Union Bank of India Car Loan
Union Bank of India offers Union Miles scheme for the purchase of new or old (up to 3 years) four-wheeler, and you can also avail this loan to purchase a new two-wheeler.
  New Car Used Car
Loan Type Term Loan Term Loan
Ex-Showroom/On Road On Road On Road
Loan Amount Maximum loan limit for new vehicles is Rs. 75 lakhs for four wheelers and Rs. 1lakhs for 2 wheeler. Maximum loan limit for old vehicles is Rs. 10 lakhs.
Tenure Min. - 12 months.
Max. - 84 months.
Min. - 12 months.
Max. - 60 months.
Interest Rate 10.7 % 15.5 %
Time to Process Loan 7 days 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 Bajaj, Chevrolet, FIAT, Ford, GENERAL MOTORS INDIA, Hero Honda, HINDUSTAN MOTORS, Honda, Hyundai, Indus, Kinetic, Mahindra, Maruti Suzuki, Mercedes Benz, Mitsubishi, Nissan, Reva, Royal Enfield, SAN Engineering, Skoda, Suzuki, Tata Motors, Toyota, TVS, Yamaha
 Fees & charges
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