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Stop worrying about getting a new car without limited funds. You can easily acquire funds to buy your favorite car with the help of Auto Loan. There are various loan providers in India with flexible loan terms and conditions. It is the best way to drive in your car at your home easily in a smarter way.
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 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 car, 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
Akola is a district in state Maharsatra.It is a developing city in region of vidarbha. It is known for it’s grain market, and is the leading producer of cotton also known as Cotton City. Akola is developing faster in terms of IT. Marathi is the language spoken here.
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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