Central Bank of India Car Loan Hyderabad-Wishfin

Central Bank of India Car Loan Hyderabad

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

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

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:

Branch NameComplete AddressIFSC CodeMICR CodeContact Number
CFB Hyderabad

Bank Street, Koti, Hyderabad - 500095CBIN0280808500016002040-23468936/ 37, 040-23468935

14 - 4 - 337/1 Laxmi Towers, Begumbazar, Hyderabad - 500012CBIN0280809500016003040-23468944, 040-23468943

P.B. No. 28 6 - 1 1059/1 G Floor Khairatabad, Habib Mansion Hyderabad 500004CBIN0280810500016011040-23428602/03, 040-23428601
11 - 4 - 762 & 763, Bazarghat Nampally, Hyderabad Andhra Pradesh 500004CBIN0280811500016014040-23428608/09

Raja Delux Complex, Ist Floor, Mushirabad, Hyderabad - 500020CBIN0280812500016012040-23468958/59

H.N. 12/10/23, Dr. Rageshwarrao Building, Seethaphalmundi, Secunderabad Hyderabad Andhrapradesh 500061 CBIN0280813500016019040-23468962

3 - 1 - 16 R P Road Secunderabad 500003CBIN0280814500016016040-23468967/69, 040-23468968,

7 - 1 - 409, Maruhi Veedhi Monda, Secunderabad Hyderabad Andhrapradesh 500003CBIN0280815500016013040-23468965, 040-23468966
Charminar, Hyderabad

Haji Kurben Hussain Bldg., Charminar, Gulzar House, HyderabadCBIN0281048500016005040-23468946

Near L.B.Stadium, Fatemaidan, HyderabadCBIN0281181500016007040-23428605/06
Ranigunj, Secunderabad

4 - 3 - 151, Hill Street, Ranigunj Sec - 500003CBIN0281365500016017040-23468964
Himayat Nagar

3 - 6 - 751/A, Ist Floor, Kubera Towers, Himayat Nagar, Hyderabad - 500029CBIN0281442500016009040-23428615/16

Central Bank - Rein Bazar, Opposite Yakutpura Railway Station. Pin 500023CBIN0281475500016018040-23468951/ 23468952

H. No. 22 - 8 - 551, Cross Road, Police Commissioners Office, Chatta Bazar Hyderabad Andhrapradesh 500002CBIN0281502500016006040-23468947/48

7 - 54/2, Macha Bolaram, Near Bolaram Rly. Station, P.O. Bolaram, Secund Andhrapradesh 500010CBIN0282066500016004040-23468970/71
Kalyan Nagar

Plot No. 74 - A, Opp. A.G. Staff Qts., Kalyan Nagar, Yusufguda, Hyderabad, Hyderabad Andhrapradesh 500890CBIN0282369500016010040-23428617/ 18/ 19
Golconda Fort, Hyderabad

Golconda Fort, 9 - 8 - 152/A, Chhota Bazar, HyderabadCBIN0282389500016008040-23428612/ 13
Noorkhan Bazar, Hyderabad
House No. 22 - 1 - 845, Noorkhan Bazar, HyderabadCBIN0282407500016015040-23468950, 040-23468949
N.B.O, Hyderabad

Central Bank Buildings, Bank Street, Koti, Hyderabad - 500095CBIN02826885000160011800 200 1911

10 - 3 - 5/A - 3/A, 1st Floor, Gudimalkapuram, Adj. Humayunnagar Police Stat Hyderabad Andhrapradesh 500028CBIN0283080500016022040-23428614
Naarm, Rajendranagar

Naarm (National Academy For Research Management) Campus Post RajendranagarCBIN0283252500016026040-23468953/ 54
Tulsi Nagar Colony

H.No. 2 - 3 - 763/3/I A, Golnaka, Amberpet Road, HyderabadCBIN0283299500016027040-23468961

4 - 68 Ground Floor, M.N.Reddy Complex, Vikas Nagar, Dilsukhnagar, HyderabadCBIN0283326500016028040-23468975

Plot No. 16, Mig Phase II, Dharma Reddy Colony, Near Jntu Junction, P.O. JNTUCBIN0283356500016029040-23468977
Godrej & Boyce Ltd

104, Malla Reddy Estate, Rtc Colony (beside Jaya Garden) P.O. TrimulgherryCBIN0283477500016032040-23468972
Warner Hindustan Ltd

3 - 18 - 3, Pragathinagar, P.O. Ramanthpur, HyderabadCBIN0283478500016021040-23468973
ISS College Of Information Technology

Sangam Laxmibai Vidyapeeth, Bhojireddy Engg College For Women, Vinaynagar Colony, Main Road, I.S Sadan, Saidabad, Hyderabad - 500059CBIN0283479500016031040-23468974
M/s Rahul Automobiles

H.NO.1 - 10 - 8/5, Sardar Patel Road, Begumpet, Hyderabad - 500016CBIN00308145000160169441620525
Asset Recovery Branch, Hyderabad

Mahapatram Road, Bank Street , Koti, Hyderabad, Andhra Pradesh - 500095CBIN0283752500016040040-23468929
A.S.Rao Nagar
Shed No.3(A&B), Electronic Complex, A.S.Rao Nagar Near Ecil X Road, Kushaiguda, , Pincode: 500062CBIN0283637NON-MICR1800 200 1911

H.NO.5 - 1 - 135/1C, 1st Floor, Annapurna Colony, Mallapur Main Road, Nacharam, Dist - Hyderabad, Andhra Pradesh - 500076CBIN0283541NON-MICR

Plot No 40& 41, Ground Floor, Sringeri Colony, Hyderabad, Dist - Ranga Reddy, Andhra Pradesh - 500013CBIN0283543NON-MICR040-23468979
East Marredpally

Plot No 256/c, 10 - 2 - 197, Entrenchment Road, Eat Marredpally Main Road.Secunderabad - Hyderabad, Andhra Pradesh - 500006CBIN0283810NON-MICR
1800 200 1911
Cash Management Service, Hyderabad
Central Bank Bldg., Zonal Office, Bank Street, Hyderabad, Hyderabad - 50009CBIN0283270NON-MICR
CFB Secunderabad

3 - 1 - 16, Rashtrapathi Road, Secunderabad, Hyderabad - 500003CBIN0283817NON-MICR

H.NO.1 - 10 - 8/5, Sardar Patel Road, Begumpet, Hyderabad - 500016CBIN0283877NON-MICR
Hyderabad Regional Office

Mahapathram Road, Bank Street Dist - Hyderabad, Andhra Pradesh - 500095CBIN0281125NON-MICR
Hyderabad Zonal Office

P.B.NO:522, 710 - 712, Mahapathram Road, Bank Street Dist - Hyderabad Andhra Pradesh - 500195CBIN0283096NON-MICR040-24744938/ 24740361-364
Shivam Road

2-2-5/1, 2, 16, 17, Usha Arcade, Osmania University Road, Near Shivam, City- Hyderabad, Dist- Hyderabad, Andhra Pradesh-500013CBIN0284907NON-MICR

Personal Loan Interest Rates March 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 March 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%