Union Bank Of India Car Loan
Features: Under the 'Union Miles' scheme, one can get a loan for purchase of new two/four wheelers, for personal or professional use. One can also get a loan for old vehicles. One needs to provide guarantee of the spouse. In case unmarried, third party guarantee with sufficient means.
Processing Fees: Rs. 500/- for loans upto Rs. 2 Lakhs, Rs. 1000/- for loans above Rs. 2 Lakhs.
Prepayment Charges: Nil
Down-payment: 50%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Union Bank of India - Old - Fixed
13.25
13.25
2695
Rs. 500/- for loans upto Rs. 2 Lakhs, Rs. 1000/- for loans above Rs. 2 Lakhs.
| Union Bank of India - Old - Fixed | 13.25 | 13.25 | 2695 | Rs. 500/- for loans upto Rs. 2 Lakhs, Rs. 1000/- for loans above Rs. 2 Lakhs. |
Union Bank of India - New - Fixed
11.0
11.0
2585
Rs. 500/- for loans upto Rs. 2 Lakhs, Rs. 1000/- for loans above Rs. 2 Lakhs.
| Union Bank of India - New - Fixed | 11.0 | 11.0 | 2585 | Rs. 500/- for loans upto Rs. 2 Lakhs, Rs. 1000/- for loans above Rs. 2 Lakhs. |