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| Auto Loans |
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| Karnataka Bank |
autocityindia.com
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| Scheme Name |
: Car Loan |
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| Eligibility |
: Minimum Age (Yrs): 21 Maximum Age (Yrs): 60 |
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| Other Eligibility |
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An individual purchaser of a motor vehicle who is an income tax assesses with sufficient repayment capacity is eligible. |
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| Loan Slab |
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| Min. Amount(Rs.) |
Max. Amount(Rs.) |
Min. Period(Yrs) |
Max. Period(Yrs) |
Interest Rate(%) |
Max. Finance(%) |
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| NA |
Depends on the car price |
1 |
5 |
15 |
85 |
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| List of Cars financed by KARNATAKA BANK |
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| FEES/CHARGES |
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| Processing Fee |
: NULL |
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| Advance Payment |
: NULL |
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| Other Upfront Payment |
: NULL |
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| Prepayment charge |
: NA |
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| DOCUMENTATION / SECURITY |
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| Documentation |
: Not Available
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| Guarantors |
: Not Available |
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| Security |
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Not Available |
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| Exceptions |
: Not Available |
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| OTHER INFO. |
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| Basis |
: Annual Reducing Balance |
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| Repay Method |
: EMI |
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