Corporation Bank Used Car Loans

Corp Vehicle Loan (Used Vehicle)

Processing Fee

Loan Amount
₹ Up to 1 Crore
1 - 7 Years


Can I avail the loan to purchase a secondhand / used two or three wheeler?

No, Corp Vehicle Loan cannot be availed for purchasing a used two or three wheeler.


How much I have to pay for margin on Crop Vehicle Loan availed for purchasing a Used Vehicle?

A 40% margin is necessary to be paid by the borrower to avail the loan.