United Bank of India Car Loan – Interest Rates Dec 2018, EMI Eligibility

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 Rates 8.85% – 8.90%
Repayment Period 7 Years
Lowest EMI per Lakh Rs. 1,601
Maximum loan amount Upto 40 Lakh
PROCESSING CHARGES 0.59% of the loan amount
Minimum Income Per Month Rs.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
Year Principal Interest Balance Amount
1 Rs. 149,572 Rs. 74,096 Rs. 750,428
2 Rs. 163,437 Rs. 60,231 Rs. 586,991
3 Rs. 178,593 Rs. 45,075 Rs. 408,398
4 Rs. 195,154 Rs. 28,514 Rs. 213,244
5 Rs. 213,381 Rs. 10,420 Rs. 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 Vehicle Number of EMI
New Vehicle Maximum 84 Months
Old Vehicle upto 2yrs old Maximum 60 Months
Old Vehicle 2yrs and upto 4yrs old Maximum 36 EMI

No Penalty is charged for early repayment of the loan

Branch address of United Bank for avail Car Loans

City Branch Address
Delhi Modi 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
Bangalore 40 Kempegowda Road, Bangalore, City : Bangalore, State : Karnataka, Pin : 560009
40/2,Brigade Road, Bangalore, City : Bangalore, State : Karnataka, Pin : 560001
Mumbai 506, Gopi Kunj, Gopi Kunj, 506,, Chitrakar Dhurandhar Rd, Khar West, Mumbai, Maharashtra 400052
Pune 16, Connaught Road, Pune, Alankar Cinema, Connaught Road, Pune, Maharashtra 41100
Kolkata 60,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
Nagpur Chandrapur – Mul – Nagbhir – Nagpur Hwy, Agrasen SQ, Gandhibagh, Nagpur, Maharashtra 440002
Chennai No.115,117, Armenian St, Parrys, George Town, Chennai, Tamil Nadu 600001
Coimbatore 24/831-832,Oppankara Street, Coimbatore, City : Coimbatore, State : Tamil Nadu, Pin : 641001
Hyderabad 4-3-331 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
Chandigarh Sco/32/33/34, Sector-17C, Chandigarh, City : Chandigarh, State : Punjab, Pin : 160017
Kanpur Ubi Building, 28/93, Birhana Rd, Near PNB Bank, Naughara, General Ganj, Kanpur, Uttar Pradesh 208001
Ahmedabad Lal 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
Aurangabad A’bad Branch, Vinayak Rao Patil Chowk, Station Road, Osmanpura, Near Hotel Oberoy, Osmanpura, Aurangabad, Maharashtra 431005
Baroda Tower 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
Bhopal Hotel 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
Bhubaneshwar Market Building, Bhubaneswar,Orissa, City : Bhubaneswar, State : Orissa, Pin : 751009
Plot No.3,Nayapalli, Bhubaneswar, Khurda, City : Bhubaneswar, State : Orissa, Pin : 751012
Cuttack Naya Sarak,Cuttack,Orissa, City : Cuttack, State : Orissa, Pin : 753002
P.O.Bhutmundei,Jagatsinghpur,Orissa, City : Cuttack, State : Orissa, Pin : 754141
Dehradun 75/1, Arghar, Dharampur, Dist. Dehradun, Pin-248001, Uttarakhand, City : Dehra Dun, State : Uttarakhand, Pin : 248001
Faridabad A-3/1, Nehru Ground,N.I.Town, Faridabad, City : Faridabad, State : Haryana, Pin : 121001
Ghaziabad Navyug Market, Ghaziabad,, City : Ghaziabad, State : Uttar Pradesh, Pin : 201001
Noida N-21, Sector-18, Noida, Uttar Pradesh, City : Noida, State : Uttar Pradesh, Pin : 201301
Gurgaon M-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
Guwahati G.N.Borodoloi Road, Panbazar, Guwahati, City : Guwahati, State : Assam, Pin : 781001
Hosur K.P. Dam Road, Dist. Krishnagiri, Basthi, Hosur-635109, Tamil Nadu, City : Hosur, State : Tamil Nadu, Pin : 635109
Indore UG-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
jabalpur 2049/2, 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
Jaipur 24, Giridhar Marg, Sunder Nagar, Malviya Nagar, City : Jaipur, State : Rajasthan, Pin : 302017
Jamshedpur Sakchi, Jamshedpur, Jharkhand, City : Jamshedpur, State : Jharkhand, Pin : 831001
Kochi 6/940, Seiken Chambers, Kannaur Road, Kozhikode, City : Kozhikode, State : Kerala, Pin : 673001
Lucknow 551, 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
Ludhiana 202 Sai Towers, Industrial Area -1 , Near Cheema Chowk , Opposit Police Post, Janakpuri, City : Ludhiana, State : Punjab, Pin : 141003
Madurai 295 West Masi Street, Maduria, City : Madurai, State : Tamil Nadu, Pin : 625001
Mangalore Near Gokarnanatha Temple, Alake, Mangaluru, Karnataka 575003
Mysore 110, sahukar chennaiah road,Thonachikoppal Lay Out,4Th Stage, Mysuru, Karnataka 570023
Nashik Shri Ganesh Bhuvan, Near Ved Mandir, Trimbak Road, Nasik, City : Nasik, State : Maharashtra, Pin : 422002
Navi Mumbai Vashi Rd, Sector 15, Kopar Khairane, Navi Mumbai, Maharashtra 400709
Patna Post Box No. 53, Abhay Bhavan, Frazer Road, Patna, Bihar 800001
DC-18, Akanchha Enclave, Kankarbagh, Lohia Nagar, Patna, Bihar 800020
Ranchi P.Box No.94, Main Road,Ranchi, Jharkhand, City : Ranchi, State : Jharkhand, Pin : 834001
Raipur NH200, Janta Colony, Raipur, Chhattisgarh 492001
Sector-1, B/15,B/15, Main Road, Pandri, Devendra Nagar, Raipur, Chhattisgarh 492001
Surat Trividh Chambers, Trade House, Ring Rd, Jay Prakash Narayan Marg, Maan Darwaja, Singapuri Wadi, Aman Nagar, Surat, Gujarat 395002
Thane Puskraj Prasad Building, Vishnunagar, Off Gokhale Road, Veer Baji Prabhu Deshpande Rd, Naupada, Thane West, Thane, Maharashtra 400602
Trivandrum TC. 2/231, Maniveena, Pattom P.O, Kesavadasapuram, Thiruvananthapuram, Kerala 695004
Trichy 16, Williams Road, kalaiaramzam Complaex, Cantonment, Tiruchirappalli, Tamil Nadu 620001
Vizag M.V.R.Complex, Opp.Rtc Complex, Waltair Station Approach Rd, Dwaraka Nagar, Visakhapatnam, Andhra Pradesh 530016
Vijayawada No.27-18-44,Congress Office Rd, Governorpet, Vijayawada, City : Vijaywada, State : Andhra Pradesh, Pin : 520002
Warangal 11-23-1035, L.B. Nagar, Warangal, City : Warangal, State : Telangana, Pin : 506002
Allahabad P.B.No28,53,Leader Road, Allahabad,, City : Allahabad, State : Uttar Pradesh, Pin : 211003
Guntur 24-2-128/1, 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