Canara Bank Car Loan in Jammu
Last Updated : May 25, 2017, 5:32 p.m.
About Canara Bank Car Loan in Jammu
The Canara bank was set up in the year 1906. It was set up before independence and is still one of the leading commercial banks in India. The main aim of the bank is to achieve the customer satisfaction. The car loan is one such product that helps the customer to achieve the dreams to buy a car for themselves and their family. For the people in the city of Jammu, which is one of the most improving and on the fast track of development, the car loan is one of the best options to pass the financial hurdle and become the owner of the vehicle as per their requirements. The car loan offered by Canara bank is one of the best options and assist the customers in managing the finances for the purchase of the desired car. It comes up with so many features and benefits like simple documentation, quick approval, and competitive rates.
Canara Bank Car Loan in Bhubaneswar at a glance
| Particulars | Details |
|---|---|
| Interest Rate | 7.30% Onwards |
| Loan amount | For 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. |
| Tenure | For new vehicles - 7 years For used vehicle(not older than 5 years)- 5 years |
| Processing fee | 0.25% on the loan amount with a minimum of ₹1000/- and maximum of ₹5000/- |
| Pre- payment charges | NIL |
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 get more details, click Car Loan Jammu
Address of Canara Bank Branches in Jammu
| Branch Name | Complete Address | IFSC Code | MICR Code | Customer Care |
|---|---|---|---|---|
| Shalimar Road (Main), Jammu | Karan Bhavan, Shalimar Road, Jammu 180001 | CNRB0000100 | 180015001 | 0191-2576622 |
| Trikutanagar, Jammu | Near Power Station, J D A Market, Sector - 3, Trikutanagar, Jammu | CNRB0002068 | 180015002 | 0191-2473382 |
| Savings Branch, Jammu | # 32, A Extension, Gandhinagar, Jammu, J & K | CNRB0002594 | 180015003 | 0191-2432079 |
| Jammu Channi Himmat | 250 A, Sector - 2, Channi Himmat, Jammu | CNRB0002975 | 180015004 | 0191-2460681 |
| Bari Brahmana, Jammu | Kalsa Complex, National High Way, Bari Brahmana - 181133, Dist Samba, Jammu | CNRB0003146 | 180015005 | 9419105251 |
| Talab Tillo Jammu | F-64, Talab Tillo, Jammu Pin-180002 | CNRB0005221 | 180015011 | [email protected] |
| Jammu Bakshinagar | Canara Bank # 204, Bakshi Nagar, Behind Dilbagh Mandi, Jammu -180001 | CNRB0005279 | 180015015 | [email protected] |
| Jammu Greater Kailash | Canara Bank Near Fawara Chowk Greater Kailash Distt. Jammu-180011 | CNRB0005282 | 180015013 | [email protected] |
| Janipur Jammu | Canara Bank, Shakuntala Complex, Opposite High Court Road, Janipur, Jammu | CNRB0005223 | 180015010 | 9596666266 |
| Jammu Sidhra | Near SBI National Highway, Jammu Sidhraja MMU Sidhra, Jammu And Kashmir 181017 | CNRB0005222 | 180015018 | 9418109881 |