Car Loan

Car Loan

You want to buy your dream car, don't need to wait as you can take a car loan to meet your fund requirement. We can make this drive very easy for you, apply for a car loan with us and become delightful owner of your dream car. Loans are available for new cars as well as used cars which enable you to buy your car and pay the borrowed amount through easy monthly EMIs.

Features

Lower rate of Interest 9.24% onwards, Minimum Documentation, Flexible tenures up to 84 months, Quick processing, Loan Repayment in easy instalments thru ECS, Car Loan up to 100% on ex-showroom Price, Refinance options and BT up to 150% of existing Car value, Purchase of used Car.

Loan Eligibility

Minimum take home Salary of Rs.25000/- per month is required.
Age limits - min 23 years to max 65 years
Available for Salaried/self employed/Businessmen
Existing EMI and CIBIL Score
Min 2 yrs work experience for Salaried/ for Self employed/Businessmen 3 yrs business existence

Documents Required

ID and Age Proof (PAN Card Copy)
Current address Proof (Aadhaar/Voter ID/Gas bill/Telephone bill)
Latest 3 Months Salary Slip,
IT Returns for Last 2 years or form 16
Latest 3 months Salary account Bank Statement, (1year for Self employed)
Passport size Photo
Car Quotation from dealer/ Car Model & Variant

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Documentation Assistance

Signing of loan agreements and coordinating funds transfer

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