Syndicate Bank Car Loan Interest Rates
Syndicate Bank Car Loan Interest Rates
| Interest Rate | 10.35% (Base Rate + 0.65%) |
| Maximum Loan Amount | Maximum loan amount offered to a borrower is either: In case the borrower is a Corporate entity, then only 85% of On road price is offered as loan (if the value is above Rs.25 lakhs) |
| Minimum & Maximum Car Loan Tenure | Minimum Tenure - 12 months Maximum Tenure - 84 Months (7 years) |
| Processing Fees/Charge | |
| Documentation Charges | For a loan amount below Rs. 2,00,000 - Nil For loan amount above Rs. 2,00,000 the documentation charge is Rs. 100 per lakh with a maximum amount capped at Rs. 1250. |
| EMI per Lakh | Rs. 1678/-* (for a 7 year loan tenure at 10.35% interest) |
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