Bandhan Bank Car Loan in Purnea, Bihar

The Car Loan Services offered by Avyud Finance to potential applicants is tailor-made to help them travel independently without having to rely on any form of public transport. Applicants can avail of substantial loan amounts at excellent rates of interest, which can be paid back easily over a specified period of time. Buy your very own ride with a Car Loan from Bandhan Bank through Avyud Finance. Access maximum finance on the on-road price of the two-wheeler you intend to buy and repay it comfortably in easy monthly installments over 7 years.

Bandhan Bank Car Loan Important Information

• Loan amount of ₹1 lakh – ₹1 crore


• Flexible repayment tenure – up to 84 months


• On-road funding up to 90% LTV


• Simplified documentation

Eligibility Criteria for Bandhan Bank Car Loan

• Salaried / Self-employed professionals / Self-employed non-professionals and non-individual entities


• Minimum age at the time of application:


• Salaried individual – 21 years


• Self-employed individual – 23 years

Documents Required for Bandhan Bank Car Loan

• Identity proof


• Address proof


• Pro forma invoice of the vehicle to be funded


• Income documents


• Statement of operative bank account

Fees & Charges for Bandhan Bank Car Loan

• Processing fees: Up to 4% of loan amount


• Stamp Duty charges: Actuals as per extant laws


• Bounce charges: Rs.500 per instance


• Late payment or overdue charges or penal interest: 2% per month on the outstanding instalment


• Part payment: No charges applicable


• Foreclosure or pre-closure charges: No charges applicable


• Statement of Account (SOA): Rs.500


• Loan cancellation charges: NIL