It usually will take up to 2-3 months, they will call you with several options to see if there is anyway to figure a way for you to stay in the car.
If you miss one payment you get a warning, after the 2nd, they can reposess the car.
To get an auto loan from a bank you need to give three months bank statements for your salary account along with many other documents. The salary is reviewed by the bank and then the loan amount is decided.
6 months
Currently in India (As of 2013), all cheques are valid for a period of 3 months only. This rule is irrespective of the bank whose cheque is being used. So, a UCO bank cheque, an ICICI Bank cheque and an HDFC Bank cheque, all of them are valid only for 3 months from the date of issue.
This year it was 24
A bank contract is only one of many things you signed when you intended to purchase the vehicle. The bank is the one to log the reposession so the dealers copy and the banks copy would have to be lost.
cheques in India are usually valid for 90 days from the date of issue. This works out to 3 months. However you can confirm this with your bank customer care to be 100% sure.
11 points in 18 months
A bank can repossess a car at any time the loan has defaulted. Many times a bank will wait until a payment is 2 to 3 months behind before repossession.
Depends on the lending institution but the S.O.P. (Standard Operating Procedure) for most is 3 months.
3 weeks
Some banks that offer loan mortgages are State Street, Bank of Hawaii, Signature Bank, First Republic Bank, Bank of New York Mellon, City National and many more.
"There are many branches of Central Bank in New York City. Central Bank of China is located at 59 Liberty Street. Shinkin Central Bank can be found at 114 W 47th St, #C-1. Central Bank of Turkey is at 821 United Nations Plaza. These are just a few examples of branches within the city."