Central Bank of India Car Loan Hyderabad

Last Updated : Sept. 5, 2017, 1:18 p.m.

About Central Bank of India Car Loan in Hyderabad

Serving the people of India with the best banking and financial services for more than a century, Central Bank of India is one of the leading banks in the country. This bank was incorporated in the year 1911 as the dream of Sir Sorabji the founder of the bank. Since the foundation, the bank has weathered many storms and faced many challenges. It has transformed every threat into a business opportunity and excelled with flying colours. It has always worked with the motive to transform the customer banking experience into a worthy and delightful one. The vision of the has been to emerge as a strong and vibrant bank/ financial supermarket. It wants to contribute to the emerging needs of the economy and plans to attain the same through consistent harmonization of human, financial and technological resources. And to ensure the same, the bank has proposed multiple products and services to provide a ready-made solution for each financial requirement. The bank realises the importance of dreams and helps the customers to live up to their wish and fulfill them. For each of the requirement, the bank has made a unique product.
It gives the base of finance to the customer’s dream of owning a car. The bank lends money to the car buyers for purchasing a car and acknowledging their wish of having a personal car. This service can be availed from the bank branches. The bank has a vast network of branches spread throughout the length and breadth of the country. It is present in 29 states of the country covering remote regions as well. It has a considerable number of branches in Hyderabad city through which it delivers its services. The residents of Hyderabad can take the benefit of car loan by visiting the closest branch. The details of car loan in Hyderabad are given below.

Central Bank of India Car Loan in Hyderabad at a Glance

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:

For more information read- Car Loan Hyderabad

Address of Central Bank of India Branches in Hyderabad

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