Auto Loan

Auto Loan


We offer our customers a bouquet of consumer banking products and to make banking with us a rewarding experience. You will find that our loan products extend financial flexibility to you without inconvenience or strain, encompassed with the most attractive rates in the market. consumer loan products, it has never been so easy to realize your dreams, be it owning a house or holidaying in an exotic land of your choice.

 
Whether you are a professional or an employee or self-employed individual, and are looking into purchasing a new or used car, it does make good business sense to consider a car loan from us. So race ahead with our fast, cost-efficient and personalized car loan plans. Our Car Loan works much like your dream car: fast, cost-efficient and user-friendly.

 

How to apply? You can either download the application or collect it from any of our nearest offices. After having it filled, you need to submit it with all the supporting documents. Laxmi Bank will consider your application, carry out a due diligence, as it deems necessary and convey its decision within two days after complete information is obtained.
Security Ownership of the vehicle in the bank's favor would be the primary security for the loan.
Rate of interest Refer to our Interest Rates for regular rates. 
Repayment Repayment tenure extends from 12 to 84 months on equal monthly installment basis depending upon your income and repayment capacity.
 

* Conditions Apply