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Union Bank of India - Car Loans


Union Bank of India offers car loans to help you purchase your dream vehicle with ease. Whether you want to buy a new car or a used one, Union Bank of India provides competitive interest rates and flexible repayment options.

Features of Union Bank of India Car Loans:

  • Loan Amount: Up to 90% of the on-road price of the car
  • Tenure: Up to 7 years
  • Competitive interest rates
  • Quick processing and approval
  • No prepayment charges
  • Easy repayment options

Eligibility Criteria:

  • Minimum age of the applicant: 21 years
  • Minimum annual income: ₹2.5 lakh
  • Employed or self-employed individuals

Documents Required:

  • Proof of identity (Aadhar Card, Passport, Driving License, etc.)
  • Proof of address (Electricity bill, Aadhar card, Passport, etc.)
  • Income proof (Salary slips, Income Tax Returns, etc.)
  • Bank statements
  • Passport size photographs

Apply for Union Bank of India Car Loan:

If you are interested in applying for a car loan from Union Bank of India, you can visit their nearest branch or apply online through their official website. Make sure to have all the necessary documents and meet the eligibility criteria before applying.

For more details, visit Union Bank of India Retail Loan


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