Central Bank of India Car Loan Ahmedabad - Wishfin

Central Bank of India Car Loan in Ahmedabad

About Central Bank of India Car Loan in Ahmedabad

Central Bank of India is the first Indian commercial bank to be completely owned and managed by the Indians. It was established in the year 1911. The founder of the bank is Sir Sorabji Pochkhanawala. The main motive behind the establishment of the bank was to provide useful banking service to the people of the land and enhance their banking experience. The bank has served the vast population of the country by giving the accurate solution for each of their banking requirements. It is a nationalized bank that has branches across the length and breadth of the country. In Ahmedabad, the largest city in the state of Gujarat the has opened a significant number of branches through which it caters the variant needs of the people. While Ahmedabad is considered an important economic and industrial hub of India, Central Bank of India help the residents of the city in accomplishing their wishes and desires.
The bank makes the people realise the importance of dreams and provides them with an assurance of fulfilling them. It offers the financial assistance to turn the dream into reality. It grants them funds in form of loans to gratify their desires instantly. The bank sanctions car loan to the potential car buyers who wish to drive a self-owned car. It proffers car loan for the purchase of both new and pre-owned cars so that the customer can have the pleasure of driving his/her favourite car. The bank charges nominal rate of interest on the loan facility and gives benefit of repayment in installments. The customer can select the loan period as per his convenience and capacity as the bank provides a flexible range of tenure. The tenure, interest rate and loan amount sanctioned by the bank under car loan are provided in the table below:

Central Bank of India Car Loan in Ahmedabad at a Glance

Interest RateNew Cars: 8.70% p.a.

Pre-owned Cars: 9.80% p.a.
Loan AmountNew Cars : Max. upto ₹75 Lakh

Pre-owned Cars: Max. upto ₹ 10 Lakh
Loan TenureNew Cars : Upto 7 Years

Pre-owned Cars : 5 years (for cars upto 3 years old) & 4 years (for cars more than 3 years old)
Processing FeeAs Per Bank Norms
Prepayment FeeAs Per Bank Norms

Eligibility Criteria

The Central Bank of India provides car loan after evaluating individual’s profile. It has set certain criteria to determine the suitability. The car loan eligibility criteria is:

  • The minimum age of the applicant should be 18 years and maximum 65 years
  • The minimum annual income of salaried and non-salaried applicant should be ₹ 2,40,000
  • The loan is provided to eligible segments mentioned below:
    -Permanent salaried employees/ Self-Employed Persons / Independent Entrepreneurs who have regular source of income.
    -Farmers irrespective of land holding engaged in production oriented agricultural activities and in other allied activities.
    -Non-resident Indians
    -Companies / Proprietorships, Partnership Firm /Societies/etc.

Documents Required

In order to avail the benefit of a car loan, the individual needs to submit the following documents:

Proof List of Documents
Age Proof Passport/ PAN Card/ Voter ID card, Photo Driving License with birth date/ Photo ration card with DOB/ Employer certificate/ID/School/ College Leaving Certificate
Identity ProofPAN Card/ Voter ID/Passport/Driving License, photograph
Income ProofForm 16 for last 2 years, Salary slip for last 3 months, proof of employment in the same organisation for two years, salary certificate, bank statement showing salary credit into the account (for salaried), IT returns for the last 2 years along with income computation, bank statement for the last 3-6 months (for self-employed)
Address ProofLatest Telephone Bill/ Electricity Bill/ Property Tax Receipt/ Passport/ Voter ID
Signature Verification ProofDriving License/ Passport copy/ PAN Card

Check Car Loan Ahmedabad for more details.

Address of Central Bank of India Branches in Ahmedabad

The branch address, IFSC Code, MICR Code and customer care details of Central Bank of India branches located in Ahmedabad are mentioned in the table below:

Branch Name
Complete AddressIFSC CodeMICR CodeContact Number
Ambavadi, AhmedabadAmbawadi AhmedabadCBIN0280540380016003079-26444734, 079-26403195
Ashram Road, Ahmedabad

Near Jain Temple, Usmanpura. Char Rasta, AhmedabadCBIN0280541380016004079-27541475, 079-27549837
Shahpur Rd., Ahmedabad

Opp. Halimni Khadki, Shahpur Road, AhmedabadCBIN0280542380016028079-25622278
Paldi, Ahmedabad

Mahalaxmi Society Corner, Paladi, Ellis Bridge, AhmedabadCBIN0280543380016023079-26602535 /26610240
Kankaria, Ahmedabad

1 A, Devang Society, Bhairavnath Road, Maninagar, AhmedabadCBIN0280545380016015079-25451571

Post Box No. - 100, Lal Darwaja, Ahmedabad - 380001CBIN0280546380016002079-25503586 / 5516/ 3340/ 25511119
Gandhi Road

Gandhi Road, AhmedabadCBIN0280547380016008079-25357095, 079-25351909
Navawadaj, Ahmedabad

Gujarat Housing Board Bldg., Near Vijay Nagar Flats, Block No. J 8/44, Patarakar Colony, AhmedabadCBIN0280548380016022079-27470306, 27494431
Khokhra Mehmedabad, Ahmedabad
Near New Anaj Bazar, Khokhra Mehmedabad, AhmedabadCBIN0280549380016016079-22160155
Maskati Market, Ahmedabad
P.B. NO. 1026, P.O. Railwaypura, AhmedabadCBIN0280550380016019079-22149665
Raipur Chakla, AhmedabadRaipur Chakala, Sonini Wadi, AhmedabadCBIN0280551380016024079-22144160, 079-22140640
Relief Rd. Ahmedabad

P.B. NO. 153, Oriental Building, AhmedabadCBIN0280552380016026079-25380227, 079-25393170
Mithakhali, Ahmedabad

OPP. P.W.D. Quarters, Sardar Patel Nagar Road, Ellis Bridge, AhmedabadCBIN0280553380016020079-26466309, 079-26461673
ST.Xaviers School Road, Ahmedabad

6, Darpan Society, St. Xaviers School Road, Naranpur Road, AhmedabadCBIN0280554380016030079-27910407 / 092
Sahijpur Bogha, Ahmedabad

Naroda Road, Near Post & Telegraph Office, AhmedabadCBIN0280555380016027079-22821341, 079-22805079
Maninagar, Ahmedabad

Ladolwala Mansion, Near Old Railway Station, AhmedabadCBIN0281235380016018079 22774404
H.L.Commerce College Area, Ahmedabad

Near Vardhman Nagar, Opp. Drive In Cinema Road, AhmedabadCBIN0281389380016013079-26405039, 079-26403732
Naranpura, Ahmedabad

Sardar Patel Colony Corner, Beside Meghalaya Avenue Apartment, Opp. Dr. Amins Dispensary, AhmedabadCBIN0281404380016021079-26443576, 079-26462854
Bhudarpura, Ahmedabad

Opposite Rohini Society, Dr. Sarvapali Radhakrishna Marg, Ambawadi, AhmedabadCBIN0281445380016005079-26601551, 079-26603051
Vasna, Ahmedabad

Lilanchal, Near Khojas Bhattha, Sarkhej Road, Anandnagar, AhmedabadCBIN0281463380016032079-26600724
Gulbai Tekra, Ahmedabad

Sears Towers, 11, Patel Society, Gulbai Tekra Road, AhmedabadCBIN0281629380016011079-26446451, 079-26469399,
Surendra Mangaldas Road, Ahmedabad

4, Satellite Co - Op. Society, Surendra Mangaldas Road, AhmedabadCBIN0281661380016029079-26743737 / 0863
Chamanpura, Ahmedabad

Gujarat Cancer Society Bldg., New Civil Hospital, Chamanpura, AhmedabadCBIN0282047380016006079-22681074, 079-22684746
Gujarat Law Society Area, Ahmedabad

Gujarat Law Society Campus, Near Law Garden, Elisbridge, AhmedabadCBIN0282261380016012079-26421030, 079-26430536
Drive In Cinema Road

Sunrise Shopping Centre, Opp. Drive - In - Cinema, AhmedabadCBIN0282268380016007079-27486725, 079-27481753
Vejalpur Road, Ahmedabad

Mahesh Kunj, 10/c, Chandrasekhar Society, Opp. Times Of India Bldg. Complex, Vejalpur Road, P.O. JIVCBIN0282722380016036079-26828630
Sola Road, Ahmedabad

Khodiyar Krupa, A/1, C.p. Colony No. 1, Bhuyandevchar Rasta, Behind Jain Derasar, Sola Road, AhmedabadCBIN0282784380016035079-27480097, 079-27499075
Ahmedabad Stock Exchange Branch

Kamdhenu Complex, Near Panjara Pole, Ambawadi, Ahmedabad 380015CBIN0283183380016037079-26301727, 079-26308286
Harijan Ashram, Ahmedabad

Shri Adhyapan Mandir Chhatralaya, Opp. Gandhi Ashram, Sabarmati, Ahmedabad - 380013, GujaratCBIN0284062NON-MICR079-27556848
Satellite, Ahmedabad

A - Upper Level, Kalatirth Complex, Nr Prernatirth Jain Temple, Satellite , Ahmedabad, Dist - Ahmedabad, GujaratCBIN0283744NON-MICR
Gheekanta Rd.ahmedabad

Near Gheekanta Post Office, Panchbats Pole, Gheekanta Road, Ahmedabad, Pincode: 380001CBIN0280544380016010079-22172722
Jamalpur Astodia, Ahmedabad

Jamalpur Astodia Road, Astodia Chakla, Ahmedabad, Pincode: 380001CBIN0281160380016014079-25350091, 079-25393324
Rakhial Rd. Ahmedabad

Motilal Estate, Nagarwal Hanuman Road, Rakhial, Ahmedabad, Pincode: 380023CBIN0281192380016025079-22749521, 079-22770320
Tilak Road, Ahmedabad

Jeevan Prakash Building, Tilak Road, Dist - Ahmedabad, Gujarat - 380001CBIN0281258380016031079-25508969
Gomtipur, Ahmedabad

Chhinkniwala Chambers, Opp. Rajapur Police Chowkey, Outside Of Gomtipur Darwaja, Gomtipur, Dist - Ahmedabad, Gujarat - 380021CBIN0282103380016009079-22161665
Lati Bazar, Ahmedabad

Alka Shopping Centre, Nr. Shahalam Tol Naka, Gita Mandir Road, Ahmedabad, Dist - Ahmedabad , Gujarat - 380022CBIN0282382380016033079-25399191
Cash Management Service, Ahmedabad

First Floor, Central Bank Bldg., Lal Darwaja , Ahmedabad, Dist - Ahmedabad , Gujarat - 380001CBIN0283268NON-MICR079-25500863
Ahmedabad Zonal Office
Central Bank Building, P.o.no:205, Lal Darwaja Dist - Ahmedabad Gujrat - 380001CBIN0281109NON-MICR
Ahmedabad Regional Office

Central Bank Building, 6th Floor, P.b.no: 226, Lal Darwaja Dist - Ahmedabad, Gujarat - 380001CBIN0281169NON-MICR
079-25501466/ 25503586
MID Corporate Finance Branch AhmedabadGround Floor, Lal Darwaja, Ahmedabad - 380001CBIN0283874NON-MICR
Retail Asset Branch-ahmedabad

1st Floor, Central Bank Building, Laldarwaja, Ahmedabad-380001, Ahmedabad, GujaratCBIN0284588NON-MICR

Personal Loan Interest Rates February 2024
HDFC Bank10.75% - 14.50%
ICICI Bank10.75% - 19.00%
IndusInd Bank10.25% - 26.00%
Kotak Bank10.99%
RBL14.00% - 23.00%
SMFG India Credit12.00% - 24.00%
Standard Chartered Bank11.49%
Tata Capital10.50% - 24.00%
Home Loan Interest Rates February 2024
Axis Bank8.75% - 9.15%
Bank of Baroda8.50% - 10.60%
Citibank8.75% - 9.15%
HDFC8.50% - 9.40%
ICICI Bank9.00% - 9.85%
Indiabulls Housing Finance Limited8.65%
Kotak Bank8.70%
LIC Housing8.50% - 10.50%
Piramal Capital & Housing Finance10.50%
PNB Housing Finance8.50% - 10.95%
Reliance Home Finance8.75% - 14.00%
State Bank of India/SBI9.10% - 9.65%
Tata Capital8.95% - 12.00%