United Bank Car Loan Calculator

  • Eligibility, Schemes, Interest Rates Dec 2016, EMI - New Car, Used Car

Features and Eligibility United Bank of India New Car Loan Scheme United Bank of India Used Car Loan Scheme
Interest Rates 9.95% Floating Not Available
Maximum Loan Amount Eligibility 85.00% of on-road price Not Available
Maximum Loan Tenure (years) 7 years Not Available
Lowest EMI per Rs. One Lakh Loan Amount (Rs.) Rs. 1658 Not Available
Processing Fee 0.50% Min Rs. 500 Max Rs. 10000
Prepayment Charges Nil Not Available
Interest Calculation Monthly reducing balance Not Available
Age (years) Between 21 years and 65 years
Minimum Net Annual Income (Rs. lakh)
--Salaried 2.4 0.0
--Self employed professionals 2.4 0.0
--Self employed businessmen 2.4 0.0
Apply Car Loan Online
 Salaried   Self Employed - Professional   Self Employed - Business 





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  • Car loan EMI calculation varies from bank to bank depending upon the method of calculation.
  • The standard convention should be to use the EMI in arrears method on reducing balance basis – whereby you pay interest on the car loan amount outstanding on a reducing basis at or after the end of the month.
  • Simply key in the loan amount, rate of interest and car loan tenure here and check the EMI amount using the car loan EMI calculator here. In case the EMI amount displayed is different from the one advised to you by the agent, you must check the calculation basis with your car loan agent.

  • New Car Loan Schemes of All Banks

  • Used Car Loan Schemes of All Banks

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