COMPARE : CAR LOANS
Catholic Syrian Bank Car Loan
Introduction
Catholic Syrian Bank offers car loans for vehicles purchased for personal use. The maximum loan amount limit is 80% of Invoice Value and road tax. Invoice Value includes Excise duty, Sales tax etc. However it excludes insurance, registration and other incidental charges. Banks keep hypothecation of the Vehicle as security. The bank also offers a loan scheme known as VIP Car Loan designed for individuals/groups having a fund limit of not less than Rs 25 lakhs. This loan can also be taken for buying vehicles for the personal use.
Highlights
  New Car Used Car
Loan Type Term Loan
Ex-Showroom/On Road On Road
Loan Amount The maximum limit is 80% of Invoice Value and road tax. Invoice Value includes Excise duty, Sales tax etc. but excludes insurance, registration and other incidental charges.
Tenure Min. - 12 months.
Max. - 60 months.
Interest Rate 11 %  
Time to Process Loan 7 days  
Preferred Manufacturers Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, HINDUSTAN MOTORS, Honda, Hyundai, Mahindra, Maruti, Mercedes-Benz, Mitsubishi, Nissan, Reva, SAN Engineering, Skoda, Tata Motors, Toyota  
 Fees & charges
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