You don’t need to get lucky to have a car. Buying a car is not a difficult task now. Apply with the help of the online channel and get the best deal and lowest interest rate with affordable EMIs on the car purchase. 

Find the best rate on the car loan Amravati

Best Rates on Car Loan in Amravati as follow:

Interest Rates

Collateral Required

Hypothecation of the car

Loan Tenure

1 Yr to 5 Years

Max Funding

Upto 90% of Car Value

Pre-Closure Charges

0 % to 4 % of the outstanding loan amount

 

 

Find the most suitable offer on car loan Amravati

Following are the features Car Loan in Amravati

  • Up to 90% funding available for new cars
  • Up to 80% funding available for used cars
  • Get maximum loan amount up to 3 times the annual salary (for salaried professionals) or 6 times the annual income (for self-employed professionals).
  • Loan period is usually between 1 to 5 years.
  • Interest is calculated on the basis of compound interest.
  • Equated Monthly Installment (EMI) is worked out for repayment.
  • Early settlement of the pending amount is available subject to pre-payment penalty.

Documentation Requirement for Car Loan Amravati

Some important documents required for availing a Car loan instantly in Amravati are mentioned as under:

  • Identity Proofs: PAN Card, Driving License, Passport or Voters ID
  • Monthly income proof: Minimum 15000 per month income required. Latest salary slip with form 16 / Audited balance sheet, latest 2 years IT returns of the company / Latest ITR
  • Proof of Address: Ration card/Driving License/Voters card/passport copy/telephone bill/ electricity bill/Life insurance policy PAN Card.
  • Bank statement: last 6 months