IndiaBanks.org · independent research

Personal, home, vehicle & other loans

Cent Combo Vehicle Scheme

Combined home-loan and vehicle facility for existing Central Bank home-loan customers with a two-year satisfactory repayment history.

Interest rateNot published as a standalone percentage; the scheme directs applicants to the latest Central Bank vehicle-loan rate table.Maximum financeNot published separately; the page applies Cent Vehicle or Cent Go Green Vehicle terms and the lower of income, LTV, EMI/NMI or applied amount.Maximum amountNo separate Combo Vehicle ceiling is published; the page applies Cent Vehicle or Cent Go Green Vehicle quantum and the lower of income, LTV, EMI/NMI or applied amount.
Official product page ↗Compare category

Quick eligibility check

Cent Combo Vehicle Scheme

0 of 5 answered

Answer what you know. This guide compares your answers with the criteria published for this product; it is not an approval decision. Your answers stay on this device.

1Do you meet this requirement: Existing Central Bank home-loan borrower, or borrower taking over another-bank home loan?

Published source: Eligibility

2Do you meet this requirement: the home-loan account must have been standard with nil SMA and repayment running at least two years?

Published source: Eligibility

3Does your annual income meet this requirement: the amount is constrained by income criteria, LTV and EMI/NMI rules inherited from the underlying vehicle scheme?

Published source: Minimum income

4Do you meet this requirement: Applicant must have a Central Bank home loan (or take over another-bank home loan), maintained as a standard asset with no SMA, and repayment started at least two years earlier?

5Document checkDo you have this required document or proof: Existing home-loan records, KYC, income and vehicle quotation/registration documents?

Published source: Eligibility
0 of 5 answeredAnswer the remaining questions to see your checklist result.
✓ Manually checked 6 Sept 2026 · active
Offered byCentral Bank of India

India

Key facts

What the official sources publish

Every value belongs to this exact product. Expand any fact to inspect its official evidence in place.

Loan typeTerm loan for purchase of a new four-wheeler for personal use, combined with an existing or taken-over Central Bank home loan.View source
The page states the new four-wheeler personal-use purpose and home-loan combination.
Source
Cent Combo Vehicle Scheme
Page / section
Purpose
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
EligibilityExisting Central Bank home-loan borrower, or borrower taking over another-bank home loan; the home-loan account must have been standard with nil SMA and repayment running at least two years.View source
The page publishes the two-year seasoning and standard-asset/no-SMA conditions.
Source
Cent Combo Vehicle Scheme
Page / section
Salient features
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Processing fee0.50% plus GST, minimum ₹2,000 plus GST and maximum ₹20,000 plus GST; full waiver through 31 December 2026.View source
The processing-charge row gives percentage, floor, cap and waiver.
Source
Cent Combo Vehicle Scheme
Page / section
Processing charges
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Interest rateNot published as a standalone percentage; the scheme directs applicants to the latest Central Bank vehicle-loan rate table.View source
The page links current vehicle rates without embedding a number.
Source
Cent Combo Vehicle Scheme
Page / section
Rate of interest
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Maximum financeNot published separately; the page applies Cent Vehicle or Cent Go Green Vehicle terms and the lower of income, LTV, EMI/NMI or applied amount.View source
The page incorporates vehicle-scheme terms without a separate quantum.
Source
Cent Combo Vehicle Scheme
Page / section
Other terms
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
APRNot published as a separate APR calculation on the reviewed page.View source
No calculation is shown.
Source
Cent Combo Vehicle Scheme
Page / section
Complete rate review
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
PrepaymentNot published on the reviewed scheme page.View source
The page contains no prepayment row.
Source
Cent Combo Vehicle Scheme
Page / section
Complete fee and foreclosure review
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
BenchmarkNot named on the scheme page; applicants are directed to the latest Central Bank vehicle-loan rate table.View source
The full page links current vehicle rates without naming a benchmark.
Source
Cent Combo Vehicle Scheme
Page / section
Rate of interest
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Minimum incomeNo numeric income threshold is published on the Combo Vehicle page; the amount is constrained by income criteria, LTV and EMI/NMI rules inherited from the underlying vehicle scheme.View source
The page references income criteria but gives no standalone threshold.
Source
Cent Combo Vehicle Scheme
Page / section
Other terms and eligibility
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
Maximum amountNo separate Combo Vehicle ceiling is published; the page applies Cent Vehicle or Cent Go Green Vehicle quantum and the lower of income, LTV, EMI/NMI or applied amount.View source
The complete page incorporates vehicle-scheme terms without a separate cap.
Source
Cent Combo Vehicle Scheme
Page / section
Other terms
Accessed
6 Sept 2026
Confidence
high
Open official source ↗
TenureNo separate Combo Vehicle tenure is published; Cent Vehicle or Cent Go Green Vehicle repayment terms apply.View source
The page directs applicants to the underlying vehicle scheme for all other terms.
Source
Cent Combo Vehicle Scheme
Page / section
Other terms
Accessed
6 Sept 2026
Confidence
high
Open official source ↗

Benefits and features

  • New four-wheeler personal-use finance
  • Existing Central Bank home-loan relationship can qualify
  • Processing-fee waiver published through 31 December 2026
  • Vehicle scheme terms apply

Eligibility

  • Applicant must have a Central Bank home loan (or take over another-bank home loan), maintained as a standard asset with no SMA, and repayment started at least two years earlier.

Passing a listed condition does not mean the bank will approve an application.

Documents the bank lists

  • Existing home-loan records, , income and vehicle quotation/registration documents

Related official documents

Cent Combo Vehicle Schemeofficial-product-page · current · accessed 6 Sept 2026
↗

Plan before applying

Try the numbers

Private, instant and based on the values you enter.

Try your numbers

Loan repayment estimate

See what the loan could cost each month. Move any slider to try a different amount, rate or repayment time.

One monthly payment₹21,696twenty-one thousand six hundred ninety-six rupees
Interest paid over the full loan₹27,06,939twenty-seven lakh six thousand nine hundred thirty-nine rupees
Everything you repay₹52,06,939fifty-two lakh six thousand nine hundred thirty-nine rupees

This is only an estimate, not a bank or insurer offer. The final amount can change because of taxes, fees, rate changes and provider rules.

Use the published table

Find the exact published value

Choose a table, then pick its row and column. This shows the exact entry published by the bank or insurer without making you scan every cell.

Vidyalaxmi · Amount / purposeSelected institutions; income-subvention bands

This value is copied from Central Bank education and vehicle variant terms. Check the table notes before relying on it.

Source: Central Bank education and vehicle variant catalogue · Variant product pages Open official source ↗

Published tables

Complete rates, limits and schedules

Tables preserve every reviewed row and column from the cited official source.

Table 1 · 4 rows · 5 columnsCentral Bank education and vehicle variant termsPublished terms transcribed from official Central Bank product pages.View tableHide table

Scroll sideways to view every column

Central Bank education and vehicle variant terms
ProductAmount / purposeMargin or securityTenureCharges
VidyalaxmiSelected institutions; income-subvention bandsAAA/ nil margin; no collateral/guarantorCourse + 1 year moratorium; up to 15 yearsProcessing and prepayment nil; // charges apply
Cent Tech VidyarthiIIT/NIT; up to ₹15 lakhIncome and life-policy assignment; guarantee waivedCourse + 1 year moratorium; up to 15 yearsNo processing; ₹81 + ; ₹100 +
Cent Combo VehicleNew personal-use 4W; amount inherits vehicle schemeExisting home-loan standard asset; nil SMAVehicle scheme terms apply0.50% + , ₹2,000–₹20,000; waiver through 31 Dec 2026
Cent Vehicle BusinessNew business vehicle; up to ₹3 crore15% on-road margin; collateral nilUp to 60 monthsNot published on page
  • Standalone is not published on these pages; current rate tables or underlying Cent Vehicle terms apply where stated.
Central Bank education and vehicle variant catalogue · Variant product pages · accessed 6 Sept 2026Open official source ↗

More from Central Bank of India

Related products

Cent Vidyarthi Executive MBA Loan

Education loan for or Executive at listed premier management institutes, with ₹50 lakh finance, nil margin and no collateral or third-party guarantee.

View product

Cent Go Green Vehicle Scheme

Term loan for a new electric two-wheeler or four-wheeler for personal use, with income-based finance, 10%/20% margin and repayment up to 72 or 96 months.

View product

Cent Gold Loan Scheme

Bullet-repayment demand loan against eligible 18/20/22-karat jewellery or bank-sold gold coins, from ₹10,000 to ₹60 lakh with 68%–78% .

View product

Cent Grih Lakshmi

Women-focused home-loan variant where the woman is the sole or first borrower and must be named in the property.

View product