Punjab National Bank Car Loan Eligibility

Will you please give me the Punjab National Bank Car Loan Eligibility, Margin, interest rates?

[Saksham]

You are looking for the Punjab National Bank Car Loan Eligibility, Margin, interest rates, I am giving here:

Car Loan:

Eligibility:
The applicant is as well as Business Concerns (Corporate or non-corporate).

The applicant should have minimum net monthly salary / pension / income – 20000/-. Income of spouse /Parent can be added.

Margin

For New Vehicles: 15%
For Old Vehicles: 30%
Under Tie-up Arrangement: 10%

Interest rates:

BPLR System
Less than 3 yrs 10.50%
3 yrs & above 11.00 %

Base Rate System
Less than 3 yrs BR+1.00 %
3 yrs & above BR+1.50 %