United Bank of India Car Loan in Chennai

About United Bank of India Car Loan in Chennai

Chennai is the capital of Tamil Nadu and one of the best places to live in India. Everything about the city is simply perfect. Nothing can give you more happiness than driving your own car. United Bank of India offers a car loan to suitable loan seekers in Chennai so that they too can buy a car of their choice. The product offered by the bank is well suited to meet any financial requirements for buying a new car and an old car. The bank has many branches in Chennai for delivering the products.

United Bank of India Car Loan Chennai at a glance

The important details about a car loan offered by United Bank Of India in the city have been given below.

ParticularDetails
Interest rate8.85% - 9.65%
Loan amountMax. loan amount : ₹ 40 lakhs for individuals & no-ceiling limit for non-individuals
TenureNew Cars: 7 years (For pensioners max. 6 years)

Used Cars: 5 years(For pensioners max. 4 years)
Processing fee0.50% of the loan amount sanctioned subject to minimum of ₹ 500/- and maximum of ₹ 10,000/-.
Pre-payment chargeNIL

Eligibility criteria for United Bank of India Car Loan Chennai

The eligibility norms for a car loan product offered by United Bank of India have been given below.

For salaried individual: The applicant should take home a minimum of Rs 25,000 after meeting all monthly commitments. This also includes the proposed EMI. For salaried individuals having pensionary income, the repayment age can be extended till 70 years.

For self-employed professional and businessman: The maximum age can be 65 years although the loan needs to be fully repaid by the time the applicant completes 70 years.

Documents required for United Bank of India Car Loan Chennai

The list of all the important documents for both salaried employees and self-employed individuals has been given below. Check them out right now-

For Salaried Employees

  • Completely filled application form
  • Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License
  • Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill
  • Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License
  • Proof of Income- Salary slip of three months /Latest salary certificate, IT returns of the past two years or Form 16
  • Bank statement of the past six months.

For Self-employed individuals

  • Completely filled application form
  • Proof Of Identity- Aadhar card/Passport/PAN Card/Voter ID Card/Driving License
  • Proof of Residence-Aadhar Card/Passport/Voter ID Card/Lease agreement/Telephone bill/Ration card/Electricity bill
  • Proof of Age- Birth Certificate/ SSLC or AISSE Certificate/Passport/Driving License
  • Proof of Income-Income Tax returns of the previous two years along with Balance Sheet/ Profit & Loss account
  • Bank account statements of the past 12 months
  • Proof of existence of business and its profile

Check out Car Loan Chennai for more information.

Address of United Bank of India Branches in Chennai

The complete list of United Bank of India branches in the city has been given below with the address, contact details and IFSC & MICR codes.

BranchAddressIFSCMICRContact details
Anna Nagar1513 - E, East Main Road, Anna Nagar, Western Extension, Chennai - 600101, TamilnaduUTBI0ANC843600027008(011) 26273736
Armenian Street117, Post Box No - 8270, Armenian Street, Chennai - 600001, TamilnaduUTBI0MDS801600027005(044) 25340143/2444/1337
Mount RoadArul Manai Building, No.27 Whites Road, Chennai - 600014, TamilnaduUTBI0MRD805600027002(044) 28523012, 28588895, 24800173
Mylapore117, Kutchery Road, Mylapore, Chennai - 600004, TamilnaduUTBI0MYL804600027003(044) 24941586, 24617918
Nungambakkam141, Kodambakkam High Road, Nungambakkam, Chennai - 600034, TamilnaduUTBI0NUN826600027006(044) 28267431, 28205326
Sri Ramakrishna Math 118, R.K.Math Road, Mylapore, Chennai - 600004, Tamil NaduUTBI0SRM842600027004(044) 24643145
T Nagar48, North Usman Road, T Nagar, Chennai - 600017, Tamil NaduUTBI0TNA803600027004(044) 28158141. 22440182
Velacheri4, Tansi Nagar, 7Th Street, Velacheri, Dist - Chennai, Tamil Nadu, Pin - 600042UTBI0VEL837600027007044 22434005
Virugambakkam83, Arcot Road, Virugambakkam,Chennai - 60009 , Tamil NaduUTBI0VKM854600027011(044) 2377-5844
Southern RO184/192, Sri Durga Towers, R K Math Road, Near Mandaveli Bus Terminus, Mandaveli, Chennai - 600 028 Tamil Nadu.UTBI0XSR814Non-MICR044-24642378
PeramburK K R Building, 121, Madhavaram High Road Perambur, Chennai 600011UTBI0PER870Non-MICR044-25580187

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