Andhra Bank Car Loan
Features: Called the AB Vehicle loan, one can get up to 90 per cent of the cost of vehicle as a loan. One can get a loan for new as well as old cars. Processing and administrative charges are applicable.
Processing Fees: upto Rs 25000: Rs 250, above Rs 25000-Rs 50000: Rs 500, above Rs 50000- Rs 75000: Rs 750, above Rs 75000- Rs 1000
Prepayment Charges: 2% on principal amount prepaid.
Down-payment: 40%
Max Tenure: 4
| Plan | Interest Rate Min | Interest Rate Max | EMI | Processing Fee |
|---|
Andhra Bank - Old - Floating
11.5
11.5
2609
upto Rs 25000: Rs 250, above Rs 25000-Rs 50000: Rs 500, above Rs 50000- Rs 75000: Rs 750, above Rs 75000- Rs 1000
| Andhra Bank - Old - Floating | 11.5 | 11.5 | 2609 | upto Rs 25000: Rs 250, above Rs 25000-Rs 50000: Rs 500, above Rs 50000- Rs 75000: Rs 750, above Rs 75000- Rs 1000 |
Andhra Bank - New - Floating
11.5
11.5
2609
upto Rs 25000: Rs 250, above Rs 25000-Rs 50000: Rs 500, above Rs 50000- Rs 75000: Rs 750, above Rs 75000- Rs 1000
| Andhra Bank - New - Floating | 11.5 | 11.5 | 2609 | upto Rs 25000: Rs 250, above Rs 25000-Rs 50000: Rs 500, above Rs 50000- Rs 75000: Rs 750, above Rs 75000- Rs 1000 |


