Jammu & Kashmir Bank Car Loan – Interest Rates 2024
Jammu and kashmir Bank Automobile Finance – New Cars, Used Cars, Commercial Vehicle Finance, School Bus Finance, Two Wheeler Loans Are Attractive and Lower Interest Rates. Get Instant Quotes on Interest Rates, Documents, Eligibility and EMI for Car loans Online.
Eligibility
- Permanent Employees of State / Central Government, Employees of Government / Semi-Government Undertakings & Autonomous Bodies
- Employees of Private Limited Companies, Private Organizations, Reputed Establishments & Employees on contractual basis with Central/State Govt, Government/ Semi-Government Undertakings& Autonomous bodies*
- Businessmen, Professionals and self employed individuals.
J & K Bank Car Loan Interest Rates
| Car Loans (Fresh Cars) under fixed interest rate option with repayment of the loan | |
| For General Public |
9.45% |
| For Companies & Firms |
9.95% |
| Car Loans (Fresh Cars) under floating interest rate option with repayment of the loan | |
| For General Public |
9.20% |
| For Companies & Firms |
9.70% |
| Car Loans (2nd Hand Cars) under fixed interest rate option with repayment of the loan | |
| For a period up to 4 years |
11.70% |
| For a period exceeding 4 years |
12.70% |
| Two wheeler loans under fixed interest rate option with repayment of the loan | |
| For a period up to 3 years |
9.70% |
| For a period above 3 years |
10.20% |
| Two wheeler loans under floating interest rate option with repayment of the loan | |
| Floating Rates | 9.45% – 9.70% |
| JK Bank Scooty Finance Scheme for Girls/Ladies | 9.70% |
Repayment Period
Flexible repayment options ranging from 12 to 84 months in equal monthly installments.
Processing Charges for J & K Bank Car Loans
0.50% of loan amount subject to a minimum of 500/-
