Central Bank Car Loan Interest Rates

Interest Rate 9.90%
Loan amount up to Rs. 75 lakhs
Minimum & Maximum Car Loan Tenure Minimum Tenure - 12 months Maximum Tenure - 84 Months (7 years)
Documentation charges Up to Rs. 1 lakh – Rs. 100 Rs.1 lakh up to Rs. 10 lakh – Rs.300 Above Rs.10 lakh – Rs. 500
Foreclosure/ Pre-payment Charges A1% of the outstanding amount (principal)
Lowest EMI per Lakh (for maximum loan tenure of 5 years) Rs. 2174*


Sign up to our


Tax news for chartered accountants, businesses and individual.