Here’s the List of Best Banks for Car loans in Jammu:
Bank Name | Jammu |
J & K Bank | Nanak Nagar, Jammu, Jammu and Kashmir 180004 |
Jammu and Kashmir Bank | Ashok Nagar, Jammu, Jammu and Kashmir 180003 |
Corporation Bank | OB24, Railhead Complex, Near Panama Chowk, Jammu, Jammu and Kashmir 180006 |
State bank of india | Channi Himmat, Jammu, Jammu and Kashmir 180015 |
Reserve Bank of India | Railway Rd, Trikuta Nagar, Jammu, Jammu and Kashmir 180004 |
Punjab National Bank | Nawabad, Jammu, Jammu and Kashmir 180016 |
Oriental Bank of Commerce | Trikuta Nagar, Jammu, Jammu and Kashmir 1800 180 1235 |
Jammu and Kashmir Bank | Ashok Nagar, Jammu, Jammu and Kashmir 180003 |
J&K Bank | Paloura Top, Paloura, Jammu, Jammu and Kashmir 181124 |
Jammu and Kashmir Bank | Jammu University, Jammu, Jammu and Kashmir 180006 |
Punjab National Bank | Shalamar, Old Heritage City, Jammu, Jammu and Kashmir 180001 0191 254 7044 |
State Bank of India | sanjay nagar, near nirankari bhawan, Jammu, Jammu and Kashmir |
HDFC Bank | C/o Hotel Vivek, Near General Bus Stand, Below Gumat, Jammu, Jammu and Kashmir 180001 |
J&K BANK | Jammu, Jammu and Kashmir 181132 |
ICICI Bank | Vyas Plaza, Shop No. 32-35, Satwari Chowk, Satwari, Jammu, Jammu and Kashmir 180003 |
Benefits :
Firstly, it enables you to buy a better car than you could otherwise afford. Trying to save money by buying an older model can result in more costly repairs being needed, which all amounts to a false economy in the long run. Taking out a car loan also means you can spread the cost over a longer period of time, which in turn makes your car much easier to pay for - and you will always know where you stand with your monthly payments. You'll also know exactly how long you'll be paying the loan for until it's completed.
Banks/Rates | HDFC Bank | Kotak | Axis Bank | State Bank of India (SBI) |
New Car Loan |
9.45% - 12.50% | 11.50% - 13.50% | 9.40% - 12.00% | 9.45%( for WOMEN) 9.50%( for Others) |
Processing Fee | Up to 2.5 Lakhs: Rs. 3220/-, (Above 2.5 Lac, Rs.4390/- to Rs.5870/-) | Rs.3300/- to Rs.4750/- | Rs.3500/- to Rs.5500/- | Nil |
How Much Salary or Income Required Getting Car loans in Jammu Minimum 15000 per month income required for getting loans from bank to purchase a dream car in Jammu. Documents you will need to submit for Apply Car loan in Jammu: · Proof of Identity: Passport copy, PAN Card, Voters Id card, driving licence( Laminated, Recent, Legible) · Income Proof: Latest salary slip with form 16 / Audited balance sheet, Profit & Loss Account for latest two years/ Have a minimum turnover of Rs. 4,50,000 per annum / Audited balance sheet, Profit & Loss Account for latest two years and the latest 2 years IT returns of the company / Latest ITR · Address Proof: Ration card/Driving licence/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card. · Bank Statement: Last 6 months |
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HDFC Bank ICICI Bank Kotak Mahindra SBI Magma Fincorp |