Punjab National Bank Car Loan | PNB Bank Car Loan Interest Rate | Complete Details - BankBazaar

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Punjab National Bank Car Loan

Punjab National Bank (PNB) car loans are available for purchase of New Car/ Van/ Jeep/ Multi Utility Vehicle (MUV)/ Sports Utility Vehicle (SUV) or for old vehicles that are not older than 3 years. Finance will be provided for purchase of vehicle of indigenous/ foreign makes. Loans are provided for inidividual use as well as commercial/business use

Amount of loans for individuals is 25 times of the monthly net salary OR Rs.25 lacs (for one or more vehicles), whichever is lower. Income of parent(s) / spouse can be taken into account for determining loan amount. In such cases, the parent(s)/ spouse shall stand as additional guarantor.

Details of PNB Car Loan. Use our calculator to compare offers from multiple banks
Interest Rate (Daily reducing balance)	11% fixed
Processing Fees	1% of loan amount with a max of Rs. 6000
Loan Tenure	1 year to 7 years for new vehicles 1 year to 5 years for old vehicles
Loan Amount	Upto 80% financing for new vehicles Upto 70% financing for old vehicles.
Guarantor Requirement	Guarantee of spouse, if employed/ earning or third party guarantee OR Collateral Security in the shape of either Immovable Property or Liquid Security equivalent to 100% of loan amount Additional guarantee of parent(s)/ spouse to be taken incase their income has been taken account for determining loan amount

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Recently made loan offers

Rs.3.90 lakhs for Rs.10,175 EMI

9.75% Rate 36 Tenure

Total Interest PayableRs. 98,386

Total Tax + FeesRs. 7,800

Total Interest + FeesRs. 106,186

Submitted 8 minutes ago

Rs.5.65 lakhs for Rs.14,740 EMI

9.50% Rate 36 Tenure

Total Interest PayableRs. 142,534

Total Tax + FeesRs. 11,300

Total Interest + FeesRs. 153,834

Submitted 15 minutes ago

Rs.6.15 lakhs for Rs.20,134 EMI

9.50% Rate 36 Tenure

Total Interest PayableRs. 109,835

Total Tax + FeesRs. 12,300

Total Interest + FeesRs. 122,135

Submitted 55 minutes ago

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    <option value="2">Feb</option>
    <option value="3">Mar</option>
    <option value="4">Apr</option>
    <option value="5">May</option>
    <option value="6">Jun</option>
    <option value="7">Jul</option>
    <option value="8">Aug</option>
    <option value="9">Sep</option>
    <option value="10">Oct</option>
    <option value="11">Nov</option>
    <option value="12">Dec</option>

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    <option value=""
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    <option value="2010">2010</option>
    <option value="2009">2009</option>
    <option value="2008">2008</option>
    <option value="2007">2007</option>
    <option value="2006">2006</option>
    <option value="2005">2005</option>
    <option value="2004">2004</option>
    <option value="2003">2003</option>
    <option value="2002">2002</option>
    <option value="2001">2001</option>
    <option value="2000">2000</option>
    <option value="1999">1999</option>
    <option value="1998">1998</option>
    <option value="1997">1997</option>
    <option value="1996">1996</option>
    <option value="1995">1995</option>
    <option value="1994">1994</option>
    <option value="1993">1993</option>
    <option value="1992">1992</option>
    <option value="1991">1991</option>

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        </td>
        <td>
            <span style="margin-right:7px;">EMI</span>
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        <td>
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            <span class="addRel"> | <a class="bankrel brel" href="#" onclick="add('{1}');">Add another</a></span></span>
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    </tr>

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