Car Loan

Car Loan

Get your dream car from CSB Bank.

Salient Features

  • Customized loan facility.
  • Upto 100% On-road funding
  • Loan tenure upto 8 years
  • Flexible repayment schedule and attractive interest rates
  • Minimum Documentation & Quick Processing.

With a branch network of more than 840 branches across the country, CSB covers every corner of our country.

Eligible Profile

  • Profiles – Individual (Salaried, Self Employed), Proprietor, Pvt Ltd, Ltd.
  • Minimum Income Norms - Rs. 5 Lacs for Salaried, Rs. 3 Lacs for Non-Salaried.
  • Loans offered
  • • New Car Loan.

    • Electric Vehicle Loan.

    • Used Car Loan.

  • Funding Details
  • • For New Car Loans-90% to 100% On-road funding*

    • For Used Car Loans-80% of IDV – Insurance Derived Value by Insurer.

  • Repayment period upto 96 months for New Car Loans & For Used Car Loans upto 60 months
    (Car age the end of loan should not be more than 8 years)
  • Competitive interest rates
  • Minimum Documentation
  • Faster TAT
  • Structured EMI Schemes*
  • No Hidden Costs.

Documentation

  • KYC documentation of individual, firm, & company (Directors of the Co.)
  • Latest Salary Slip.
  • Bank statement
  • Proof of residence
  • Track record
  • GST Registration certificate
  • Other documents as required by the bank
  • Income tax return documents of the past two financial years along with calculated income, audited balance sheet, and profit & loss ledger.
  • Bank Statement for last 1 year of all banking accounts

Interest Rates – New Car

 
Tenure Rate of Interest
<=36 Months One Yr MCLR
>36 - 60 Months Starting from 9.30%
>60 Months Starting from 9.45%

Interest Rates – Used Car

 
Tenure Rate of Interest
<=36 Months Starting from 14.00%
>36 - 60 Months Starting from 14.00%

Note :- All loans at the discretion of the bank | Interest rates are subject to change.

EMI Calculator

1L
5Cr

360
6%
18%

Equated Monthly Installment (EMI) will be ₹ 0


+91

Enter the contents from the box on the left and submit

For customer / dealer enquiries, please contact us at twloans@csb.co.in