Aradhya ChatterjeeAsked on 15 February, 2019
What is the processing fee and other charges for HDFC car loan?
Processing fee is 0.4% of the loan amount subject to minimum of Rs. 3000 and maximum of Rs. 10,000. Documentation charges are Rs. 630. No foreclosure allowed within 6 months from date of availing the car loan; post this period, 3-6% of principal oustanding is charged for pre-closures.
Aaradhya SharmaAsked on 15 February, 2019
Does ICICI Bank offer loans for used cars?
Yes, ICICI Bank also offers cars loans for pre-owned (second hand) cars. Loan amount offered is up to 80% of the valuation of the car. Loan tenure ranges up to 5 years.
Pari YadavAsked on 15 February, 2019
What is the maximum loan amount offered by Central Bank for used cars?
The Central Bank of India also provides loans for purchasing old or second-hand four-wheeler vehicles. The maximum loan amount for old cars is Rs. 10 lakh.
Paridhi GuptaAsked on 15 February, 2019
What are some best banks for car loans?
Almost all banks offer car loans: Here are some top ones: State Bank of India, Bank of India, Central Bank of India, HDFC Bank, Punjab National Bank, IDBI Bank, ICICI Bank, and Axis Bank among others.