
IDBI Bank | Car Loan | 05-Mar,2021
About IDBI Bank: Industrial Development Bank of India, formally known as IDBI, is an Indian private sector bank owned by the Government of India. Its headquarters are located in Mumbai, Maharashtra. The bank was established on July 1, 1964.
Detail: Candidates should be at least 23 years of age and should not be above 55 years of age.
Annual Percentage Rate (APR): 7.50%
Minimum & Maximum period for repayment (Loan Tenure): 1 year to 7 years
Loan processing charges: Rs.2.500 plus taxes
Late Payment: --
Foreclosure Charges: --
Partpayment Charges: --
Maximum Loan Amount: --
Sector : Finance
Industry : Regional Banks
This bank is one of the other notable banks in India that offers a wide range of financial and banking products. In addition, this bank provides you with various types of loans in India, including personal loans, business loans, car loans, home loans, and others. This bank has a presence in almost all states and union territories of India. According to sources, M. R. Kumar currently holds the position of Chairman of IDBI Bank.
You will go on the Official website.
| IDBI Bank | ROI | Max Loan Amount | Tenure | Processing Fee | Late Payment | Foreclosure Charges | Partpayment Charges | |
|---|---|---|---|---|---|---|---|---|
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Personal Loan | 8.90% | 20 lakhs | 12 to 60 months | 1% of the loan amount + applicable taxes | -- | -- | -- |
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Car Loan | 7.50% | -- | 1 year to 7 years | Rs.2.500 plus taxes | -- | -- | -- |
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Business Loan | -- | Rs. 2 crore | 12 to 36 months | 1% of the loan amount excluding applicable taxes | -- | -- | -- |
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