Andhra Bank Car Loan Interest Rate and Charges

New Cars Used Cars
10.75 % 12.25 %


Andhra Bank is a medium sized public sector bank which was founded by freedom  fighter and a multifaceted genius, Dr. Bhogaraju Pattabhi Sitaramayya. The Bank was registered on 20th November 1923 and commenced business on 28th November 1923.  It has 1938 branches, 15 extension counters, 38 satellite offices and 1098 automated teller machines (ATMs) as on 31 March 2012. The bank now operates in 25 states and three Union Territories.

Why Andhra Bank Car Loan?

Nowadays, no one wants to travel on public transport and it's the major reason that people and buying more and more cars.  But one can find many people who do not have adequate funds to pay for the vehicle.  So, people are turning into car loans to get finance for the vehicle. The Andhra bank Car Loan Scheme is the best financing option that offers you money required for the desired car at low interest rates. The scheme offers you the loan at a wide range of cars sold in the market.


Things to check before you apply for car loan

  1. Documents
  2. Eligibility
  3. Features
  4. Charges
  5. Interest Rate


Features and Benefits of an Andhra Bank Car Loan from

  1. No Advance EMI
  2. Tenure upto 84 months
  3. No hidden charges
  4. Offers low rate of interest
  5. Loans for one-time road tax, insurance premium, registration fee and accessories.
  6. No pre-payment penalty
  7. Interest Calculated on Daily Reducing Balance


Leading Car Loan Providers

  1. HDFC Car Loan
  2. Bank of Baroda Car Loans
  3. Canara Bank Car Loan
  4. Indusind Bank Car Loan
  5. State Bank of Hyderabad Car Loan
  6. SBI Car Loan
  7. ICICI Bank Car Loan
  8. AXIS bank Car Loan
  9. IDBI Car Loan




car loan

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