Car Loan Karur Vysya Bank
Karur Vysya Bank Car Loan: Find Details on Interest Rates, Documents, EMI, Processing Fee, Prepayment charges, documents requirement, finance options for SUV, MUV and more, Emi calculations online at deal4loans.com
Key Points of Karur Vysya Bank Car Loan
Flexi mobile loan - (New vehicle) = 10.95%
Flexi mobile loan - (Old vehicle) = 13.20%
Processing charges = Waived for loans upto Rs. 10 lakhs Rs.8000.00 +ST For loans above Rs.10.00 Lakhs
Maximum Repayment Tenor = 84 Months (New Vehicles) / 60 Months for used Car Loans
| 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 |
Collateral security = Optional (NSC/KVP/LIC Policies, Bank Deposits, Land & Building etc.,) Other Terms & Conditions The Net Take Home pay after deducting the proposed Loan Installments shall be at least 25% of gross pay. Payment directly to seller by way of DD/NEFT/RTGS/ Account credit/ etc., An undertaking from the employer to deduct loan installments and interest from the salary of the borrower in case of salaried employees shall be insisted on. |
