Canara Bank Car Loan | Interest Rates | Offers

Canara Mobile (Vehicle) Loans: Get quotes on interest rates, Documents, Eligibility, Repayment & Latest Offers on New Cars & Used Cars loan by Canara Bank. Calculate emi with calculator.

Purpose:

  • For buying new or used four wheeler


Compare & Apply for Best Car Loans from Top 10 Banks

Minimum Salary: 2.5 Lakhs * | Offers for 100% finance * | Lowest Rates of 10.45% *
Professional Details
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ELIGIBILITY:

  • Salaried persons, professionals and business people, with qualifying income and required repayment capacity. Reputed firms and corporates are also eligible.

  • HUF not eligible

Your Dream Car. Your contribution and ours…   

  • For buying a brand new car, bring just 10% of the cost. Canara Bank will provide you loan upto 90% of the on road price. There is no ceiling on maximum loan amount!

  • For new vehicles, loan may be granted upto 90% of the total value inclusive of invoice value, life tax, registration charges, insurance premium and other accessories.

USED CARS

  • We also finance used cars (not older than 5 years) at the same low interest rates. We finance 75% of the agreed price or 75% of the value of the car, as assessed by an automobile engineer or Rs.6 lakh whichever is lower.

Repayment to suit your pocket:

  • In convenient Equated Monthly Instalments upto 72 months. So, step into any of our branches and drive away your dream car.

Processing Charges:

  • 0.1% on the loan amount with a minimum of Rs.250/- and maximum of Rs.500/-.

For more details, please visit our nearest branch or call to toll free no. 1800 425 0018.

 

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Disclaimer: This information is sourced from Bank's Website to help customers to gain information on Banks product.