Central Bank of India Car Loan in Bengaluru

About Central Bank of India Car Loan in Bengaluru

Bengaluru, commonly known as Bangalore is the capital of India’s southern state Karnataka. This city is the centre of India’s high-tech industry. It is also known for its parks and nightlife. People of Banglore live an independent and enjoyable life. They value their freedom and don’t like the life of constraints. They know how to break all shackles and Central Bank of India by providing the financial and banking services help them overcome the financial troubles. Central Bank of India is one of the top nationalized banks that provides financial assistance to the citizen of the country and help them in reaching their financial goal. The bank has rendered quality banking and financial service for more than 100 years and still continues to serve the citizen of the city. The mission of the bank is to transform the customer banking experience into a fruitful and enjoyable one. It has introduced technology for efficient and effective delivery of all banking products. It has been awarded the Fintect India Award 2016, under category mobile banking at a function organized in Mumbai. It is well recognised for delivering the timely solution to the customers. The bank has drafted customized solution to meet the customer’s aspiration. Each product is uniquely designed to satisfy the requirements of the customers. Be it the need for owning a house or driving a personal car all needs are fulfilled by the bank.
It provides a tailor-made product named car loan to all the potential car buyers who require money to get access to their dream car. It charges decent rate of interest and a nominal processing fee. The bank is transparent in its dealing and maintains transparency with the customers. It discloses all the relevant information the borrower must know and doesn’t levy any hidden charges. The detailed information of the car loan product offered by the bank is given below.

Central Bank of India Car Loan in Bengaluru at a Glance

ParticularsDetails
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

Read Car Loan Bengaluru for more information.

Address of Central Bank of India Branches in Bengaluru

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

Branch Name
Complete AddressIFSC CodeMICR CodeContact Number
Basavangudi
No. 22. 1st Floor, V.C.Complex, Dr.D.V.G.Road, Basavangudi, Bangalore, 5 600004CBIN0280846560016005080-26613109 / 26602992
Brigade Road

10, Bridge Road, Bangalore. 560025CBIN0280847560016006080-25587507, 080-25588645
Bangalore Cantonment

75 - 76 Commercial Street, BangaloreCBIN0280848560016004080-25587033
JayachamarajeNdra Rd, Bangalore

Arun Mansion, 78, Jayachamarajendra Road, BangaloreCBIN0280849560016009080-22224982 / 2223569
Bangalore City


Post Box No.9560 , Santhosh Complex Kempegowda Road Bangalore - 560009CBIN0280850560016019080-22873096 / 97 / 98, 22874357, 22204847
Malleswaram, Bangalore

Jayam Shopping Complex, 100/107, Sampige Road, Malleswaram, BangaloreCBIN0280851560016012080-23341760, 23561847
Avenue Road, Bangalore

4 & 5, 1st Floor, Old Targupeth, BangaloreCBIN0280852560016002090-22870248 / 22208728
Sheshadri Road, Gandhinagar, Bangalore

No. 3, Sheshadri Road, Gandhinagar, BangaloreCBIN0281198560016007080-22253771, 22208056
Rajajinagar Bangalore

IV Block Rajajinagar, BangaloreCBIN0281200560016015080-23351436 / 23113489
Indira Nagar, Bangalore

NO. 542, 80 Feet Main Road, 1 Stage, Indiranagar, BangaloreCBIN0281425560016008080-25200299, 25253320
Jaynagar Ext. Bangalore

NO. 547 (NEW NO. 50/4 & 5), Acharya Layout, Rashtriya Vidyalaya Road, II Block, Jayanagar, BangaloreCBIN0281658560016020080-26563371 / 0873
Rajmahal Vilas Extension, Bangalore

NO. 31, 8A Main Road, Raj Mahal Vilas Extension, BangaloreCBIN0281660560016016080-23469787, Tel: 080-23469788
Koramangala Extn., Bangalore


No. 92, 6th Block, 80 Ft. Road, Koramangala Layout, BangaloreCBIN0282012560016011080-25532047 / 6983
Miller Road

71, Sona Towers, Miller Road, Bangalore - 560052CBIN0282314560016003080-22265301 / 67457 / 81464, 080-22267456
Sarakki Layout Bangalore



No.740, 15th Cross J.P.Nagar, Vth Phase, BangaloreCBIN0282433560016017080-26340753, 080-26341548
Kamla Nagar Extn., Bangalore

No. 277, 8th Main, Kamalanagar Road, III Stage, West Of Chord Road, BangaloreCBIN0282436560016010080-23489870, 23284755
Katriguppa
No 278100 Ft Ring Rd , Banashankari, 3rd Phase Bangalore - 560085CBIN0282708560016023080-26692146 / 26793701
B.T.M. Layout, Bangalore

Plot No. 8, 100 Feet Road, Stage 1, Phase 1, B.T.M. Layout, BangaloreCBIN0282816560016022080-26686552 /26785902
Vijaynagar

Shree Krishna No.29, 1st Floor, Magadi Main Road, M.C.layout, VijaynagarCBIN02834895600160251800 22 1911
Jayanagar 9th Block

R.J.Arcade, 1029/4, 27th A Main, 100 Ring Road, 9th Block, Jayanager, Bangalore - 560041CBIN0283545560016028080-26535222
R.T.Nagar

#9, D R Plaza, Dinnur Main Road, Rt Nagar, Bangalore - 560032, Metro, State KarnatakaCBIN0283546560016029080 - 23437299
Central Silk Board, Bangalore

Central Silk Board, CSB Complex, BTM Layout, Madiwala, Bangalore - 560068CBIN0283975NON-MICR080-26686270
Church Of South India Child Care Centre, Bangalore

Church Of South India Council For Child Care Centre, 26, Laveile Road, Bangalore - 56000CBIN0030850560016019080-22215074
M/s Widia (India) Ltd. Bangalore

M/s Widea (India) Ltd, 8/9 Mille, Tumkur Road, Bangalore - 560073CBIN0010850560016019080-28396370
Abbigere

Sri Skanda Complex, F Cros Abbigere Main Road, Abigere, Bangalore, Pincode: 560090CBIN0283585NON-MICR080-23253225
Jaraganahali

H - 1, 1 Cross, Raji Gandhi Road, Jarganahali, J.P. Nagar, Pincode: 560078CBIN0283693NON-MICR1800 22 1911
Ramamurthynagar

#72/73, Maruthi Complex, Hoysala Nagar, 4th Main, T.C.Palya Main Road, Ramamurthy Nagar Extension, Bangalore - 560016 , Dist - Bangalore, Karnataka - 560016CBIN0283698NON-MICR80-22793300
Sophia High School, Bangalore

8/9 Mille, Tumkur Road, Bangalore, Dist - Bangalore, Karnataka - 560073CBIN0283974NON-MICR080-22267610
Cash Management Service, Bangalore
Post Bag No.9560, Santosh Complex, Kempegowda Road, BangaloreCBIN0283269NON-MICR1800 22 1911
CFB - Brigade Road

Central Bank Of Inda, No 10, Brigade Road, Bangalore - 560001CBIN0283816NON-MICR80-25592885, 25588645
Mid CFB - Millers Road

Central Bank Of India, 71, Sona Towers, Millers Road, Bangalore - 560052CBIN0283818NON-MICR
80-22265301/ 22284213
Church Of SICCC, Bangalore

Church Of South India Council For Child Care Centre, 26, Laveile Road, Bangalore - 560001CBIN0283972NON-MICR080-22215074
Widia India Ltd

M/s Widea (India) Ltd, 8/9 Mille, Tumkur Road, Bangalore - 560073CBIN0283977NON-MICR080-28396370
Bangalore Regional Office

P.B.No:5129, No:24, Cresent Road Dist - Bangalore, Karnataka - 560001CBIN0281118NON-MICR
080-22265652/53/54
IISC, Bangalore

No:726/24, HMT Main Road, New M.S.Ramaiah Road BangaloreCBIN0284503NON-MICR
022-22612008
Rajarajeshwarinagar

Site No 480, 3rd Stage Beml Employee’s House Building Co-operative Society, Rajarajeshwari Nagar City-bangalore Karnataka-560098CBIN0284888NON-MICR
1800 22 1911

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