In this modern era, the car has become the necessity of everyone's life. It becomes quite difficult to arrange funds to buy'a car in limited income. Here is a financial option available for you known as Car Financing. It is a loan which is available at best in class interest rates with easy documentation.
Interest Rates for Car Loan
|New Car Loan Interest Rate (Reducing)||Used Car Loan Interest Rate (Reducing)||Processing Fee|
|9.20%||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 the 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
Ghaziabad is a city in Uttar Pradesh. It is a biggest industrial city well-connected by road and rail network. The city has been witnessing a major boom in construction that makes it a 2nd fastest rising city in the world.
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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