United Bank of India Car Loan in Chennai
Last Updated : May 20, 2017, 11:17 a.m.
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.
| Particular | Details |
|---|---|
| Interest rate | 6.50% Onwards |
| Loan amount | Max. loan amount : ₹ 40 lakhs for individuals & no-ceiling limit for non-individuals |
| Tenure | New Cars: 7 years (For pensioners max. 6 years) Used Cars: 5 years(For pensioners max. 4 years) |
| Processing fee | 0.50% of the loan amount sanctioned subject to minimum of ₹ 500/- and maximum of ₹ 10,000/-. |
| Pre-payment charge | NIL |
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.
| Branch | Address | IFSC | MICR | Contact details |
|---|---|---|---|---|
| Anna Nagar | 1513 - E, East Main Road, Anna Nagar, Western Extension, Chennai - 600101, Tamilnadu | UTBI0ANC843 | 600027008 | (011) 26273736 |
| Armenian Street | 117, Post Box No - 8270, Armenian Street, Chennai - 600001, Tamilnadu | UTBI0MDS801 | 600027005 | (044) 25340143/2444/1337 |
| Mount Road | Arul Manai Building, No.27 Whites Road, Chennai - 600014, Tamilnadu | UTBI0MRD805 | 600027002 | (044) 28523012, 28588895, 24800173 |
| Mylapore | 117, Kutchery Road, Mylapore, Chennai - 600004, Tamilnadu | UTBI0MYL804 | 600027003 | (044) 24941586, 24617918 |
| Nungambakkam | 141, Kodambakkam High Road, Nungambakkam, Chennai - 600034, Tamilnadu | UTBI0NUN826 | 600027006 | (044) 28267431, 28205326 |
| Sri Ramakrishna Math | 118, R.K.Math Road, Mylapore, Chennai - 600004, Tamil Nadu | UTBI0SRM842 | 600027004 | (044) 24643145 |
| T Nagar | 48, North Usman Road, T Nagar, Chennai - 600017, Tamil Nadu | UTBI0TNA803 | 600027004 | (044) 28158141. 22440182 |
| Velacheri | 4, Tansi Nagar, 7Th Street, Velacheri, Dist - Chennai, Tamil Nadu, Pin - 600042 | UTBI0VEL837 | 600027007 | 044 22434005 |
| Virugambakkam | 83, Arcot Road, Virugambakkam,Chennai - 60009 , Tamil Nadu | UTBI0VKM854 | 600027011 | (044) 2377-5844 |
| Southern RO | 184/192, Sri Durga Towers, R K Math Road, Near Mandaveli Bus Terminus, Mandaveli, Chennai - 600 028 Tamil Nadu. | UTBI0XSR814 | Non-MICR | 044-24642378 |
| Perambur | K K R Building, 121, Madhavaram High Road Perambur, Chennai 600011 | UTBI0PER870 | Non-MICR | 044-25580187 |