Union Bank Car Loan Interest Rates, EMI, Eligibility

Are you looking for Union Bank Car loan interest rates? Find details on EMI ✓ Eligible Loan amount within seconds ✓ Processing Fees ✓ Interest Rates ✓ Documents ✓ Status ✓ Application Form ✓ Fees & charges ✓ Customer care Number online ✓ Best Offers ✓ Apply Online Now at emicalculator-india.com

Union bank is an nationalized bank with good reputation all over the India. You can avail vehicle loan to purchase of new or old (up to 3 years) four-wheeler.

Union Bank Car Loan Quick Apply

Professional Details
Loan Amount
Yearly Income
Disclaimer: We do not provide Car Loans but help you to connect with banks to get best deals.
All loans are on sole discretion on the respective banks

Point to point detail about Union bank Car loan

Interest Rates 8.60% – 8.70%
Rates For Pre-used Car 11.60% – 11.70%
Processing Fees N.A
Minimum Income Rs 12000
Minimum Age 21 Years
Maximum Loan Amount 1.25 Crore
Minimum Loan Amount 1 Lakh
Repayment 7 Years for 4 Wheeler, 3 Years for 2 Wheeler
Pre Payment charges 2.00% of outstanding amount

Union Bank Car Loan EMI Calculator
borrowers can use this calculator for calculation of loan emi’s online within seconds. Just insert required loan amount, Interest rate & no. of period for repayment.

For Example, A person who took 6 lakh for 5 years at 8.70% rate of interest, have to pay around Rs 12,339 per month emi for next 60 months. In this period the total amount which will be returned to bank is Rs 7,40,331. It mean’s he have to pay Rs 1,40,331 as interest to bank.

What are the stages involved in taking a car loan from Union Bank?

There are three main stages –
Application – Whereby you submit a completely filled in application with all necessary documents
Sanction – Whereby you get an approval for a specific loan amount based on the value of your property and repayment capabilities
Disbursement – Whereby the loan amount is disbursed.
Explore More Products Of Union Bank

  1. Union Bank Personal Loan
  2. Union Bank Home Loan
  3. Union Bank of India Gold Loan
  4. Union Bank of India Loan Against Property