Oriental Bank of Commerce Car Loan Interest Rates

Oriental Bank of Commerce Car Loan Interest Rates

Base Rate 9.10%
Rate of Interest
  • If the loan tenure chosen by the customer is within 36 months then - 10.20%
  • If the loan tenure chosen by the customer is above 36 months (within 84 months) then - 10.45%
Processing Fee Nil
Loan Amount A maximum of Rs. 100 lakhs
Loan Tenure Up to 84 months
Income criteria A gross amount of Rs. 20000 per month
Prepayment Charge Nil
Documentation Charge Nil
Up front fee Nil
Margin 15% on on-road cost