car loan

Call us on 9878981166


 

Nowadays, buying a car has become a dream for every common man. Limited income and overbearing expenses do not allow a common man to buy his favorite car. A Car Loan is a convenient scheme that allows a person to bring home a vehicle. Get easy funding to drive your dream car home.

 

“Save your precious time. No frequent visits to any bank. We will assist you in getting the Best Car Loan to buy your dream car. The Best Car Loan according to your needs will knock at your door. Avail your Car Loan without any hectic procedure and cherish your life with the thrilling and breathtaking ride of your dream car.”

 

 

What is Car Loan?

 

A car loan is a financial help offered by banks and NBFC's to fulfill your dream of having your own car. The banks provide necessary funding for purchasing a car which can be on Ex-Showroom Price or On-Road Price of the car. Loan amount is offered on Interest charges which vary from bank to bank. You can pay for the vehicle in easy installments.

 

Why should one choose Car Loan in Quilon?

  • 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.

 

Eligibility Criteria for Car Loan

  • Minimum age: 21 years
  • Maximum age at loan maturity: 65 years
  • Minimum employmentFor Salaried 1 year in current employment and minimum 2 years of employment / For Self- Employed at least 3 years in business
  • Minimum Annual IncomeFor 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.

 

Documents you will need to submit

  • 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

 

Interest Rates:

Banks/Rates

New Car Loan Interest Rate (Reducing)

Used Car Loan  Interest Rate (Reducing)

Processing Fee

Get The Best Offers

HDFC Bank

10.00% - 11.00%

13.99% - 15.50%

Rs. 999 to Rs. 4300

Apply Now

Axis Bank 

10.25% - 11:25%

14.50% to 16%

Rs. 3500 to Rs. 5500

Apply Now

Bank of Baroda 

10.75%

N.A.

0.75% Up to 15 Lac

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Kotak Mahindra Bank 

11.50% - 13.50%

17% - 20%

Rs.3300 to Rs.4750

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Punjab National Bank 

10.75% to 11%

NA

0.5% to 1.5%

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State Bank Group 

10.50%

17.05% to 17.30%

0.50%

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ICICI Bank

10.50% to 11.75%

16.50% to 18.00%

Rs.2500 to Rs.5000

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Bank of India 

10.50% to 13.50%

13.50% to 14.50%

0.50% to Rs.25000

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Canara Bank 

12.50% Fixed

N.A

0.10% of Loan Amount

Apply Now

Corporation Bank 

13.75%

N.A

0.50%

Apply Now

 

 

About Quilon

Quilon district (formerly Kollam) is one of the 14 districts of the state of Kerala, India. Quilon is the capital of Kerala's cashew industry. Mountains, plains, lakes, backwaters and lagoons, forests, rivers and farmland make up the topography of the district.

 


 

REMINDER SERVICES EMI CALCULATOR

CAR LOAN INTEREST RATES

 

 

 

 

 

 

 

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