Bank Of Maharashtra Car Loan
Features: The bank offers loans for purchase of new as well as new or old four-wheelers for salaried and self-employed individuals as well as professionals. One can get up to 18 times of monthly gross emoluments or 1.50 times of average annual income as per their last three balance-sheets and P & L account.
Processing Fees: Rs 2000
Prepayment Charges: Nil
Down-payment: 50%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Bank of Maharashtra - Old - Floating
13.5
13.5
2708
Rs 2000
| Bank of Maharashtra - Old - Floating | 13.5 | 13.5 | 2708 | Rs 2000 |
Bank of Maharashtra - New - Floating
11.0
11.0
2585
Rs 2000
| Bank of Maharashtra - New - Floating | 11.0 | 11.0 | 2585 | Rs 2000 |


