Central Bank of India Car Loan in Ghaziabad

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

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

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 AddressIFSC CodeMICR CodeContact Number
Ghaziabad
Wright Ganj, GhaziabadCBIN02802571100160900120-2852084
Sehani

P.O. Meerut RoadCBIN02802621100160900120-2871909
Navyug Market, Ghaziabad

11, Navyug Market, GhaziabadCBIN02821801100160900120-2791033, 0120-2797496
Bulandshahr Rd Indl Est, Ghaziabad

Site No. 1, Loha Mandi, Bulandshahar Road Ind. Estate, GhaziabadCBIN02823381100160900120-2866614
Smt. Sushila Devi Chhabildas Public School

Smt. Sushila Devi Chhabildas Public School, Patel Nagar, Ghaziabad. U.P.CBIN0010257 NON-MICR0120-2732273
Bloom International Academy Ghaziabad
Bloom International Academy, Near Hindon Bridge, GhaziabadCBIN0020257 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. - 201001CBIN02831903190160900120-2862453
Indirapuram Ghaziabad
A - 8 , Ahinsa Khand - II, Indirapuram , Dist - Ghaziabad, Uttar Pradesh - 201010CBIN0283749 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-201017CBIN0284959NON-MICR022-22612008
Vasundhra
Plot No.15, C-9, Sector - 15, Vasundhra, Dist.gaziabad - 201012CBIN0284972 NON-MICR22612008
Sahibabad

Bloom International Academy, Near Hindon Bridge, GhaziabadCBIN0284023 NON-MICR0120-2630822

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