 160036CNRB00016251600150050172-2606101
Foreign Department, ChandigarhCo, Ii Floor , Plot No.1 , Sector 34 - A, ChandigarhCNRB00018001600159970172-2621384
Chandigarh Sector 17c (MAIN)Sco 117 - 119 , Sector 17 C, Chandigarh 160022,CNRB00003851600150080172 - 2711805
ChandigarhSco No.117, 118, 119, Sector 17c Chandigarh 160017CNRB00019951600150010172-2706453
Chandigarh Sector 44 - DSco 369 - 370 Sector 44 D, Chandigarh 160047 ,CNRB00023991600150090172-2601656
ManimajraSco 836 , Manimajra, Chandigarh 160022CNRB00024061600150130172-2732208
Sector 32 Branch, ChandigarhSco 367, Sector - 32d, Chandigarh 160047 ,CNRB00024481600150020172-2611894
?sector 8, ChandigarhChandigarh Sector 8, Sco 167 - 168 Sector - 8 C, Chandigarh 160018 ,CNRB00024511600150040172-2543464
Consumer Finance Branch, ChandigarhPlot No.1, Sector 34 A, Chandigarh 160017,CNRB00024521600150030172-2621989
Sector37, ChandigarhSco No.389, Sector 37 D, Chandigarh 160036,CNRB00024781600150070172-2696011
Sector19, ChandigarhScf No.29, Sector - 19 D, Chandigarh 160019 ,CNRB00024791600150060172-2545529
Sector 40 - C Savings, ChandigarhSco 81, Sector 40 - C, Chandigarh, Pin 160036,CNRB00025861600150150172-2691316
Sector 47 - C Savings, ChandigarhSco - 63, Sector 47 - C, Chandigarh 160047 ,CNRB00026691600150160172-2633508
Panjab Uni Campus, Chandigarh,Shop No.11, Shopping Complex, , Punjab University Campus, , Sector 14, Chandigarh 160014CNRB00028451600150200172-2784616
Circle Office, ChandigarhPlot No.1, Sector 34 A, , Chandigarh - 160022CNRB0CO79001600159950172-2604258

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