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Do you want to buy a car? Do not have adequate funds for it? If yes, you can consider availing a Car Loan. It is a finance scheme that offers cash to people and help them in fulfilling their dream. This loan can be utilized for buying a car of any make and model.
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|
- 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 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
Vapi is a city and municipality in Valsad district of Gujarat. It is located on the banks of Damanganga River in Gujarat. It is the biggest city of Valsad District and comes under the Taluk Administration of Pardi.
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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