HOW I AVAILED MY CAR LOAN | MARGIN MONEY | ROI | MAXIMUM TERM | CHARGES | ALTROZ - YouTube

Channel: Tarun Shandilya

[0]
INTRO
[16]
THERE ARE RAT MARKS IN MY CAR ENGINE BAY
[25]
BUT THAT IS TOPIC FOR ANOTHER DAY
[35]
TODAY WE SHALL TALK ABOUT LOAN
[41]
FROM WHERE I HAVE AVAILED MY CAR LOAN
[57]
I WORK IN CANARA BANK
[67]
AND BANK EMPLOYEE CAN AVAIL LOAN AT CHEAPER RATES THAN GENERAL PUBLIC
[76]
I SHALL TALK ABOUT LOAN REQUIREMENTS FOR GENERAL PUBLIC
[90]
PLEASE SUBSCRIBE MY CHANNEL AND LIKE AND SHARE THE VIDEO
[113]
RATE OF INTEREST IS BASED ON CIBIL SCORE
[123]
EVERY PUBLIC SECTOR BANK HAS ALMOST SAME RULES
[131]
IN CANARA BANK IF YOUR CIBIL SCORE IS 700 AND HIGHER
[134]
THAN ROI WILL BE 7.30% - 8%
[162]
LOAN TERM IS 7 YEARS MAXIMUM
[177]
IF YOU ARE EXISTING CUSTOMER THAN YOU CAN AVAIL UPTO 90% OF ON ROAD PRICE OTHER WISE ITS 85% OF ON ROAD PRICE OF CAR
[201]
REST 10 OR 15% IS MARGIN MONEY WHICH YOU HAVE TO PAY BY YOURSELF
[263]
PROCESSING CHGS ARE RS200 PER ONE LAKH PLUS 18% GST
[285]
IF YOU AVAIL 6 LAKH LOAN FOR 7 YEARS THAN EMI WOULD BE 9000-9500 PER MONTH
[329]
MAX TENURE FOR BANK EMPLOYEE IS 16 YEARS WITH SIMPLE INTEREST RATE OF 6%
[349]
MY CAR LOAN IS 6 LAKH FOR 16 YEARS AND EMI IS 5000 PER MONTH WHICH GOES FULLY TOWARS PRINCIPLE
[386]
INTEREST IS PAID IN REST 4 YEARS