Å KODA Bank

Repayment

Skoda Finance offers flexible schemes, attractive interest rates, and quick & hassle-free application process to make your dream of owning your favourite Skoda Car a reality

At the same time, we ensure that the repayment terms are equally convenient for you.

  • Repayment tenure ranges from 1 year to 5 years for new car loans.
  • You can make the payments through Post-Dated Cheques (PDCs)
  • Option of repaying through ECS is also available in select cities
  • In case of change in repayment mode. A nominal fee of Rs. 500/- (swap charges) would be charged for exchange of mode of payment along with either new set of PDC or ECS mandate.
  • All cheques should meet the CTS 2010 Standards