Central Bank of India Car Loan in Ghaziabad
Last Updated : March 22, 2017, 6:19 p.m.
About Central Bank of India Car Loan in Ghaziabad
Planning to drive home your dream car? What not able locate the correct lender? Oh, check the car loan offered by the Central Bank of India. Central Bank of India is one of the oldest banks in the country. It was established by Sir Sorabji Pochkhanawala in the year 1911. Sir Pherozesha Mehta was the first Chairman of the Bank. This bank was called the ’swadeshi bank’ as it was the first Indian Commercial Bank that was entirely owned and managed by Indians. The mission of the bank was to serve the people of the land and provide them with the advantageous banking experience. This bank is delivering its quality services now for more than hundred years and has maintained the standards by revamping its way of functioning, products and services to cater the latest requirement of the people. The bank has modified its operations to match the pace of changing economy. The bank lives on people’s faith and regards itself as the people’s own bank. It has made a bouquet of product and services tailor-made to meet the customer’s aspirations.
It offers car loan to the candidates who are in a mood to purchase and drive home their car. The bank provides loan for the purchase of both old and new car. It grants the loan amount of up to ₹ 75 lakhs for the purchase of new car and ₹ 10 lakhs for purchase of pre-owned cars. The maximum tenure for a new car loan is 7 years whereas, it is 4-5 years for second-hand car loan. The candidate can apply for the car loan online or by visiting the bank branch. The bank branches are present across the country. The customer can apply for the loan at the nearest branch.
The Central Bank of India has a significant number of branches in Ghaziabad and through it out rolls the facility of a car loan. The details of car loan Ghaziabad are given below:
Central Bank of India Car Loan in Ghaziabad at a Glance
| Particulars | Details |
|---|---|
| Interest Rate | New Cars: 8.70% p.a. Pre-owned Cars: 9.80% p.a. |
| Loan Amount | New Cars : Max. upto ₹75 Lakh Pre-owned Cars: Max. upto ₹ 10 Lakh |
| Loan Tenure | New 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 Fee | As Per Bank Norms |
| Prepayment Fee | As 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 Proof | PAN Card/ Voter ID/Passport/Driving License, photograph |
| Income Proof | Form 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 Proof | Latest Telephone Bill/ Electricity Bill/ Property Tax Receipt/ Passport/ Voter ID |
| Signature Verification Proof | Driving License/ Passport copy/ PAN Card |
To know more refer Car Loan Ghaziabad
Address of Central Bank of India Branches in Ghaziabad
The branch address, IFSC Code, MICR Code and customer care details of Central Bank of India branches located in Ghaziabad are mentioned in the table below:
| Branch Name | Complete Address | IFSC Code | MICR Code | Contact Number |
|---|---|---|---|---|
| Ghaziabad | Wright Ganj, Ghaziabad | CBIN0280257 | 110016090 | 0120-2852084 |
| Sehani | P.O. Meerut Road | CBIN0280262 | 110016090 | 0120-2871909 |
| Navyug Market, Ghaziabad | 11, Navyug Market, Ghaziabad | CBIN0282180 | 110016090 | 0120-2791033, 0120-2797496 |
| Bulandshahr Rd Indl Est, Ghaziabad | Site No. 1, Loha Mandi, Bulandshahar Road Ind. Estate, Ghaziabad | CBIN0282338 | 110016090 | 0120-2866614 |
| Smt. Sushila Devi Chhabildas Public School | Smt. Sushila Devi Chhabildas Public School, Patel Nagar, Ghaziabad. U.P. | CBIN0010257 | NON-MICR | 0120-2732273 |
| Bloom International Academy Ghaziabad | Bloom International Academy, Near Hindon Bridge, Ghaziabad | CBIN0020257 | NON-MICR | 0120-2630822 |
| Kailashwati Inter College, Arthala ( Ghaziabad ) | Kailashwati Inter College, Near Mohan Nagar, Arthala ( Ghaziabad ) | CBIN0030257 | NON-MICR | 0120-2942524 |
| MMH College, Ghaziabad | MMH College, Model Town, Ghaziabad, Dist - Ghaziabad, U.P. - 201001 | CBIN0283190 | 319016090 | 0120-2862453 |
| Indirapuram Ghaziabad | A - 8 , Ahinsa Khand - II, Indirapuram , Dist - Ghaziabad, Uttar Pradesh - 201010 | CBIN0283749 | NON-MICR | 1800 200 1911 |
| Arthala | Kailashwati Inter College, Near Mohan Nagar, Arthala ( Ghaziabad ) | CBIN0284024 | NON-MICR | 0120-2942524 |
| Smt. Sushila Devi Chhabildas Public School | Smt. Sushila Devi Chhabildas Public School, Patel Nagar, Ghaziabad. U.P. | CBIN0284025 | NON-MICR | 1800 200 1911 |
| Raj Nagar Ext. | Shop No. G-12, MGI Polestar, Khasra No. 966 & 967, Near Mgi Chowk, City- Raj Nagar Ext, Dist-ghaziabad, Uttar Pradesh-201017 | CBIN0284959 | NON-MICR | 022-22612008 |
| Vasundhra | Plot No.15, C-9, Sector - 15, Vasundhra, Dist.gaziabad - 201012 | CBIN0284972 | NON-MICR | 22612008 |
| Sahibabad | Bloom International Academy, Near Hindon Bridge, Ghaziabad | CBIN0284023 | NON-MICR | 0120-2630822 |