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Do you want to buy a new branded launched Car? Don’t you have enough money in your pocket? You can apply for Car Finance at low rates of interest. It is an instant loan which is sanctioned within 2-3 days. It enables a person to buy the car of his choice. He just needs to decide the make and model of the car.
Interest Rates for Car Loan
|New Car Loan Interest Rate (Reducing)||Used Car Loan Interest Rate (Reducing)||Processing Fee|
|10.00%||13.75% Up to 36 Months||0.50%|
|17.20% Above 36 Months|
- Minimum age: 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: For Salaried 1 year in current employment and minimum two years of employment / For Self- Employed at least three years in business
- Minimum Annual Income: For Salaried Rs 100000 net annual income / For Self- Employed Net profit Rs. 60000 p.a for standard cars and Rs.100000 p.a. for mid-sized and premium cars
- Telephone: Must at residence.
- Proof of Identity: Passport copy, PAN Card, Voters ID card, Driving License( Laminated, Recent, Legible)
- Income Proof: For Salaried Latest salary slip with form 16 / For Self- Employed Latest ITR
- Address Proof: Ration card / Driving license / Voters card / Passport Copy / Telephone Bill / Electricity Bill / Life Insurance Policy PAN Card
- Bank Statement: Last six months
Special Note: Banks do not provide Car Loan to bad credit holder, but one can fulfill their money requirement with Gold Loan easily.
|Other Leading Loan Options in Visakhapatnam(Click to Apply)|
|REMINDER SERVICES||EMI CALCULATOR|
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