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Are you one of those who want to buy an expensive and luxurious car? If the answer to this is yes, then availing a Car Loan is the best deal for you. It is an option that offers you the funds required to buy a car. The loan amount procured through this scheme can be utilized for buying any car according to your choice.
Interest Rates for Car Loan
|New Car Loan Interest Rate (Reducing)||Used Car Loan Interest Rate (Reducing)||Processing Fee|
|10.25%||13.75% Up to 36 Months||0.50%|
|17.20% Above 36 Months|
- Easy monthly repayment options.
- Instantly available.
- Loan Tenure period varies from 5-7 years.
- Affordable interest Rates.
- Easily and quickly available loans.
- No hidden charges.
- Minimum age : 21 years
- Maximum age at loan maturity: 65 years
- Minimum employment: For Salaried 1 year in current employment and minimum 2 years of employment / For Self- Employed at least 3 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 6 months
Goa is India’s smallest state by area and fourth smallest by population in India. The place is renowned for its beaches, places of worship, and world heritage architecture. Goa attracts a large number of tourists from international as well as domestic tourist each year. Goa is also known as the city of Beaches.
Special Note: Banks do not provide Car Loan to bad credit holder, but one can fulfill their money requirement with Gold Loan easily.
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