Car Loan Bhopal
Here’s the List of Best Banks for Car loans in Bhopal:
| Bank Name | Bhopal |
| Corporation bank branch | Plot No-181, Zone II, M P Nagar, M P Nagar, Bhopal, Madhya Pradesh 462011 |
| IDBI Bank - Centre Point Branch | M.P.Housing Board Buliding, Hall A Centre Point, New Market, TT Nagar, Bhopal, Madhya Pradesh 462003 |
| Citibank | Ram Gopal Maheshwari Marg, Zone-I, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462023 |
| Corporation Bank | Lalwani Compound, 40, Hamidia Road, 47, Bhopal, Madhya Pradesh |
| Syndicate Bank Regional Office | FF, Indira Press Complex, 4, Hoshangabad Rd, Shikhar Varta, Zone-I, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011 |
| Punjab National Bank | Jumerati Rd, First Floor, Jumerati Gate, Jumerati, Peer Gate Area, Bhopal, Madhya Pradesh 462001 |
| Central Bank of India Training Institution | Bhopal, Madhya Pradesh 462027 |
| Punjab National Bank, Regional Head Office | Bhopal, Madhya Pradesh 462027 |
| Punjab National Bank | E-7, Arera Colony, Bhopal, Madhya Pradesh 462016 |
| Union Bank of India Regional Zonal Office | 1513/1/1, Hoshangabad Rd, Arera Hills, Maharana Pratap Nagar, Bhopal, Madhya Pradesh 462011 |
| Bank of Baroda | Rudraksh Bhawan, Plot No. 27, Raisen Rd, Indrapuri C sector, Bhopal, Madhya Pradesh 462021 |
| Allahbad Bank | Sultania Rd, Royal Market, Kohefiza, Bhopal, Madhya Pradesh 462001 |
| Punjab National Bank, Regional Head Office | Bhopal, Madhya Pradesh 462027 |
| State Bank Of India - Jahangirabad Branch | PHQ Tiraha, Jahangirabad, Bhopal, Madhya Pradesh 462008 |
| Axis Bank Ltd | Bittan Market Branch, E5, Star Plaza, Plot No. 6, Area Colony, Bittan Market, Bhopal, 462016 |
| Punjab National Bank | E-7, Arera Colony, Bhopal, Madhya Pradesh 462016 |
| State Bank of India | J Swaminathan Marg, Shymala Hills, Bhopal, Madhya Pradesh 462002 |
| Punjab National Bank, Regional Head Office | Bhopal, Madhya Pradesh 462027 |
| Axis Bank Ltd | Bittan Market Branch, E5, Star Plaza, Plot No. 6, Area Colony, Bittan Market, Bhopal, 462016 |
| Syndicate Bank | 95 - C Sector, Raisen Rd, Bhel, Indrapuri, Bhopal, Madhya Pradesh 462021 |
Benefits :
Firstly, it enables you to buy a better car than you could otherwise afford. Trying to save money by buying an older model can result in more costly repairs being needed, which all amounts to a false economy in the long run. Taking out a car loan also means you can spread the cost over a longer period of time, which in turn makes your car much easier to pay for - and you will always know where you stand with your monthly payments. You'll also know exactly how long you'll be paying the loan for until it's completed.
| Banks/Rates | HDFC Bank | Kotak | Axis Bank | State Bank of India (SBI) |
| New Car Loan |
9.45% - 12.50% | 11.50% - 13.50% | 9.40% - 12.00% | 9.45%( for WOMEN) 9.50%( for Others) |
| Processing Fee | Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac, Rs.4390/- to Rs.5870/-) | Rs.3300/- to Rs.4750/- | Rs.3500/- to Rs.5500/- | Nil |
How Much Salary or Income Required Getting Car loans in Bhopal Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Bhopal. Documents you will need to submit for Apply Car loan in Bhopal: · Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible) · Income Proof: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of Rs. 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR · Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card. · Bank Statement: Last 6 months |
