United Bank Car Loan: Interest Rates June 2019, EMI Eligibility Calculator

United Bank of India Car Loan – Get Details on Auto Loans/Vehicle Finance Schemes of United Bank of India, Documents, Eligibility, Interest Rates and Fees and Charges of Loans with United Bank Car Loan EMI Calculator.

United Bank car loan Details:

Interest Rates8.85% – 8.90%
Repayment Period7 Years
Lowest EMI per LakhRs. 1,601
Maximum loan amountUpto 40 Lakh
PROCESSING CHARGES0.59% of the loan amount
Minimum Income Per MonthRs.25000

Compare, Calculate & Save more on Interest Rates & EMIs

Professional Details
Loan Amount

Occupation

Annual Income

City

Eligibility Criteria for United Bank of India Car Loan:

  • Individual persons who are going to use car for own and family use
  • Partnership firm/Proprietorship firm/ Company / Society for private use

You are a Savings/ Current Deposit/ Term Deposit A/c holder with the Bank and fulfill the following criteria-

  • Individual with minimum net income (take home for salaried persons) of Rs 30,000/- per month
  • For Salaried persons : The applicant (aged between 21-65 years) is in regular service for at least 2 year and remaining period of service to cover repayment period.
  • P&SE: They (aged between 21-65) should be in the profession/business for at least 2 year. The prospective borrower should be Savings / Current / Term Deposit Account holder of the Branch.

United Bank Car loan EMI Calculator

United Bank car loan emi calculator helps you to know how much emi per month you have to pay against the loan taken for purchasing the new car. you can select or choose the right loan amount as per your financial condition and it helps you in selecting the car variant as per your paying capacity of EMI. For calculation you have to just select the right loan amount, Interest Rate and Repayment period.

Calculate Loans EMI Online

Loan Amount
Interest Rate (Reducing) % Per Annum
Loan Tenure (in Months)
 
Monthly EMI
Total Amount with Interest
Total Interest Amount
Yearly Interest Amount

For an example, You can take a loan amount of Rs.9 lakh for Ford Ecosport or Hyundai Creta Sx car for 5 years repayment period at 8.90% rate of interest than you emi calculations are as follows:

  • Loan Amount = Rs. 9,00,000
  • Monthly Installment (EMI) = Rs. 18,639
  • Total Interest Amount = Rs. 2,18,332
  • Total Amount (Principal + Interest) = Rs. 11,18,332
YearPrincipalInterestBalance Amount
1Rs. 149,572Rs. 74,096Rs. 750,428
2Rs. 163,437Rs. 60,231Rs. 586,991
3Rs. 178,593Rs. 45,075Rs. 408,398
4Rs. 195,154Rs. 28,514Rs. 213,244
5Rs. 213,381Rs. 10,420Rs. 0

Quantum of Loan:
For purchase of new car you can avail upto 30 lakh maximum loan amount from United Bank in your town.
No Limit for Non Salaried Class people.

Margin or share which is paid by you

  • New Car:- 15% of on road price of the vehicle (Individuals and corporates)
  • Old Car:- 25% of the valuation amount in case of old car

A special incentive in interest rate @ 0.50% concession from our card rates of car loan has been incorporated for the following eligible borrowers:

  1. Existing mortgage based loan borrowers who have completed 2 years of regular repayment.
  2. CC A/c holders having
    i. Completed minimum 2 years
    ii. Satisfactory conduct of the account
    iii. Credit Risk rating of atleast UBICR – 3
  3. Corporate/Institutions/companies/firms if repayment is ensured through a single cheque or direct credit to loan a/c.

Repayment :
The loan is to be repaid on the basis of Equated Monthly Installment (EMI) fixed in accordance with following norms taking into consideration the quantum of loan sanctioned.

Type of VehicleNumber of EMI
New VehicleMaximum 84 Months
Old Vehicle upto 2yrs oldMaximum 60 Months
Old Vehicle 2yrs and upto 4yrs oldMaximum 36 EMI

No Penalty is charged for early repayment of the loan

Branch address of United Bank for avail Car Loans

CityBranch Address
DelhiModi Complex No.2, Local Shopping Centre No. II, Ashok Vihar, Phase – II, City : Delhi, State : Delhi, Pin : 110052
H-1598,Dda Shopping Complex Market No.4, C.R.Park,N.Delhi, City : Delhi, State : Delhi, Pin : 110019
J.C.Das Bldg, 90/8,Connaught Circus,, City : Delhi, State : Delhi, Pin : 110001
C-2/393, Main Pankha Road, Janakpuri, New Delhi, City : Delhi, State : Delhi, Pin : 110058
9A (1St Floor), Kamla Nagar, City : Delhi, State : Delhi, Pin : 110007
A-16, Priyadarshini Vihar, Off. Sai Mandir, Laxmi Nagar, City : Delhi, State : Delhi, Pin : 110092
Unit No.C-40, Defence Colony,New Delhi, City : Delhi, State : Delhi, Pin : 110024
Bangalore40 Kempegowda Road, Bangalore, City : Bangalore, State : Karnataka, Pin : 560009
40/2,Brigade Road, Bangalore, City : Bangalore, State : Karnataka, Pin : 560001
Mumbai506, Gopi Kunj, Gopi Kunj, 506,, Chitrakar Dhurandhar Rd, Khar West, Mumbai, Maharashtra 400052
Pune16, Connaught Road, Pune, Alankar Cinema, Connaught Road, Pune, Maharashtra 41100
Kolkata60,Desbandhu Road(West),Kolkata, City : Kolkata, State : West Bengal, Pin : 700035
35/1/1B, B.T.Road, Kolkata, City : Kolkata, State : West Bengal, Pin : 700002
57,Cossipore Road, Kolkata, City : Kolkata, State : West Bengal, Pin : 700036
NagpurChandrapur – Mul – Nagbhir – Nagpur Hwy, Agrasen SQ, Gandhibagh, Nagpur, Maharashtra 440002
ChennaiNo.115,117, Armenian St, Parrys, George Town, Chennai, Tamil Nadu 600001
Coimbatore24/831-832,Oppankara Street, Coimbatore, City : Coimbatore, State : Tamil Nadu, Pin : 641001
Hyderabad4-3-331 Bank Street,Hyderabad, City : Hyderabad, State : Telangana, Pin : 500195
Dno.15/24/300, 300 MIG-I, KPHB Colony, Kukatpally, Dist. Hyderabad, Pin-500072, A.P., City : Hyderabad, State : Telangana, Pin : 500072
Plot No: 33& 34, Kesavareddy Complex, RTC Colony, LB Nagar, Hyderabad, Ranga Reddy(Dist), City : Hyderabad, State : Telangana, Pin : 500074
H.No.8-3-677/14, , Sree Krishnadevaraya Nagar, , Yellareddyguda,, City : Hyderabad, State : Telangana, Pin : 500073
ChandigarhSco/32/33/34, Sector-17C, Chandigarh, City : Chandigarh, State : Punjab, Pin : 160017
KanpurUbi Building, 28/93, Birhana Rd, Near PNB Bank, Naughara, General Ganj, Kanpur, Uttar Pradesh 208001
AhmedabadLal Darwaja,Relief Rd,Pbno.170,Ubi Bldg., Ahmedabad, City : Ahmedabad, State : Gujarat, Pin : 380001
32,New Brahmakshatriya Society, Pritamnagar,Ahmedabad, City : Ahmedabad, State : Gujarat, Pin : 380006
AurangabadA’bad Branch, Vinayak Rao Patil Chowk, Station Road, Osmanpura, Near Hotel Oberoy, Osmanpura, Aurangabad, Maharashtra 431005
BarodaTower Square, Near Tower, Opp. GEB Office Raopura, Vadodra, City : Baroda, State : Gujarat, Pin : 390001
2, Ground Floor, Savoy Complex,63, Haribhakti Extension,Old Padra Road,Vadodara—390007, City : Baroda, State : Gujarat, Pin : 390007
BhopalHotel Taj, 52 Hamidia Road, Bhopal, City : Bhopal, State : Madhya Pradesh, Pin : 462001
Plot-278, Zone-2, M.P.Nagar, Bhopal, City : Bhopal, State : Madhya Pradesh, Pin : 462011
BhubaneshwarMarket Building, Bhubaneswar,Orissa, City : Bhubaneswar, State : Orissa, Pin : 751009
Plot No.3,Nayapalli, Bhubaneswar, Khurda, City : Bhubaneswar, State : Orissa, Pin : 751012
CuttackNaya Sarak,Cuttack,Orissa, City : Cuttack, State : Orissa, Pin : 753002
P.O.Bhutmundei,Jagatsinghpur,Orissa, City : Cuttack, State : Orissa, Pin : 754141
Dehradun75/1, Arghar, Dharampur, Dist. Dehradun, Pin-248001, Uttarakhand, City : Dehra Dun, State : Uttarakhand, Pin : 248001
FaridabadA-3/1, Nehru Ground,N.I.Town, Faridabad, City : Faridabad, State : Haryana, Pin : 121001
GhaziabadNavyug Market, Ghaziabad,, City : Ghaziabad, State : Uttar Pradesh, Pin : 201001
NoidaN-21, Sector-18, Noida, Uttar Pradesh, City : Noida, State : Uttar Pradesh, Pin : 201301
GurgaonM-16,Old D.L.F.Colony,Gurgaon Mehrauli Road, Gurgaon, City : Gurgaon, State : Haryana, Pin : 122001
464 Mandir Marg, Vill. & Po: Kasan, Gurgaon, Haryana, City : Gurgaon, State : Haryana, Pin : 122051
GuwahatiG.N.Borodoloi Road, Panbazar, Guwahati, City : Guwahati, State : Assam, Pin : 781001
HosurK.P. Dam Road, Dist. Krishnagiri, Basthi, Hosur-635109, Tamil Nadu, City : Hosur, State : Tamil Nadu, Pin : 635109
IndoreUG-109-114 , Prem Trade Centre , Maharani Road, Indore, City : Indore, State : Madhya Pradesh, Pin : 452007
529, Khatwala Tank, Indore, M.P., City : Indore, State : Madhya Pradesh, Pin : 452014
jabalpur2049/2, M.B. Complex, Anand Nagar, Adhartal, City : Jabalpur, State : Madhya Pradesh, Pin : 482004
Market Hriday Sthall,Victoria Road, Jabalpur, City : Jabalpur, State : Madhya Pradesh, Pin : 482002
Jaipur24, Giridhar Marg, Sunder Nagar, Malviya Nagar, City : Jaipur, State : Rajasthan, Pin : 302017
JamshedpurSakchi, Jamshedpur, Jharkhand, City : Jamshedpur, State : Jharkhand, Pin : 831001
Kochi6/940, Seiken Chambers, Kannaur Road, Kozhikode, City : Kozhikode, State : Kerala, Pin : 673001
Lucknow551, J/22, Ram Prasad Khera, Talkatora Road, Alambagh, Lucknow, City : Lucknow, State : Uttar Pradesh, Pin : 226005
B-3/18, Sector-K Aliganj Lucknow-226024 , City : Lucknow, State : Uttar Pradesh, Pin : 226024
Ludhiana202 Sai Towers, Industrial Area -1 , Near Cheema Chowk , Opposit Police Post, Janakpuri, City : Ludhiana, State : Punjab, Pin : 141003
Madurai295 West Masi Street, Maduria, City : Madurai, State : Tamil Nadu, Pin : 625001
MangaloreNear Gokarnanatha Temple, Alake, Mangaluru, Karnataka 575003
Mysore110, sahukar chennaiah road,Thonachikoppal Lay Out,4Th Stage, Mysuru, Karnataka 570023
NashikShri Ganesh Bhuvan, Near Ved Mandir, Trimbak Road, Nasik, City : Nasik, State : Maharashtra, Pin : 422002
Navi MumbaiVashi Rd, Sector 15, Kopar Khairane, Navi Mumbai, Maharashtra 400709
PatnaPost Box No. 53, Abhay Bhavan, Frazer Road, Patna, Bihar 800001
DC-18, Akanchha Enclave, Kankarbagh, Lohia Nagar, Patna, Bihar 800020
RanchiP.Box No.94, Main Road,Ranchi, Jharkhand, City : Ranchi, State : Jharkhand, Pin : 834001
RaipurNH200, Janta Colony, Raipur, Chhattisgarh 492001
Sector-1, B/15,B/15, Main Road, Pandri, Devendra Nagar, Raipur, Chhattisgarh 492001
SuratTrividh Chambers, Trade House, Ring Rd, Jay Prakash Narayan Marg, Maan Darwaja, Singapuri Wadi, Aman Nagar, Surat, Gujarat 395002
ThanePuskraj Prasad Building, Vishnunagar, Off Gokhale Road, Veer Baji Prabhu Deshpande Rd, Naupada, Thane West, Thane, Maharashtra 400602
TrivandrumTC. 2/231, Maniveena, Pattom P.O, Kesavadasapuram, Thiruvananthapuram, Kerala 695004
Trichy16, Williams Road, kalaiaramzam Complaex, Cantonment, Tiruchirappalli, Tamil Nadu 620001
VizagM.V.R.Complex, Opp.Rtc Complex, Waltair Station Approach Rd, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016
VijayawadaNo.27-18-44,Congress Office Rd, Governorpet, Vijayawada, City : Vijaywada, State : Andhra Pradesh, Pin : 520002
Warangal11-23-1035, L.B. Nagar, Warangal, City : Warangal, State : Telangana, Pin : 506002
AllahabadP.B.No28,53,Leader Road, Allahabad,, City : Allahabad, State : Uttar Pradesh, Pin : 211003
Guntur24-2-128/1, 1St Floor, Patnam Bazar, Guntur, City : Guntur, State : Andhra Pradesh, Pin : 522003

Other Available Products of United Bank are :-

Source: United Bank of India Website