J and K Bank Car Loans

Find details of j and k bank car loan through J and K Bank EMI calculator. Just enter the loan amount of car you want to get financed and rate of interest. J and K Bank EMI calculator automatically calculates the installment on reducing balance and it does not have any other processing fee.

Also see :   Car Loan Emi Calculator
J and K Bank
J and K Bank

New Car Loan Rates

Tenure3 Years
Down Payment10% - 20%
Processing Fee0.25% (Min Rs 500)
Interest Rate11
Document Charges
J and K Bank avails you with host of services and facilities online with which you can get car loan approval in an easier way. The customers who are dreamt of owning their desired car will turn their dream into reality via the golden opportunity provided by J and K Bank. The eligibility criteria set by the bank that any individual having minimum gross income of Rs. 1.00 lakh per annum erases the hindrance that only silver-spooned can purchase the latest available cars. The bank even churns out the repaying capacity of an individual who had applied for loan by extending the tenure up to 8 years for new car while it is 5 years for used cars. Vicky. in proves to be the powerful tool through the provision of accurate information on processing fee, documentation charges, EMI amount of such banks

Loan Eligibility Calculator

J&K Bank Car Loan eligibility, Interest Rate, documents and process

Scale of Finance
  • 3000 to 40,000 per Article

Maximum Finance
  • 75000 subject to 12 times net monthly Salary. (More than one article/Durable)

Eligibility
  • Employees of Govt., Semi-Govt., Civic Bodies, Self employed (with assured income).
 
Security
  • Primary: Hypothecation of article financed .
  • Collateral: Third party Guarantee of one person. Processing Charges
    • Nil

    Repayment
    • 60 months

    Margin
    • 25 %