Nainital Bank Car loans | Interest Rates | Eligibility | Information
Nainital Bank offers car loan schemes at lowest interest rates. Get details on Eligibility, EMI, Loan amount, Documents of Suhana Safar loan scheme. Calculate EMI for loan online with Deal4loans.com
Max loan Amount:
- for new vehicle – Rs. 15 lac (upto 90% of the cost)
- for old vehicle – (not more than 3 year old) Rs. 5 lac / (upto 75% of the valued cost)
Interest Rates of Suhana Safar Car loan scheme of Nainital Bank Ltd.:
SUHANA SAFAR
Car Loan Scheme |
Individual | 11.50% |
Proprietorship/
Partnership Firms/ Private & Public Ltd. Co. |
Repayment
The total deductions including installment of proposed Car Loan should not exceed 60% of gross total income.
Income of spouse may be added to access calculate. In such cases income of spouse should stand as additional guarantor.
For Farmers
The repayment may be fixed on half yearly basis considering the cropping pattern and interest applied at monthly basis. Which is to be serviced on half yearly basis separately.
Repayment Options/ Tenure [max period]
- New Vehicle 84 EMI
- Old Vehicle 36 EMI
Note
Third party guarantee in deserving cases may be relaxed by HO, Executives & AGM.