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 · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,

Mar 26, 2020

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Page 1:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,
Page 2:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,
Page 3:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,
Page 4:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,

• Affordable EMI @8.65% (* low risk)

• Rs 2059 per lakh for Two Wheeler (60 months)

• Rs 1591 per lakh for Car loan (84 months)

Page 5:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,

Purpose :Loan to purchase new 2 Wheeler or 4 Wheelers for personal use.

Eligibility: All Individuals age 18 Years to 65 Years who are permanent salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members.

Income of co borrowers (father, mother, spouse, son, daughter,sister, brother) may be clubbed to calculate eligible loan amount.

Quantum of Loan Amount:

Salaried persons – 24 months gross monthly salary Other individuals – 2 times average annual income as per IT return of last 3 years.

Page 6:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,

CENT VEHICLE

• Other features Two wheeler Four Wheeler • Maximum loan amount : Rs.10 lac Rs 75 Lac • Minimum Income yearly: Rs 1,20,000 Rs 2,40,000 • Repayment Period: - 60 months 84 months • Subject to maximum period up to the borrower reaching

the age 70 years. • No Guarantee up to Rs 5 lakh • Guarantee above Rs 5 lakh required, but exempted on

banks terms & conditions. • Security : Hypothecation of Vehicle with our banks

charge with RTO.

Page 7:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,
Page 8:  · salaried employees of Central / state Govt, Defence, PSUs , Large Corporates, Farmers , Self Employed, NRI & Staff Members. Income of co borrowers (father, mother, spouse, son,

•For more details contact

Nearest Branch

• Branch details available on

Bank’s website…

https://www.centralbankof india .co.in