Request received - loud & clear!
Returning you to where you were...
Syndicate Bank offers car loans to its customers looking to purchase either a new car or a pre-owned car. The lender offers car loans with interest rates ranging between 9.1% p.a. and 9.35% p.a. and repayment tenures of up to 7 years.
The rate of interest charged on the car loan availed will depend on factors such as the loan amount, the repayment tenure, credit score, etc.
Features | Car Loan |
---|---|
Interest rates |
Up to 9.35% |
Loan tenure |
Up to 7 years |
Processing fee |
|
Loan amount |
|
EMI per lakh |
Rs.808 (at 9.15% p.a. interest rate for a 7-year tenure) |
Documentation charges |
|
Inspection charges |
|
Given below are the eligibility criteria you will have to fulfill in order to be eligible for a Syndicate Bank car loan:
The cutbacks you should be aware of while applying for a Syndicate Bank car loan are given below:
In case you have a query, which has not been attended to or the solution provided is not satisfactory, then you can approach the branch manager by visiting the nearest Syndicate Bank branch or the branch from where you availed the car loan. If the branch manager fails to address your complaint, you can escalate the issue by approaching the regional manager at their contact address. If your complaint is still unresolved, you can then further escalate the matter by approaching the lender’s Controlling Authority/Nodal Officer at the Corporate Office at the address provided below:
Mr. Indersain Baluja General Manager Syndicate Bank, Corporate Office Business Strategy & Planning Department Syndicate Bank Building, 2nd Cross, Gandhinagar Bengaluru - 560009 Phone: 080-22260281 Fax: 080-22208960 Email: syndcare@syndicatebank.co.in
In case your complaint is still not addressed, you can write a mail to the Chairman and Managing Director of the Bank or approach Shri Suresh S. Savekar, the Internal Ombudsman appointed by the bank.
You can visit the official website of Syndicate Bank, and under the ‘loan’ section locate ‘vehicle loan’ to apply for a car loan. You will have to upload the relevant documents and provide correct details. The documents and details provided will be verified post which the bank will disburse the loan amount to your account provided you meet the eligibility criteria and the details provided by you are correct.
Yes, you can apply for a Syndicate Bank car loan offline by visiting the nearest Syndicate Bank branch. You must ensure you carry all the relevant documents along with you so that the process of applying for a car loan is quick. An official will assist you with the whole process and ensure that your application for a car loan is approved at the earliest.
Your credit score is of utmost importance while applying for a Syndicate Bank car loan. It is important you keep a credit score of 750 and above so that not only does the bank approve your car loan application at the earliest but also charge you a lower rate of interest on your loan amount. Having a high credit score gives the lender the impression that you will be able to repay the loan amount in time, due to which the chances of your car loan getting approved, and you getting a lower interest rate, increase.
Display of any trademarks, tradenames, logos and other subject matters of intellectual property belong to their respective intellectual property owners. Display of such IP along with the related product information does not imply BankBazaar's partnership with the owner of the Intellectual Property or issuer/manufacturer of such products.
Gain an edge by connecting with us via email. We promise never to spam you.
Request received - loud & clear!
Returning you to where you were...
Psst... We'll ensure you're the very first to know the moment rates change.
We'll email you immediately! You snooze, you lose.