Vijaya Bank offers attractive car loan schemes to its customers for the purpose of purchase of new cars as well as for purchase of used cars, which are 5 years old or less. The repayment period is flexible and as high as 84 months of repayment period. The Bank also offers a high loan quantum of up to 85% of the invoice value of new vehicle to borrowers. In certain cases 100% finance is offered to applicants who belong to the following categories:
In order to be eligible for a Vijaya Bank Car Loan, you must meet the following prerequisites:
You do not have to visit Vijaya Bank Bank branches or wait for the Bank’s executives to get in touch with you, in order to know whether you are eligible for a Vijaya Bank car loan. You can simply use the online car loan eligibility calculator tool to find out your eligibility. It is quicker and uncomplicated to use, and offers you instant results that will help you zero-in on your application process faster. All you have to do is put in information such as: make and model of the car you wish to purchase, the loan quantum, loan tenure, your personal details such as age, income, etc. and then click the “calculate” tab. The results page will show whether you are eligible or not.
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